Venture capital has a severe gender equity problem. For the uninitiated, venture capital funds invest money into startups. These investments are risky, because if the company is a flop, they lose big. If the company, like Glossier, for example, succeeds, so to do investors.
A huge investment gap is crushing female-run startups. Venture capitalists - investors with a lot of money who use it to fund startups - are investing way less in women-led startups than those led by men. Fortune reported in March that women-led companies made up just 4.9% of the startups that received investments from venture capitalists.