A new wave of female entrepreneurs is moving into position to break down the historic gender imbalance in high-tech entrepreneurship, The Silicon Valley Mercury News wrote.
Carol Realini, chief executive of Obopay, a mobile payment company, said that things are getting better for women — even compared with just 10 years ago.
Ms. Realini said she no longer hears that women can’t be chief executives or that they can’t raise money, though raising venture capital is apparently still tougher for women than men.
In 2010, one of the challenges of being a female chief, said Ms. Realini, is that “you’ve got to get in the game. So, you have to be willing to try…and it’s intimidating, especially if you’ve never done it before.”
Further, added the Web site, a recent paper by venture capitalist Cindy Padnos shows that women are increasingly positioning themselves in the same way men have historically.
In the paper, Ms. Padnos argues that many more women are starting companies, taking them public and providing investors with bigger returns on smaller investments.
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8/09/2010
Female Entrepreneurs on the Rise - DealBook Blog
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