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The good news is that, according to the U.S. Census Bureau, women-owned employer firms account for more than a third of all U.S. employer-owned firms and revenues at these women-owned businesses have grown almost 52% between 2012 and 2019 compared to a 34% rise in firms owned by men.
The bad news? Females are still struggling to get investment dollars. According to a recent study conducted by the research site Pitchbook, U.S. startups with all-women teams received 1.9% (or around $4.5 billion) out of around the $238.3 billion in venture capital allocated in 2022.
“None of your numbers are surprising me,” the entertainer, entrepreneur and actor Queen Latifah told me in a recent podcast interview. “If anything, they’re unfortunate.”
