Resources we love, for our entrepreneurs!
True Wealth Ventures stands behind powerful women entrepreneurs. We’ve compiled a list of our favorite resources we recommend for all the #FemaleFounders.
Why women make better entrepreneurs
Women-Led Businesses Outperform
Women-led businesses achieve 35% higher return on investment, and, when venture-backed, bring in 12% higher revenue than male-owned tech companies. Other research shows similar results for venture-backed organizations that are the most inclusive of women in top management to the tune of 34% higher total return to shareholders, but also finds that these women-run companies achieved comparable early-year revenues, using an average of one-third less committed capital.
Why Do Women Outperform in Business
Research from Carnegie Mellon and MIT business schools published in Science magazine found that “teams with more women outperformed teams with more men. It was not diversity that mattered for a team’s intelligence, but simply having more women.” This had primarily to do with women having a higher social sensitivity, meaning they can “read the mind in the eyes,” as well as creating a more equal distribution of conversational turn-taking so everyone on the team shared their ideas.
Women as a Source of Untapped Capital
Women don’t just control the purse; they are filling it. Having women understand this is empowering in itself. For perhaps the first time ever, we are seeing the majority of both the market purchasing power and the nation’s investment dollars in the hands of women. And research tells us that, from an investment perspective, it makes a lot of sense to invest those dollars in companies with a larger percentage of women in leadership as it leads to higher returns and capital-efficiency.
What we want to see in a pitch deck
How to Craft a Killer Pitch Investor Can’t Resist
There’s no one right way to pitch, but this article will help you identify a few wrong ways.
General topics to make you smarter on starting a VC-backable startup
How to Start at Startup
This wonderful 20 video lecture series was originally given at Standford in 2014. The series features advice from Y-combinator president, Founder of AirBnb, COO of Zappos, venture capitalists, and many more!
What ideas are venture backable? What most VCs look for
Is your startup VC-Backable?
After discovering his MBA students at UC Berkley couldn’t identify a truly VC-backable startup, Bob Ackerman Founder and Managing Director of Allegis Capital, describes which startups are VC-ready.