Last week, a few of us from ATX Women in Web3 had the privilege of attending a special film screening of "Show HER the Money" at the Alamo Drafthouse, followed by an enlightening panel discussion featuring some remarkable women in the investment world. ✨
The film, "Show HER the Money," sheds light on the stark reality that women receive less than 2% of venture capital funding, despite owning over 40% of businesses. This disparity is not just a statistic; it's a systemic issue that holds back innovation and progress. The documentary follows the journeys of four visionary female entrepreneurs who are challenging the status quo and striving to turn their ideas into billion-dollar businesses. From gender-neutral apparel to empowering beauty products and reinventing the wine industry, these women are breaking barriers and reshaping industries. 💼🚀
The panel discussion that followed was equally inspiring, featuring powerhouse investors who are championing diversity and backing female founders. With insights from producer Catherine Gray of She Angel Investors, Azin Radsan van Alebeek of Emmeline Ventures, Kelly Ann Winget from Alternative Wealth Partners, and Laurie Cercone from Central Texas Angel Network, the conversation delved into the importance of funding women-led ventures and the untapped potential within this space. Veleska Pederson Hintz from Perkins Coie expertly moderated the discussion. 🗣️💡
Key takeaways from the event include:
✨ Women-owned businesses often exhibit better resource management than their male counterparts.
✨ Numerous funding resources specifically cater to female founders, offering support and opportunities for growth.
✨ By investing in women, we're not just supporting individual entrepreneurs; we're investing in a more equitable and prosperous future for all.
If you are a female entrepreneur looking to launch and fund your new business, here are some great resources shared from the team that may be of interest to you!
Astia Angels (California)
Golden Seeds (New York)
Women’s Capital Connection (Kansas City)
Stella (San Diego)
The JumpFund (Tennessee)
As we continue to navigate the landscape of emerging technologies and disruptive innovations, events like these serve as a reminder of the importance of amplifying women's voices and supporting their entrepreneurial endeavors. Let's join forces to #ShowHERtheMoney and pave the way for a more inclusive and prosperous future! 💪💵 #WomenInTech #VentureCapital #DiversityAndInclusion