Female Founders Drive Strong Growth In Startups

While research indicates that male founders outnumber female founders, many people may find it surprising that when looking at startup companies, “the fastest growing companies at 200%+ growth, are 75% more likely to have a female founder.” This is according to key findings from the 2017 Annual Start-up Report from TINY pulse, an employee research firm. As well, the research found that startup companies with female founders “almost universally outperformed their male-only counterparts” with respect to growth.

Diversity is necessary for innovation notes Katherine W. Phillips in an article posted on Scientific American. “Diversity can improve the bottom line of companies and lead to unfettered discoveries and breakthrough innovations.”