BlogBeat

Latinas are vital to startup success

Latinas are vital to startup success

By Sara Inés Calderón
Más Wired

A recent analysis of 20,000 venture-backed companies in the U.S. from 1997 to 2011 found that, when women are in senior positions, companies tend to do better. An article in Business Week noted:

They had more than twice as many women in top jobs like C-level managers, vice presidents, and board members than their unsuccessful counterparts did.

Companies that went public, were acquired, or turned profitable were defined as “successful”…At successful companies, the median share of female executives was 7.1 percent, compared with 3.1 percent at unsuccessful firms.

This is particularly interesting given a few of our recent pieces.

First, it appears that professors in universities don’t think women are as capable as men, which means the “pipeline issue” is a problem before women even graduate college and have the chance to work in a startup.

Secondly, as we discussed recently, Latina students in STEM or tech-related fields face a double barrier of not only sexism, but racism, so there are even fewer likely to make it through to the professional world.

Diversity of gender is important, but in a country with such rapidly changing demographics, without Latinos startups are going to be hurting. Hopefully more startups start turning their gaze to less “traditional” communities when they get going — or even better — that more Latinos and Latinas will launch their own startups.

[Image Via Victor1558]

Click to add a comment

You must be logged in to post a comment Login

Leave a Reply

BlogBeat

More in BlogBeat

circle_of_friends_1170-770x460

How Head Start protected civil rights activists

Latina ListaJuly 1, 2015
78485753

Study: Authoritarian Parenting can Lead to Anxiety and Depression Among Latino Children

Latina ListaJune 30, 2015
featured

Announcing America’s 11 Most Endangered Historic Places for 2015

Latina ListaJune 29, 2015
920x920

Q&A with Political Activist Rosie Castro (Mom to Joaquín and Julián)

Latina ListaJune 25, 2015
Patricia-Cardenas-volunteer-student-771x578

About half of high schools release discipline records to colleges for admissions

Latina ListaJune 23, 2015
C!!

Study: humans causing sixth extinction event on Earth

Latina ListaJune 22, 2015
744616-e1398371335442

Report: More Latinos Earning STEM Degrees

Latina ListaJune 19, 2015
bike-helmet-child

Study: Latino children and other minorities less likely to use helmets

Latina ListaJune 17, 2015
spanish-speaking-countries-580x230

Spanish in the 21st Century

Latina ListaJune 16, 2015