Which city is the best for female founders?
. The report is a ranking of 50 global cities, produced by Dell Technologies and IHS Markit. The research ranks cities on 71 indicators in five categories: access to capital, technology, talent, culture, and markets.
While Bay Area's score improved, New York's declined between 2017 to 2019. The Bay Area’s improvement is, in large part, because it is the best overall place for women to access capital. As a result of the growth in the number of role models and the public dialogue around eliminating the “bro culture,” it moved up to 2nd place in culture. The following analysis examines why the two metros are so competitive with each other.
She is also heartened by the number of women-focused funds opening offices in the Bay area. However, New York’s index for high-net-worth individuals is nearly double the Bay area’s. ,” according to an analysis in Crunchbase. “But a shift toward diversifying won’t happen without explicit intention.” “There is a lot of talk and very little action to invest in women, which is too bad as we tend to make investors a lot of money!” said Gore. “We'll have better investments, stronger companies, higher returns, and more significant market solutions when women make up 50% of venture capitalists, angels, and limited partners,” said Costello.
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