Well hasn’t there been a lot written about us crowdfunding females lately? And no surprise, because a level playing field has been created in what has historically been a very male-dominated area. Where men have traditionally held the majority of executive positions and venture capital (both in terms of those who are venture capitalists and those who are recipients of venture capital), we’re now seeing ladies take the lead in successful crowdfunding companies and campaigns.
I shan’t re-hash too much well-covered ground but here are a couple of interesting points and figures that recently came up:
- Women are 61% more likely than men to meet their financial targets on Indiegogo, and are 13% more likely to meet their goals on Kickstarter.
- On Crowdcube, females represented 25% of all investments, compared to just 3% of traditional angels.
- Julia Groves is the UK Crowdfunding Association Director and MD of Trillion Fund.
- Danae Ringelmann is one of the co-founders of Indiegogo.
- Amanda Palmer raised $1.2m on Kickstarter for her album release and tour.
- MIT research showed that men are 40% more likely to get VC funding with the same pitch as women.
- Only 14% of venture capitalists are female, and women account for less than 8% of chief executives and founders of VC-backed companies.
- Just 5 of the FTSE 100 companies have female chief execs and women occupy just 17% of board seats at Fortune 500 companies.
At Hubbub, the majority of customers that we deal with are smart female directors of university and not-for-profit organisations; and as for our own make-up… well, our executive team has a 60/40 split of men to women, and our advisory board has 4 of the smartest women in Tech and Strategy. 63% of our successful projects and campaigns have been run by females. As for myself, I’m happy to be counted as an all-round crowdfunder: a campaign creator, supporter, helper and Product Director on the Hubbub exec team.
Latest posts by Caroline @widgity (see all)
- Democratising Entrepreneurship: Women in Crowdfunding - September 12, 2014
- “YOU HIT YOUR £250K TARGET, HUBBUB, SO WHAT NOW?” - August 28, 2014
- “So if I invest in Hubbub, I get 30% back as tax relief?! For real?!” - August 28, 2014