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    Posted February 24, 2014 by
    District of Columbia
    This iReport is part of an assignment:
    Sound off

    Build a world where I can afford to fund women-owned startups


    CNN PRODUCER NOTE     womenwhotech says that while 40% of all privately held firms in the US are owned by women, more than 90% of startup money goes to men-led businesses. “[I decided to run the organisation] Women Who Tech because I was tired of seeing so many talented women in tech and who run startups overlooked,” said Allyson. Besides supporting female entrepreneurs, Women Who Tech promote more diversity in tech and startup conferences’ panels and keynotes, traditionally dominated by men.
    - marcelacnn, CNN iReport producer

    In the U.S only 4.2% of women entrepreneurs receive venture capital funding. The rest of the funding goes to startups led by men, yet women-owned firms account for 40% of all privately held firms in the US, according to the National Association of Women Business Owners. In the near future, women will control 2/3 of the wealth in the US, according to Andrea Learned, co-author of Don’t Think Pink.



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