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.
Uber Isn’t the Problem It’s not the company’s fault that driving a car—and coughing up steep commissions—is an attractive option for so many Americans.
It's Not Just Josh Duggar—A String of Sex-Abuse Scandals Have Recently Rocked Christian Fundamentalism
What We Like Right Now Our favorite picks for the week of May 25, curated by Slate writers and editors.
Charter Promises Its Time Warner Cable Acquisition Won’t Hurt Net Neutrality. We've Heard That Before.