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.
Postpone Christmas We should celebrate Jesus’ birth in early February, not the end of December.
Women’s Work The jobs recovery was supposed to be great for women. It hasn’t exactly worked out that way.
Slate’s Working Podcast: Episode 17 Transcript Read what David Plotz asked a middle school principal about his workday.
Squash vs. Baseball! Wrestling vs. Golf! Good riddance to the days when sports had to fight each other for Olympic survival.