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Abstract:Katrina Lake, a Stanford graduate, founded Stitch Fix, an online personal styling service valued at $1.4 billion at its IPO.
To date, there have been some 6,940 female company founders whose businesses have received more than $1 million in funding, according to research by UK business banking app Tide. A number of these successful female founders have graduated from a cluster of top schools in the US. Here are the top 10 US universities that have graduated the most female founders who've raised over $1 million, including MIT and Stanford University. Visit Business Insider's homepage for more stories.
The state of women in the venture capital world is far from perfect.In 2019, female-founded companies only got 2.7% of VC funding, for a total of $3.54 billion, according to PitchBook. That's less than one company, WeWork, got during the same period, Fortune points out. WeWork received at least $5 billion. And yet, women are entering entrepreneurship at a high rate. From 2018 to 2019, women started an average of 1,817 new businesses per day in the US and now represent 42% of nearly 13 million businesses overall. Women of color, in particular, are leading the way. They started 89% (1,625) of the new businesses opened every day from 2018 to 2019, according to the annual State of Women-Owned Businesses Report. To date, there have been some 6,940 female company founders whose businesses have received more than $1 million in funding, according to Tide, a UK business banking app based that provides financial services for small and medium-sized enterprises. Using data from Crunchbase, a platform for finding business information, researchers sought to find out where these successful female entrepreneurs were graduating from. Not surprisingly, many that made the list are prestigious Ivy-league schools. In total, these female entrepreneurs have raised over $1 billion in funding.Here are the 10 colleges that have graduated the most female founders who've raised over $1 million.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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