Breaking up the boys' club of Silicon Valley is Pam Kostka's new job as CEO of All Raise.
.) But with Kostka in charge, the group is now positioned to expand in a more sustainable way. “There’s no taking our foot off the gas pedal. The industry forces today probably resist what we’re doing, but let’s keep all our efforts and forces to make sure we’re moving forward,” Kostka says in her first interview in the role.
As a result, 71% of U.S. firms still do not have a female investment partner today, All Raise says. And of those that do, 75% have just one, leaving women to potentially feel isolated in what is seen traditionally as a boy’s club. While All Raise’s founding members insist there has been real progress in the year since launch, they caution that they operate in a very entrenched industry with a long way to go to change.
“The work All Raise is doing to increase women’s representation in venture capital is both visionary—and common sense. All Raise has an actionable plan to get more money in the hands of female founders and more power in the hands of female funders. This is the lift we need to scale the walls of the old boys’ club,” Gates said in a statement.
Their findings will go to Kostka, who says she’s prepared for more challenges. “There’s going to be setbacks for sure,” she says. “We’re going to gain ground and we’re going to lose ground.”
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Vogue publisher Conde Nast hires former Pandora CEO Roger Lynch as global CEOConde Nast, the publisher of Vogue, Vanity Fair and the New Yorker, has hired the former chief executive of Pandora as its first global CEO, the company said...
Read more »
With Appointment Of First-Ever CEO, Women In VC Group All Raise Moves Needle Slowly ForwardBreaking up the boys' club of Silicon Valley is Pam Kostka's new job as CEO of All Raise by bizcarson
Read more »
Wells Fargo CEO is a B-lister’s job of a lifetimeWhoever replaces Tim Sloan atop the $222 bln U.S. lender needs three qualities: banking experience, an ability to deflect political brickbats and patience for financial rewards. Those chasing status needn’t apply – which rules out most of Wall Street’s leaders-in-waiting.
Read more »
SWEAT CEO: These are the 3 fundamentals of successTobi Pearce, CEO and founder of the successful fitness app, SWEAT, shares his 3 fundamentals of success that led him and fiancé Kayla Itsines to building a fitness empire.
Read more »
How Wells Fargo's regulators and employees drove out its CEOThe day after former Wells Fargo & Co Chief Executive Tim Sloan told U.S. lawmak...
Read more »
Twitter paid CEO Jack Dorsey $1.40 in 2018 — a nod to its old 140-character limitBillionaire Jack Dorsey may be the lowest-paid tech executive in the country: He received a symbolic $1.40 salary in 2018, a raise from his previous salary of $0 in years before.
Read more »
Korean Air chairman Cho dies weeks after ouster from boardKorean Air patriarch, chairman and CEO Cho Yang-ho died of a chronic illness on ...
Read more »
Nissan shareholders sever last ties with ousted GhosnNissan considering claiming damages against ousted boss Carlos Ghosn over alleged financial misconduct, CEO says
Read more »
Scandal-hit Korean Air CEO dies at 70, shares soarCho Yang-ho, 70, was on trial for corruption and his death comes less than two weeks after he was forced off the board by shareholders amid snowballing scandals surrounding his family members.
Read more »
Exclusive: Grab targets another $2 billion funding this year: CEOGrab expects to raise another $2 billion from strategic investors this year, the...
Read more »