Showing posts with label Female CEO's. Show all posts
Showing posts with label Female CEO's. Show all posts

Saturday, January 11, 2014

Paul Graham is MOSTLY correct about #FemaleFounders

Adora Cheung with her co-founder brother. (SJ Merc News)
Paul Graham has addressed the issue of why more women founders aren't given a chance to thrive -- and particularly why his YCombinator accelerator program doesn't have more women graduates.  What he writes is worth reading and well thought out, except for one thing. Women can run businesses without being geeks and many startups are run by non-geeks.

But let's read what he wrote. He pulls the problem apart carefully and brings up the girl geek problem -- they're definitely are not enough women geeks.

I realize though that with female founders, efforts at our stage are not enough. We could in principle have fixed the problem for young founders by ourselves. If we funded enough young founders who went on to succeed, both investors and other would-be founders would learn from their example. But it would be naive to assume we could get the percentage of female startup founders to 50% so long as the percentage of female programmers is so much lower than 50%. Though this is less the case than it used to be, many startups still have a big technical component, and if you want to start that sort of startup your chances of succeeding are higher if you're a programmer. Adora Cheung is a programmer, for example. Software eating the world is still software.

So how would you cause there to be more female programmers? 
That's an important question which he continues to address and I say, good, yes, there need to be more female programmers. But seriously, are all start-ups run by technical CEO's? Seems to me, no one is faster than the VC's to remove a geek CEO and replace them with a person who's background is in Sales or Marketing or Finance. It's the classic story, how the poor little geeky founder gets pushed aside and the company is run by a BUSINESS PERSON.

So that said, are there really not enough women business people to run start-ups? Are there not enough female business majors at colleges or MBA programs to run 50% of all the startups founded? Obviously most VC's have already cast their ballots about having business people in CEO, CMO and CFO slots in startup companies. They make sure their business buddies are put in those places. That's what women business people are having trouble with. We see what goes on.  We know how it works.

To say we need to go back to age 12 and become better girl geeks is pointless. Yes we should all support young girls in getting tech skills now.  But women in their 20's, 30's, 40's, 50's and beyond need opportunities to use their excellent business skills to run companies. We need to be given a chance to be Entrepreneurs-in-Residence at fancy VC firms (jobs I've seen given to men with very thin experience) now.  We need to be that buddy who's put into place to run a startup when the geek founder is floundering, now. We need to be the CEO or CMO or CFO now when we might have 20 years better experience than some 25-year-old kid who was given the gig over dinner because he is the VC's son or nephew.  We need to be on actuals boards and advisory boards of startups now to get inside these positions of power where we can help decide if other qualified women are considered for jobs.

Let's get real. These jobs are very lucrative. The experience is very valuable. As they say about the lottery, you've got to be in it to win it.  And women are outside and not invited in.  And there are many ways they can participate in the tech community with the skills they have today if they were considered for VC, CEO, CMO, CFO, board seats, advisory positions, EIR gigs, just to name a few places where the ratio of men to women is laughable.

So let's have an honest debate. Getting into the tech community in a position of power and wealth, is like having a big bunch of candy and some men don't want to share the candy. But it's time to share the candy.

Monday, April 1, 2013

Bless Me Father For I Have Sinned

Yes, confession time, I need another month to finish my Kickstarter book, Founders Less Than Three and I'm officially slipping my March 31 deadline today. I hate slipping deadlines, but I have two very good reasons.
1. Sheryl Sandberg
2. Guy Kawasaki

So it goes like this.  My book Founders Less Than Three is about a brave, bold, female entrepreneur just the kind of person Sheryl Sandberg is writing about in her book  Lean In  which was released March 11, 2013. I have the chance to meet her this week and more importantly, meet all the people (women and men) inspired by her book and get a sense of what they are thinking. I need to experience all that and incorporate it in my book. I need to "lean in" to her literary launch happening this month, watch up close and publish my book AFTER experiencing it. When I set my deadline last year, I didn't realize her book was coming out so close to the date.

I am seeing her twice this week in Boston and I need to connect with the crowds of people at her events even more than with her. I see her Thursday in Brookline and Friday in Boston.

And as for Guy Kawasaki, he's a pal and I love the new book he just co-authored with Shawn Welch,   Author, Publisher, Entrepreneur -- in fact, he's nice enough to call me the "mother" of the book in the acknowledgements.  I haven't actually started using all his good advice on how to get out there and social media market the heck out of it.  If I don't follow his lead and get cranking on marketing my book using the ways he and Shawn have made so easy to understand and follow, I'm an idiot.  I've just been writing it (not promoting it) and that's not enough anymore when it comes to this new world of ebooks.  So I need this month to work on the launch of the book. (Yes, Guy, I should have been doing it all along! Mea culpa!)

Also, I plan to blog every day in April about the book, just to give you an idea about how these things work.  Keep an eye on this blog. Some of it will be thrilling and happy, some down, depressing and dark, but I know i can get this thing out there and can't wait to complete it. I keep two mantras next to my screen -- Perfect is the enemy of good -- and the one that really is kicking my ass today, Steve Job's famous -- Real Artists Ship -- ironic I know.


Wednesday, August 22, 2012

Kickstarter LIVE!

So here goes! I'm kicking off my Kickstarter project today, with a little help from my friends. It's called Founders Less Than Three and you can support it right here!

It's a novel all about entrepreneurs -- five CEO guys and five CEO girls and their teams are building new companies from scratch and racing to get funding.  Boston is the best place in the world to found a start-up and my enterprenerds come from all over the world.

It's early here in Boston and I am thinking about my characters getting up, washing their faces, getting ready for the day. It's 5:30am, so a bunch of them have been working all night at their offices at Kendall Square. It's just one of those things, you figure you'll grab the T in time to get home late and then you just keep working through the night instead.

If you haven't tried Kickstarter, this is a great time to join. You can support my project for as little as a $1.00 and there's no complicated sign-up process and all that. Have you ever bought anything from Amazon? If so, then that's all you do with Kickstarter -- it all runs through Amazon and you don't even pay for a month (and only if my project gets fully funded.) So try it out and be sure to peruse the other amazing creative projects over at Kickstarter as well.

Tuesday, July 17, 2012

Big Excellent News for Yahoo!



So glad to hear Marissa Mayer will be the new Yahoo CEO and then to hear the even better news!  She's pregnant!  Bravo for her on both counts!

We were on a panel together a long time ago and a few people didn't seem to take her seriously because she was so young.  Boy did they get it wrong!

This is a day we will all spend imagining the cool and innovative things Yahoo will do with her at the helm.  Yes, words nobody's been pairing with Yahoo recently -- cool, innovative -- but watch what happens! Photo Credit: Wikipedia