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Girl Develop It Co-Founder Provides Keys To The Coding Kingdom

9 Oct

Not many female role models existed three years ago when Vanessa Hurst and Sara Chipps founded Girl Develop It, which aims to empower women by giving them a safe place to learn about technology.

\”We wanted to make a place where it was OK to ask questions,\” Hurst recalls. \”Low cost classes, really accessible and no judgment.\”

Girl Develop It started as a Meetup group operating from a downtown Manhattan co-working space. Today it\’s in 16 cities and more than 5,000 women have gone through classes in HTML, Javascript, PHP, Python and more.

via Girl Develop It Co-Founder Provides Keys To The Coding Kingdom – Careers Articles.


Without Their Permission, I Nominate These Women Tech Entrepreneurs To Write A Book

8 Oct

I like Alexis Ohanian.  He’s the co-founder of Reddit and a tech activist and entrepreneur. His book, Without Their Permission, is getting a lot of attention.  However there has not been any other women tech entrepreneur who has written a business book/memoir.  Sheryl Sandberg can’t be the sole voice of women in tech.  I nominate these ten women.

  1. Angela Benton (Founder of Black Web 2.0 and NewMe Accelerator)
  2. Rachel Brooks (Founder of CitizenMade)
  3. Soraya Darabi (Founder of Zady, former co-founder of Foodspotting)
  4. Kathryn Finney (Founder of Digital Undivided and The Budget Fashionista)
  5. Heather Hiles (Founder of Pathbrite)
  6. Susan Mernit (Blog Pioneer, Founder of Oakland Local)
  7. Brit Morin (Brit & Co)
  8. Tina Roth Eisenberg (founder of Tattly,  TeuxDeux, Swiss Miss)
  9. Dede Sutton (founder of Clutch Magazine)
  10. Suzanne Xie (founder of Weardrobe, sold it, founder of Hullabalu)

Ex-Twitter Product Lead Mitali Pattnaik Joins Foundation Capital EIR

2 Oct

Mitali Pattnaik

Foundation Capital announced on Tuesday that Mitali Pattnaik, a former Twitter product manager, will join as the venture firm’s newest entrepreneur in residence.

Pattnaik’s work will focus on the two areas she is most interested in: The education sector (a space that’s top of mind to Pattnaik, who came to the U.S. years ago to go to college) and what’s often referred to as the “collaborative consumption” space, made popular by companies like Airbnb, Uber and others.

via Ex-Twitter Product Lead Mitali Pattnaik Joins Foundation Capital EIR – Mike Isaac – Social – AllThingsD.

Must Be Talking To An Angel: More Investors Are Focused On Women Entrepreneurs

4 Dec

Since there is a wave of women entrepreneurs, it stands to reason that are women angel investors and venture capital executives. The Harvard Business Review has an article about angel investors. There are a few angel investor firms who are focused on women entrepreneurs, 500 StartupsGolden Seeds and Pipeline. In addition, there are individuals who have made angel investments to women-founded startup. You can look up women angel investors on Angel List. I only found a few including Marissa Mayer, Maria Thomas, Donna Wells and Christine Tsai.

According to the Kauffman Foundation, venture funds with women on their teams invest in women founders 70%of the time. In short, the more women investors at the table, the more women run companies are funded, and the pipeline of women run companies grows. The difference is that women entrepreneurs bring in 20% more revenue with 50% less money invested; therefore, investors who expand their networks to include more women founders will be more likely to reap the rewards.



High-Performance Entrepreneurs: Women in High-Tech Whitepaper

11 Oct

Illuminate has this detailed 15-page whitepaper about women in technology. The summary alone is very encouraging.

  • Efficiency, efficiency, efficiency: The high-tech companies women build are more capital-efficient than the norm. The average venture-backed company run by a woman had achieved comparable early-year revenues, using an average of one-third less committed capital.
  • Big Progress in Recent Times: More women are serving as officers of venture-backed companies with successful exits. In 1988, only 4% of the 134 firms that went public in the U.S. had women in top management positions. Of 2009’s 19 high-tech IPOs, all but two had at least one woman officer.
  • Fewer Failures: Despite often being capital-constrained, women-owned businesses are more likely to survive the transition from raw start-up to established company than the average.
  • Expanded IP Contributions: From 1985 to 2005, the annual number of U.S. female-invented fractional software patents increased 45-fold – three times the average growth rate in that sector.
  • Growing Influence in Tech: Women-owned or led firms are the fastest growing sector of new venture creation in the U.S., growing at five times the rate of all new firms between 1997 and 2006 – now representing nearly 50% of all privately held businesses.
  • Venture-level Returns: In the past 10 years more than 125 companies with over 200 women co-founders or officers have achieved IPOs or >$50M M&A exits in the U.S. high-tech sector alone.
  • Diversity Improves Performance: Organizations that are the most inclusive of women in top management achieve 35% higher ROE and 34% better total return to shareholders versus their peers – and research shows gender diversity to be particularly valuable where innovation is key.
  • Financial Bottleneck: $1M+ woman led companies are twice as likely as those led by men to gain debt versus equity capital. In 2008 woman co-founded tech businesses gained less than 10% of venture investment in the high-tech sector while representing 30% of the workforce.
  • Impact of Women Investors: Women now represent just over 15 percent of angel investors, but just 5%-7% of partner-level high-tech venture capital investors in the U.S. Firms with women investment partners are 70 percent more likely to lead an investment in a woman entrepreneur than those with only male partners.

The bottom line: More than ever before, women are influencing the face of business. They are on the cusp of becoming a leading entrepreneurial force in technology.

A Field Guide To Female Founders, Influencers and Dealmakers in NYC

13 Sep

Bookmark This. Digg this. Keep this list handy while selecting people to speak on panels at conference or when thinking who would be a good candidate for venture capital.  Sara Holoubek is the CEO and founder of Luminary Labs created this list of female dealmakers, influencers and founders in NYC.

More to add:
Brooke Moreland, Founder-
Michelle Madhok, Founder-
Jean Lauer , Founder-
Sara Chipps, Founder-

GirlDevelopIt: Coding For Women

11 Sep

Sara Chipps was featured in ReadWriteWeb about her project, GirlDevelopIt

Sara Chipps, self-styled “Girl Developer,” is a freelance coder based in the New York City area and Mashable recently named her one of 15 Developer/Hacker Women to Follow on Twitter. Chipps thinks the answer to the dearth of women in tech is to create “rockstar women programmers.” She co-founded Girl Develop IT, a series of 16 classes designed to teach women how to build their own projects with HTML/CSS, JavaScript and JQuery, and Ruby On Rails.

“We think it is important to create a place where ladies would be comfortable learning concepts, and tools, and mainly ‘how to code,'” Chipps says. “I think the first step in closing this gender gap is to get women shipping software.”