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Rose Vitale, Managing Partner at DRA Family Office, discusses backing female founders and encouraging family offices to invest more in women-owned businesses. They talk about funding challenges for women-led startups, unconscious bias in venture capital, the need for a strong support system, their investment focus on female-led companies, and the impact of investing in women beyond financial gains.
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Quick takeaways
- Women-owned businesses received only 2.1% of venture capital funding last year, highlighting the urgent need for increased support and allocation of capital to address the disparity.
- Unconscious bias among investors contributes to the lack of investment in women-led businesses, emphasizing the importance of greater awareness and conscious decision-making to break the cycle and promote equal access to capital.
Deep dives
Lack of Venture Capital Funding for Women
The podcast discusses the significant disparity in venture capital funding for women-owned businesses, with women receiving only 2.1% of the total funding last year. Despite women starting approximately 40-50% of all startups, they face limited access to capital, hindering their ability to scale their businesses. The podcast highlights the need to support and allocate capital to women entrepreneurs to address this issue.
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Listen to the best highlights from the podcasts you love and dive into the full episode