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MelindaGates:TheVCindustry'needstocleanupitsact'

preranaK
preranaK xxCoder Leader
over 1 year San Francisco Bay Area, CA, United States Story

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  • preranaK
    preranaK xxCoder Leader
    almost 2 years ago San Francisco Bay Area, CA, United States

    @TiffanyPham When I read about this, I immediately remembered you. What has your experience been like as a female CEO in tech?

    @TiffanyPham When I read about this, I immediately remembered you. What has your experience been like as a female CEO in tech?

    • Tiffany Pham
      Tiffany Pham Founder & CEO, Mogul
      almost 2 years ago New York, NY, USA

      You are so wise, Prerana. I love your thoughts on the current atmosphere that female entrepreneurs find themselves, and the challenges we must overcome. I have been in the fortune position to have a number of investors believe in us early on, but it wasn't without an extraordinary fact: we had millions of users to start, and thus could point to direct data showcasing the need for a platform like Mogul and thus our ability to scale at once in order to service millions more users, with more capital.

      You are so wise, Prerana. I love your thoughts on the current atmosphere that female entrepreneurs find themselves, and the challenges we must overcome. I have been in the fortune position to have a number of investors believe in us early on, but it wasn't without an extraordinary fact: we had millions of users to start, and thus could point to direct data showcasing the need for a platform like Mogul and thus our ability to scale at once in order to service millions more users, with more capital.

  • preranaK
    preranaK xxCoder Leader
    almost 2 years ago San Francisco Bay Area, CA, United States

    Although this interview with Melinda Gates came out a while ago, it's incredibly powerful and draws attention to the problems that women in tech constantly face. I'm sure many were angered after comments from a former male google employee on the merits of women engineers, and rightfully so. Gates' perspective shows how gender disparity in the computer science/engineering field continues to grow and why this is happening. Another statistic she mentioned was really disturbing - the fact that only 3% of companies led by women get funding from venture capitalists. This just shows that so many women have the potential to become the next Mark Zuckerberg or Steve Jobs, but at put at a significant disadvantage simply because of their biological gender. I did a little more digging and found that not only do few women receive VC money, the amount they get is also less: around 70 million dollars to 100 million dollars for men. However, despite this great disparity, I believe women tech entrepreneurs do have hope in the form of prominent women like Melinda Gates who both vocally and financially support budding executives.

    Although this interview with Melinda Gates came out a while ago, it's incredibly powerful and draws attention to the problems that women in tech constantly face. I'm sure many were angered after comments from a former male google employee on the merits of women engineers, and rightfully so. Gates' perspective shows how gender disparity in the computer science/engineering field continues to grow and why this is happening. Another statistic she mentioned was really disturbing - the fact that only 3% of companies led by women get funding from venture capitalists. This just shows that so many women have the potential to become the next Mark Zuckerberg or Steve Jobs, but at put at a significant disadvantage simply because of their biological gender. I did a little more digging and found that not only do few women receive VC money, the amount they get is also less: around 70 million dollars to 100 million dollars for men. However, despite this great disparity, I believe women tech entrepreneurs do have hope in the form of prominent women like Melinda Gates who both vocally and financially support budding executives.


preranaK
xxCoder Leader

Prerana is a senior at Mission San Jose High School who is fascinated with computers and artificial intelligence. Currently, she is an intern at UC Berkeley's HART Lab where she works with sensors in AI research. She is co-captain of Transformerz, her all girls robotics team, and also the VP of her [...]

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