Nowadays women do not have to fight for their rights, but it is quite obvious that men are still occupying most of the chief positions in politics and business. For no actual reason, men usually get more trust and external support. That is why Katherine Hague, the vice president of Community Engagement and Hackathons for PCH, with a group of other successful women, decided to encourage the development of female angel investing by launching Female Funders.
According to Forbes statistics, only 20% of all angel investors are women. Female Funders is a website where women can find all the necessary information about angel investments and finally become one of those investors. This project is a kind mutual support: women will help other women in charge of businesses that need financial support. The thing is that often women-run enterprises have some problems with finding investors because of lacking some trust. Among all the tech startups, less than 5% of firms were headed by a woman.
Although in the beginning it seems to be impossible to become an angel investor for a woman without enough knowledge and most importantly money, Katherine Hague claims that everything will be fine. Therefore, you can start with investing on AngelList or join some investors’ syndicates with just 1000 dollars. She also recommends a small self-education course on 37 Angels and Pipeline Fellowship, communities of female investors supporting new startups and young entrepreneurs. It is also advisable to have a study some other female angel groups with good reputations.
Female Funders group remind that angel investments are very risky deals in general since there is no guarantee to get any return on your investment in a just created business idea. So before getting involved in this field, every woman should realize if she can handle the possible losses. Anyway, sometimes it is worth risking if you want to support something that you think should exist.
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