Why women only receive 1.7% of The Venture Funding?
Manage episode 370776269 series 3432832
"Our culture is not good for women particularly in the United States", Julie Castro Abrams, Co-founder and CEO of Limitless Bridge Capital
👉🏻 Julie has ran an organization empowering women through microfinance and microenterprise for 11 years. She discovered the diverse needs and untapped potential of individuals within the system.
👉🏻 She has witnessed the transformation of women in executive roles, no longer needing to conform to masculine norms and she therefore advocated for more women in leadership positions and evolved structures.
👉🏻 At 25, Julie was hired as the CEO of the music community for low income children.
👉🏻 Being a General Partner at How Women Invest and a CEO at How Women Lead, Julie has witnessed that only 2% of companies founded by women get venture backing, though 40% of companies were founded by women, and they generate 26% greater return than those founded by men.
👉🏻 Julie now manages a venture fund supporting women entrepreneurs, with over $25,000 invested over 4 years. Passionately, she creates connections and cultivates a community for women in top executive positions.
👉🏻 Julie believes that women entrepreneurs are the future of venture capital funding and highlights the success and sustainability of women-led venture companies.
"People have very different needs and huge potential to impact the system."
Listen to the full conversation of our founder Radhika Bajoria with Julie Castro Abrams to learn more about the women entrepreneurs in the US.
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