Female Entrepreneurship and Venture Capital Investment
Posted on Saturday, June 18th, 2011 at 2:49 am.
The world has changed. Women are getting more absorbingly occupied in the world of entrepreneurship today. This is because many women tend to invest more conservatively than most men when talking about financial matters whether within the four walls of their home or in the real world outside. Furthermore, women were always seen as being domestic, pious, moral, pure, gentle, kind, graceful, and beautiful. If a woman was placed in a different situation, she would always know how to compose herself even in a toughest situation.
In the past century, women have always been present in the work force as business managers or even business owners but not quite in significant numbers. However, in the recent years, the concurrence of legal, educational, demographic, and social development have begun to move women into the prevailing direction of corporate management and entrepreneurship as well as in venture capital investing. Accomplishing their dreams way up to the corporate ladder while fighting gender discrimination is a common life thread mostly seen among some of the most successful and famous women in business. And these women we see as powerhouses in the business came from humble upbringing.
Women also run companies differently compared to men not just in the lifestyle business but in employing people. This is because women are more deeply perceptive and can better suppress negative emotions. They are more likely to display good leadership because of their higher emotional intelligence. Women and men may have similar career aspirations, advancement strategies, and barriers to success but they have differences in the types of barriers and how they balance their work or life responsibilities.
The leading women of entrepreneurship today envisioned to make a difference to the global awareness and culture of entrepreneurial women in business. Amanda Steinberg, a 33 year old female venture capital investor, was able to raise venture capital worth millions at such a very young age. She started working as a Web Programmer more than 10 years ago and she saw how many unstable startups were raising millions. She knew she would not stay forever running a software company’s satellite office, so she started to look for a big and fundable idea. She quoted, “If so many people were successfully raising money for mediocre ideas, I figured I stood a good chance with a great idea. I at least had to try”.
Monica Dodi, CoFounder and Managing Director of The Women’s Venture Capital Fund, is an international, multilingual new media entrepreneur with a proven track record in creating, launching and building highly successful global brands. She founded several highly successful companies and even negotiated numerous licensing deals with Fortune 500 companies. She co-founded MTV Europe that later became the fastest channel in the continent. She joined Walt Disney Europe, and ventured a paper product business with a Disney license which was later acquired by American Greetings. She helped Warner Bros launched television channels worldwide and was recruited by Brandon Tartikoff as CEO, to launch an AOL’s Entertainment Asylum which became the fastest growing entertainment destination on the web. Monica has worked with other several venture capital partners and she is always on the cutting edge of the new media landscape, and has been working with new ventures in virtual worlds, music technologies, and social media as an advisor and angel investor.
As women are getting more vivid in the entrepreneurship world, financial institutions are now specializing in woman financing to allow interventions in terms of small business developments and sustainability. Woman financing is an innovative creation that empowers women to develop businesses whether they have been in a business for a long time or just starting out in business. It helps women who are first time small business owners or who have owned several businesses but need to get their projects off the ground. They also offer financial programs specifically tailored for female entrepreneurs who have no business experience or business lines of credit but these women have the courage and strong skills that are necessary for business innovations.