👩🏽💻 Celebrating Women's History Month, Tier-1 investor tips, free money for startups, valuation trends, and more
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Austin C (Slauson), Calanthia M (Masa), Kim P (OmSom), Arjay R (Homeroom)
Happy Women's History Month! This is a time to reflect on feminism, the state of women, and how we can take action to empower them (us!). I invite you to join me in this exercise. I share my reflections on these topics from the perspective of a Latina VC, to stimulate your thinking.
What is feminism to you?
Feminism is a belief in and commitment to gender equality. It is not about man-hating, but rather about inclusivity. The focus of feminism is not on women's superiority, but on the idea that all genders should be treated equally. Feminism is also about taking into account women's intersectionalities (and not about "white feminism”).
What stats on the state of women would you like to see improved?
Women make up 50% of the global population, earn over $20 trillion annually globally, and control over 33% of total household wealth (Goldman Sachs)
Less than 2% of LP-VC funding goes to women fund managers, and less than 2% of VC investments go to women founders (Techcrunch)
Without investment, it will take 300 years to achieve gender equality (United Nations)
How can I and others help empower women and improve the state of women?
Invest in top female founders and fund managers
Hire women and promote them to positions of power
Speak up for women. If we remain silent, we become bystanders who condone sexism
As you reflect on these topics, remember that it is normal to have a unique perspective on feminism, the state of women, and women's empowerment. After all, our perspectives are shaped by our personal lived experiences, worlds, and intersectionalities.
And with that, I send lots of love to all the women in our community and invite you to consider reading Angela Davis’s Women, Race and Class and Mikki Kendall’s Hood Feminism: Notes from the Women That a Movement Forgot.
Calanthia Mei and Brendan Playford of Masa Finance (port co) for deploying on the Celo blockchain with its new "Prosperity Passport." Arjay Ruggles of HomeRoom (port co) for joining the Techstars Music Accelerator. Kim Pham of OmSom for launching at Target. Anna Barber, Austin Clements, and Minnie Ingersoll for making Business Insiders' Most Important VCs in Los Angeles list.
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