Black women today comprise the fastest-growing group of entrepreneurs in the US, generating over $44 billion a year in revenue. But only 2% received VC funding with the average amount of $36,000.
While half of U.S. investment capital comes from women, only 3 percent run hedge funds.
Although women control 80 percent of consumer spending in the United States, we are only 11% of creative directors in advertising.
Brooklyn has more female startups than any other single city in the United States. Silicon Valley has the least.
Women are 59% of the college-educated, entry-level workforce. But we hold less than 9% in top management positions.
Do women make 78 cents to the dollar? Only if you’re White. Black women make 60 cents while Hispanic women make a paltry 55 cents.
19% of women (vs. 33% of men), say they got a raise when they asked.
Only 9% of film directors are women.
In Silicon Valley startups, women hold only 9% of management positions and account for only 14% of senior management positions.
In the US, women are only 10% of governors, hold 18.5% of congressional seats, and 20% are senators.
Only 10 percent of startups which raised Series A last year had female founders. Today’s venture capital environment clocks some 305 active funds over $100 million. These funds collectively put $114 billion to work. Ninety percent of it never sees a female founder.
Women of color hold only 3.2 percent of the board seats of Fortune 500 companies.
The US ranks 45th in the World Economic Forum’s Global Gender Gap Report, falling 17 spots from last year’s. We are behind four African countries and all major European cities.