• Skip to main content
  • Skip to secondary menu
  • Skip to footer

Venture Capital Matters

#VentureCapital: VC meets social media

  • Pitch a Startup
  • Market Reports
  • Technologies
    • Technology Events
  • Domain Names for Startups
  • About
  • Contact

Startups Actively Seek to Increase the Number of Women in Leadership Roles, but Progress is Slow

March 6, 2019 By 3v.org Leave a Comment

Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, released its Women in Technology Leadership 2019 report. The report shows that while there has been some progress over the last year, a lack of gender parity persists. Just 56 percent of startups have at least one woman in an executive position, and only 40 percent have at least one woman on the board of directors. The Women in Technology Leadership 2019 report is part of the 10th anniversary edition of SVB’s Startup Outlook Report, which is based on a survey of 1,400 technology and healthcare startup founders and executives primarily in the US, the UK, China, and for the first time, Canada.

“We have measured gender parity in startup leadership since 2014 and the numbers continue to be concerning. We must do better,” said Greg Becker, CEO of Silicon Valley Bank. “There is, however, a bright spot in that startups are recognizing the pressing need to be more proactive; 59 percent now have programs in place to help close the gender gap. While there is still a great deal of work to be done, we believe that the innovation economy is making progress and sees that increasing gender diversity as an important way to attract skilled talent, one of the biggest challenges facing startups.”

Startups Actively Seek to Increase the Number of Women in Leadership Roles

SVB’s Women in Technology Leadership 2019 report measures the percentage of women in leadership positions and compares startups’ views of the innovation economy based on the gender of their founders. Survey findings include:

Twenty-eight percent of startups have at least one woman on the founding team.
Founder gender often determines women’s roles. Just five percent of startups with only men on the founding team have a female CEO, and they are much more likely to have women leading HR and marketing.
Fifty-nine percent of startups have programs in place designed to support gender diversity, the highest percentage we have seen since the report’s inception in 2014.
Raising capital is hard for all startups, and even more challenging for companies with at least one female founder. Eight-seven percent of companies with at least one female founder describe the fundraising environment as somewhat or extremely challenging compared to 78 percent of all-male founding teams.
Startups with at least one female founder are more likely to engage with small investors.
When it comes to gender-based hiring goals, 24 percent of startups have companywide hiring and promotion goals, seven percent have goals for C-level positions only, and 17 percent have goals to add female board members.
SVB also asked startups to describe the programs they have in place to support gender diversity. The most common programs include creating a flexible work environment, recruiting/interview techniques and leadership development.

“Over the past couple of years at Gapsquare we have seen tech companies using data to narrow gaps,” said Dr. Zara Nanu, CEO and Co-Founder of Gapsquare, a UK-based big data company using cloud-based software to analyze and narrow the gender pay gap, as well as building equality and diversity into company practices. “And there are a few initiatives that are already providing results. Some of the most successful initiatives we have seen focus on providing flexible working for all employees, and finding new and innovative ways to think about hiring new talent as well as promoting employees within the company. We have also seen progress in companies which analyze all of the reward and compensation elements and restructure them to ensure they benefit everyone.”

The full report is available at www.svb.com/women-in-technology/.

About Silicon Valley Bank
For more than 35 years, Silicon Valley Bank (SVB) has helped innovative companies and their investors move bold ideas forward, fast. SVB provides targeted financial services and expertise through its offices in innovation centers around the world. With commercial, international and private banking services, SVB helps address the unique needs of innovators. Learn more at svb.com.

SOURCE Silicon Valley Bank
http://www.svb.com

Related

Filed Under: PR

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Footer

RSS Market Research Media

  • America’s 100 largest housing markets are overpriced
  • How do media companies perform in digital transformations?
  • A six-step forecasting methodology
  • New skills will be required for the future world of work
  • Two biggest barriers to wider adoption of XR are user experience and limited content
  • The current market value for AR/VR/MR is around $30.7B, and the worldwide market may rise to $300B by 2024
  • Global asset classes compared by market cap in 2021
  • Russian oil production succumbing to the impact of Western sanctions
  • Russia’s default on its foreign debt is around the corner
  • BRIC Investment Funds Have Taken a Beating This Year

RSS Market Analysis

  • Another pandemic may be on the horizon: antimicrobial resistance
  • Low-carbon fuels will be essential for decarbonization
  • Blue hydrogen becoming increasingly cost competitive
  • The construction industry is responsible for 11% of the world’s man-made carbon emissions
  • Military Applications of Quantum Technology
  • New Technologies to Disrupt Traditional Renewable Fuels
  • Australia approves a drought-tolerant genetically modified strain of wheat for use in food
  • The Pentagon’s FY2023 budget request for hypersonic-related research is $4.7 billion
  • Middle East and North Africa region’s economies grew by 5.8% in 2021
  • Job openings hit a record high March

RSS Technologies

  • Cloudflare Unveils New SQL Database Offering
  • Cloudflare announces Workers for Platforms
  • Intel is rolling out new processors designed for data centers
  • EU moves to wean itself off Russian fossil fuels
  • A New Hydrogen-Powered Behemoth
  • BAE Systems to Bring Next-Generation Electric Drive System to Heavy-Duty Industrial Vehicle Market
  • MEMS Speakers Are Replacing Balanced Armature Speakers
  • Trends in data and analytics
  • Apple takes another step towards EV development
  • French company captures methane leaking from abandoned mines

Copyright © 2018 3V.org

Technologies, Market Analysis & Market Research Reports

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT