femtechglobal at holland fintech october meetup amsterdam
TRANSCRIPT
WOMEN IN BUSINESS IS AREVENUE DRIVERH O L L A N D F I N T E C H & F E M T E C H
1 4 O C T O B E R 2 0 1 6R A B O B A N K
BY THE NUMBERS
W H I L E 8 0 % O F H O U S E H O L D S P E N D I N G &F I N A N C I A L D E C I S I O N S A R E M A D E B YW O M E N , O N L Y 7 % O F F I N T E C HO R G A N I S A T I O N S E M P L O Y F E M A L EE X E C U T I V E S
C O M P A N I E S W I T H W O M E N I N E X E C U T I V EC O M M I T T E E S P E R F O R M B E T T E RT H A N C O M P A N I E S W I T H N O W O M E N A TT H E T O P , B Y 4 7 % R . O . E
Source: World Economic Forum, Global Gender Gap Report, 2015
NUMBERS
B Y 2 0 1 7 , W O M E N ' S P R O J E C T E D G L O B A LI N C O M E W I L L G R O W U S D $ 5 T R I L L I O N T ON E A R L Y U D S $ 1 6 T R I L L I O N - A L M O S T T W I C ET H E G R O W T H I N G D P F R O M C H I N A & I N D I AC O M B I N E D
B Y 2 0 2 8 , W O M E N W I L L C O N T R O L N E A R L Y7 5 % O F D I S C R E T I O N A R Y S P E N D I N GW O R L D W I D E
Source: Boston Consulting Group
IMBALANCE
A S O F 2 0 1 5 , I N T H E T O P 2 0F I N T E C H C O M P A N I E S , 0 % H A V EW O M E N C E O S & W O M E N M A K E
U P O N L Y 7 . 9 % O F K E YE X E C U T I V E S
Financial News:http://bit.ly/1EpqcpL
C O M P A N I E S W I T H H I G H G E N D E RD I V E R S I T Y I N L E A D E R S H I P H A V EA 1 5 % I N C R E A S E I N F I N A N C I A LR E T U R N S A B O V E T H E I N D U S T R YM E D I A N
B U T N O T U N L E S S W O M E NC O N S T I T U T E A T L E A S T 2 2 % O FT H E S E N I O R E X E C U T I V E T E A M
World Economic Forum, Global Gender Gap Report, 2015
W O M E N C O N S T I T U T E O N L Y 6 %O F E X E C U T I V E M A N A G E M E N T
I N H O L L A N D
T H E N E T H E R L A N D S A L S O H A DT H E L O W E S T % O F W O M E N I N
H I G H - T E C H K N O W L E D G EI N T E N S I V E S E R V I C E S I N
E U R O P E : 2 2 . 6 %
CBS, 2015 Report http://econ.st/1JEMdEcEurostat, http://bit.ly/2dum7ud
A 2014 CREDIT SUISSE STUDY ON THE IMPACT OFWOMEN IN SENIOR LEADERSHIP ROLES
SHOWED THAT WHEN WOMEN WERE 10% OF THE EXECUTIVE TEAM
R.O.E. WAS 27% HIGHER, & DIVIDENDS WERE 42% HIGHER
THAN IN COMPANIES WHERE WOMEN WEREONLY 5% OF OF THE EXEC TEAM
Credit Suisse Research Institute: http://bit.ly/2aEMoDL
T H E P R O P O R T I O N O FW O M E N P A R T N E R S I N
U . S . V C F I R M S W A SS M A L L I N 1 9 9 9 : 1 0 %
I T W A S E V E N S M A L L E RI N 2 0 1 4 : 6 %
Bapson College Report:http://bit.ly/1tql4kP
VC FUNDING & WOMEN
G L O B A L L Y W O M E N M A K E U PO N L Y 1 0 - 1 5 % O F A N G E LI N V E S T O R S & V E N T U R E
C A P I T A L I S T S
O N L Y 7 % O F I N V E S T O RF U N D I N G G O E S T O W O M E N -
V E N T U R E S . O N L Y 0 . 2 % O FV E N T U R E D E A L S G O T O B L A C K
W O M E N F O U N D E R S Kauffman Foundation, (via HBR.org) & http://www.womenwhotech.com/startup
infographic
W O M E N E N T R E P R E N E U R S
R E C E I V E 5 0 % L E S S V C
F U N D I N G , B U T A R E A B L E
T O G E N E R A T E 2 0 % M O R E
R E V E N U E T H A N T H E I R
M A L E C O U N T E R P A R T S
Kauffman Foundation (via HBR.org)
T E C H C O M P A N I E S
W I T H A W O M A N
F O U N D E R P E R F O R M E D
6 3 % B E T T E R T H A N
T H O S E W I T H A N A L L
M A L E F O U N D I N G
T E A M
First Round Capital Reporthttp://10years.firstround.com
C O M P A N I E S W I T H T H E H I G H E S T
B O A R D D I V E R S I T Y H A V E 5 3 %
H I G H E R R E T U R N S O N E Q U I T Y T H A N
T H O S E W I T H T H E L O W E S T D I V E R S I T Y
. . . A N D T H E I R E B I T A I S 1 4 % H I G H E R
Diversity Paradox, B Team Report http://bit.ly/2bvSMiH
C O M P A N I E S W I T H T H E H I G H E S TL E V E L S O F R A C I A L & G E N D E R
D I V E R S I T Y H A V E N E A R L Y 1 5T I M E S M O R E S A L E S
R E V E N U E T H A N T H O S E W I T H T H EL O W E S T L E V E L S O F D I V E R S I T Y
F O R E V E R Y % I N C R E A S E I ND I V E R S I T Y , T H E R E I S U P T O A 9 %
I N C R E A S E I N S A L E S R E V E N U E
Does Diversity Pay? Race, Gender, and the Business Case forDiversity. American Sociological Review, April 2009