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Wednesday Google hosted a special edition of their annual "Demo Day" event featuring 11 early-stage startup companies founded by women from eight different countries. More than 450 women from 40 different counties applied for a spot, and the winner of the competition was Bridgit, a fast-growing Canadian company which provides a mobile communications platform for construction teams. Online voters also awarded the "Game Changer" title to KiChing, a startup that's actively addressing Mexico's unique e-commerce challenges. But all of the startups at Wednesday's event were already actively raising series-A funding, and "We aim to help connect them to mentors, access to capital, and shine a spotlight on their efforts," said Mary Grove, the director of Google for Entrepreneurs, addressing the Demo Day audience in San Francisco.
(Score: 0) by Anonymous Coward on Monday December 14 2015, @07:48PM
From TFA:
All of the startups at Wednesday’s event were already actively raising series-A funding, and collectively had already raised more than $10 million in capital from 40 different investors. But the Director of Google for Entrepreneurs pointed out at female founders received only 3 percent of venture capital from 2011 to 2013. “That is to say, during those two years, they received only 1.5 billion of the 50.8 billion dollars of Venture Capital funding deployed.
“So we’d like to change that.”
(Score: 0) by Anonymous Coward on Monday December 14 2015, @08:00PM
And what is that percentage adjusted for amount of applications?
(Score: 0) by Anonymous Coward on Monday December 14 2015, @08:09PM
The adjusted number would be 3 percent you dumbass.
(Score: 0) by Anonymous Coward on Monday December 14 2015, @08:13PM
What he meant to say was, "What is the number if you adjust away all of the unstated advantages the system inherently awards men." Take away all of those and women are actually getting 100 percent! It is sooo unfair.
(Score: 0) by Anonymous Coward on Monday December 14 2015, @08:41PM
What he meant to say was
He?
the system
Yeah, fight 'the system'!
But let's not ever state what it might be or otherwise we'll be exposed as fraudsters.
(Score: 0) by Anonymous Coward on Monday December 14 2015, @08:43PM
"Let's use crooked numbers to 'prove' my narrative! People are dumb, that'll work. Oh shit, they're catching on! Quick, insult them!"
(Score: 0) by Anonymous Coward on Monday December 14 2015, @08:37PM
>the number of applications by women is lower
>somehow that would make the percentage lower as well
Hurr durr, I'm a fucking retard.
t. you
(Score: 2) by tangomargarine on Monday December 14 2015, @11:01PM
If only 3 percent of the applications for funding were submitted by women entrepreneurs, then getting 3 percent overall would be fantastic because that means 100% of them were approved.
Probably not the case, though.
"Is that really true?" "I just spent the last hour telling you to think for yourself! Didn't you hear anything I said?"
(Score: 2) by Runaway1956 on Monday December 14 2015, @08:21PM
I'm reminded of a line from Mal, in Firefly. "I'd like a pony" or something close to that.
(Score: 3, Informative) by tangomargarine on Monday December 14 2015, @10:59PM
"Yes, I'd like to be king of all Londinium and wear a shiny hat."
"Is that really true?" "I just spent the last hour telling you to think for yourself! Didn't you hear anything I said?"