Who Are You? Part 2: Gender and Education Backgrounds of Venture-Backed Internet Startups

our algorithm, we employed human tagging,” i.e. human editors examining photos for gender.

Here’s some additional breakout highlights on the demographics of the early stage Internet startup founders who raised venture capital during the first half of 2010:

—Of the biggest three states in terms of venture capital funding (California, Massachusetts, and New York), the commonwealth that Louisa May Alcott, Susan B. Anthony, and Elena Kagan have all called home shows the highest proportion of female founders (27 percent). Massachusetts also sees the most all-female founding teams (31 percent), although it’s noteworthy that mixed gender teams in California and Massachusetts raised a higher median level of venture funding ($4.2M and $3.3M, respectively) than all-women founders. In New York, however, all-female founding teams raised median funding of $4.5 million, more than New York’s combined total for mixed teams or all-male founders.

Gender and median funding
Gender and median funding

—Of the venture founders surveyed, nearly half, as I mentioned earlier, came from one of five states. Some 15 percent attended undergraduate school in New York. The other top U.S. locations for undergraduate education were

Pages: Page 1, Page 2, Page 3, Page 4

Author: Bruce V. Bigelow

In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University. Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.