Today, More Women Than Ever Are Starting Their Businesses
It has been a positive trend in the lower middle market for quite some time now, but women have taken over the startup world with brilliant ideas. The performance of startups founded and co-founded by women has consistently outperformed those founded and co-founded by men, yet women seem discouraged from doing so for some time now. The US doesn't do much better, with just 5% of technology leadership positions held by women. Due to some trailblazing women who are rewriting the assumptions about who can run a small business, what was once viewed as a boys' club is becoming more inclusive. The number of women-owned businesses in the tech industry is surging ahead of male-owned companies by a wide margin. It has been reported that women-owned or co-owned firms generate 10% more cumulative revenue over long periods, often by more than six figures. The revenue generated by female-founded startups is 78 cents for every dollar of funding, while the revenue generated by male-founded st