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6 min read

Why do we need more diversity in venture capital?

By Linh Pham on 10 December 2021

Recent studies such as the Female Founders Report and German Startup Monitor clearly showed that the startup landscape is mainly white and male. Only 18 % of founders in Germany are women. Just five percent of these female startup founders received more than one million euros in funding, compared to 30 percent of men. Unfortunately, a lot of VC firms seem to be run with a "boys club" mentality, resulting in unconscious biases and systemic inequalities. As part of the 12th edition of the HHL SpinLab Investors Day, Bettine Schmitz (Auxxo), Dagmar Bottenbruch (Segenia), Petra Sokolová (Inven Capital) and Duc Quyen Tran (Dieter von Holtzbrinck Ventures) came together to discuss why more diversity in venture capital is needed. Dr. Tanja Emmerling (Hightech Gründerfonds) presented in her keynote: “Diversity -so what?!” Essentials for your Diversity Playbook: how diversity can be implemented in venture capital

Topics: Learnings Diversity
9 min read

Debunking 4 myths on gender diversity in the startup world

By Marina Chkolnikov on 19 October 2021

It is surely no news to you that the startup environment in Germany and beyond is very homogeneous. Let the numbers speak: 16 % of founders in Germany are women and roughly 75 % of VC money goes to male-only startup teams. Many companies, advisory boards, political parties have picked up these facts and want to contribute to change, for example by offering startup accelerator programs for (gender) diverse startup teams (Grow F, SpinLab Summer School), VCs that especially support female or mixed teams, quotas or scholarships. It has even become a trend in many industries.

Topics: Startup Tips Learnings Diversity
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