Important commentary from Edward van der Hout using Dropbox DocSend data. It is hard to extract this data from conversations (despite hearing it from multiple sources), so I am impressed by this innovative approach monitoring how investors look at pitch decks. As a refresher on the problem - it has been found that female founders spend more time addressing questions justifying risk and cost, and are asked less about upside and opportunity. It is assumed that this leads to a higher reluctance to invest. How to tackle this? Awareness first. We all have biases and we need to monitor them. Knowing that women are offered less time to present their vision and the opportunity, carve out some dedicated time for that. As with job interviews, the more structure we introduce to these Q&As, the more objective we can be. 💪 Thanks for sharing Ed!
Sometimes the data is complicated, and sometimes it isn’t. Investors spent 66% more time on all-female team sections compared to all-male team slides in 2023, to give them 43% less money. Meanwhile the slide with fundraising goals—the dream, the goal, and what they'd actually do with said money—is the slide with the largest discrepancy the other way. (Source - Docsend’s Funding Divide report which came out last week)
Aurian Durbuis good reference for the future
Associate @ Rubio Impact Ventures | Energy, Circularity, and Climate
3moThanks for sharing Vicky! For those interested, the full report can be found here: https://dropboxdocsend.docsend.com/view/ra7wv3xviqggt9a6