Gender

Why It’s Harder for Women Founders to Get Venture Capital Funding

Heather E. Tookes

A new study co-authored by Yale SOM’s Heather Tookes shows that women are less likely to get funding compared to men with similar entrepreneurial history. One reason is that investors who have experienced a poor outcome from a woman-led startup shy away from other women founders—but benefitting from successes of women founders doesn’t lead them to invest more.

An illustration showing a male investor being raised up by hands and money, while a women investor is getting less

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