Successful startups have more women in senior positions than unsuccessful ones, according to a new analysis by Dow Jones (NWSA) VentureSource of more than 20,000 venture-backed companies in the U.S. between 1997 and 2011. They had more than twice as many women in top jobs like C-level managers, vice presidents, and board members than their unsuccessful counterparts did.
Companies that went public, were acquired, or turned profitable were defined as “successful.” “Unsuccessful” included both failed companies and “not-yet-successful” startups still operating that may eventually go public or get acquired. At successful companies, the median share of female executives was 7.1 percent, compared with 3.1 percent at unsuccessful firms.
As I've said before, you can tell from the extremely small number of women serving on major corporate boards that despite lip service to diversity, most companies aren't really even making token efforts in this regard.
Amen, Canada! The Canadian Supreme Court, unlike the United States’ Supreme Court, understands that sectarian prayer is sectarian.
Stop Vilifying Almonds Yes, they use up a lot of water in drought-afflicted California. But the story gets a lot more complicated from there.
What Happened at Slate This Week? Chad Lorenz talks about running the home page, writing headlines, and his favorite picks from the magazine this week.
Golden Status The Warriors are the best team since Jordan’s Bulls. Why aren’t they respected as such?