VCs give a Larger Amount of Money to Female Founders

A study by CB Insights of 185 internet companies who received investment in the first half of 2010 companies displayed some interesting findings, such as:

  • Only 7% of entrepreneurs starting online ventures in New York state are women, it turns out. But all-female teams get a median of $4.5 million in funding—$2.2 million more than all-male teams—and $4.1 million more than mixed-gender teams.
  • In New York state, it pays to go it alone—companies with one founder for the period studied received an average of $4 million, twice as much as companies with two or three founders. This did not hold true for California or Massachusetts, where more founders could mean more bucks.
  • Here is the full report:

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