Yesterday I blogged about two talented young ladies who, with the help of mom, have started a company that’s really taken off. Today comes this USA Today story about venture capital required to start a business, with a focus on why women with talent and cash aren’t putting their resources to work.
“Women have over 51% of the wealth in the U.S., but we do less than 10% of early stage investing,” Flanagan said. “We have women with talent and money sitting on the sideline.
“If we could get some of that money invested, we’d change the game,” she said. “We could break the cycle of lack of access to capital for women entrepreneurs.”
Imagine how much more prosperous our country would be if women, in particular, clearly understood the impact they can have by helping others — not just women – start new companies. Getting involved in philanthropic efforts is great, but so is providing the fuel for others to succeed in the marketplace.
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