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The venture capital industry has notoriously underfunded women; AI experts share insights on whether AI can lead to better investment outcomes for all.
Last fall I had the opportunity to pitch a well-connected Silicon Valley angel group and the great fortune of making it through due diligence with them. Then, after many hours spent working on a potential investment, I learned that they would not be investing—even though my company was rated as having potential for “high return and medium risk.” In conversation with the lead investor we were working with, she commented that one of the reasons she was passing is that “it is harder for women to raise a Series A.” Meaning that she’s invested in women founders before and that her investment struggled to get a return—she seemingly calculated the founder’s gender into her investment decision-making process.
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