Evidence that investors penalize female founders for lack of industry fit

Authors: Dana Kanze, Mark A. Conley, Tyler G. Okimoto, Damon J. Phillips, Jennifer Merluzzi

Published: 2020-11-26

DOI: 10.1126/sciadv.abd7664

Source: Full article

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Abstract

Female-led ventures are penalized in funding and valuation when catering to male-dominated industries due to a “lack of fit.”