Media Coverage of Women in Tech – #choosepossibility

Media Coverage of Women in Tech – #choosepossibility

Diversity/Equality Founders/Startups

Last month, I participated on a panel at The Milken Institute Global Summit (watch it here) where the moderator asked if the recent attention on the low numbers of women in technology and investing was a good or bad thing.  Both Melody McClosky, founder of StyleSeat, and I agreed that, although the spotlight is mostly a good thing, we would both like to see less articles bemoaning the stats/struggles and more articles highlighting people/organizations making impactful changes towards creating more diversity. In addition, we would like to see more articles featuring the women leaders of today. There is nothing more impactful than young women seeing female leaders on the covers of magazines so they think “I can do that / I want to do that!”

I gave the example of Lynda.com, which was a “unicorn” level exit of a Southern California company founded by a woman (appropriately named Lynda;).  Her story is a terrific one.  A woman who taught herself computer skills and became very adept at web design.  The earliest version of Lynda.com focused on teaching design classes and then grew into a site offering hundreds of web, creative and business courses online – in multiple languages.  Lynda.com was really at the forefront of EdTech before we were even calling it EdTech.  But I didn’t see much press about Lynda upon the $1.5B purchase of her company by LinkedIn.  And I certainly didn’t see her on any magazine covers. I can’t help but think Lynda had two strikes against her: 1) she is a woman and 2) she is in her sixties.  The poster child for the tech scene is a white millenial male in a hoodie (a la Mark Zuckerberg), and Lynda didn’t fit the bill.  Seeing is believing and one cannot underscore the impact that stories like Lynda’s can have on our young women. IMHO the media should make a concerted effort to feature the stories of founders and investors that represent diversity of all kinds.

I am hoping that with the numerous articles over the past 12 months highlighting the stats we all know too well – just 2.9% of startup CEOs are women, just 6% (and by some accounts 4%) of partners at VCs are women – we are now moving into a period where more articles are discussing actual ideas and tactics for entrepreneurs, investors and companies to help improve diversity in the technology/startup ecosystem.

I have come across three such articles in just the last week.

1)  Kudos to Sukhinder Singh Cassidy, founder of Joyus, for posting a letter on ReCode which includes survey results from 200+ top female founders. It also provides a great list of ideas for increasing the rate of progress for women in tech entrepreneurship, stating “some ideas will succeed, others will fail, but we know that iteration matters in building momentum behind any large vision.” Her letter was signed by many top women in the tech ecosystem.  A big thank you to all of them!

Her list of excellent action items is below.  Be sure to check out the full article here.

*Entrepreneurs seeking to enhance their startup’s performance can choose today to add their first qualified female board member or investor. Diverse thinking can benefit private tech boards potentially even more than public ones, and there is no reason to wait.

*Startups seeking to attract women could choose today to create best practices in the areas of family planning and leave policies early and proactively. We can make this as easily understood as cap tables and free lunch programs among first-time founders.

*Venture capitalists (and their LPs) looking to understand their own biases and also their progress could choose today to track female versus male stats (pitched to funded) in their deal pipeline, and even publish it proactively.

*Venture capitalists seeking to attract the best entrepreneurs could choose today to be explicit in their term sheets on their own zero-tolerance policies for sexual harassment and other discrimination, as well as demanding the same of their portfolio companies. This is a simple signal, and it goes a long way to both genders of top-tier entrepreneurs.

*Investors and board members looking to grow the best companies can choose today to vigilantly treat female founders and CEOs with the same level of candor, directness, expectation and measurement that they would any other CEO or founder, rather than operating from a latent fear of “female emotion.”

*Women who are starting or working in a tech company can choose today to oversell their vision rather than underselling themselves, as they are competing for resources and mindshare with people who pitch big ideas.

2) Two amazing tech reporters at The LA Times (both women) then did a follow up story about the above letter (read here).  The below echoes my thoughts precisely.

“There are lots of women rising and succeeding in technology,” said Ruzwana Bashir, CEO of Peek, who co-signed the letter. “Instead of saying the challenges they face are insurmountable, why not focus on the women who have succeeded and understand what they did so we can have more people succeed?”

3) And this piece on Pandodaily is the type of story I really love to see.  It features a badass woman I had never heard of – CyPhy Works CEO Helen Greiner – along with the title “First Lady of Robots.”  I want every young woman out there to learn about this woman!

“I saw Star Wars when I was eleven and I wanted to build robots ever since. So I really went to MIT to learn robots, and I learned a lot of great things there. But it turned out, at the time, they really didn’t know how to build robots so I had to start a company to do that.”

I truly hope that these recent articles are an indication that we have turned the corner from focusing on the negative (like the article titled “How Companies Crush Womens’ Ambitions” in NYMag.com) to highlighting the positive and the possible. Discussions about proactive ways to improve diversity and articles/covers featuring the successes of not just women, but anyone who does not look like the poster child of tech, are the way to truly impact change.  I am optimistic we are moving in that direction:) #changetheratio #choosepossibility #choosepositivity

The Year of the Woman at Milken Institutes Global Summit

The Year of the Woman at Milken Institutes Global Summit

Diversity/Equality Founders/Startups

Kudos to the Milken Institute for putting on an amazing Global Summit this year.  Yes, they do a great job every year, but this year was special.  They chose to place an emphasis on girls and women, both in their programming and in their attendance.  30% of the attendees were women this year, a significant increase from prior years.  Day 2 of the conference was particularly impactful as the lunch program (which everyone attends) was a 2 hour program that featured Patricia Arquette speaking about pay equality, Frida Pinto discussing how to help advance young women in India, and Willow Bay moderating a panel called “What Would You Do to Make the World Better for Women and Girls? A Conversation and Call to Action”.

I was honored to be on a panel alongside a handful of powerhouse women called “Women Challenging the Status Quo.”  Check out the video below:

Architects of Change – Maria Shriver, The Women’s Conference, Empowering Women/Female Entrepreneurs

Diversity/Equality Personal Development

I have long been a fan of Maria Shriver.  She is a strong woman who uses her voice to implement change and do good. She authored one of my favorite books – “Just Who Will You Be.”  It is a small book with a big message.   In it, she offers up a very candid look into some of her own struggles with her identity and purpose in life.   She then shares a poem that she read at her godson’s college graduation.   The crux of the book is “It is not what you do in your life that matters, it’s who you are”.   The book is ideal for high school and college kids, but really appeals to anyone looking for a life of meaning (which I hope is everybody!).   This book was my Holiday present to absolutely everyone of my family and friends a few years back.

In 2004, Shriver became First Lady of California and took over what, at the time, was a small conference called The Women’s Conference.   She has since turned into the largest one-day conference for women in the nation.   As such, TWC attracts high-profile speakers – world opinion leaders, entrepreneurs, visionaries, tastemakers, spiritual figures, authors, journalists, artists, and, yes, THE OPRAH WINFREY.   It is an event in which women from all walks of life to share perspectives, find common ground, and undergo transformative experiences.   If you are not familiar with this conference, you must spend some time at www.womensconference.org.     This year’s speakers included  Jane FondaDeepak Chopra, Carol Bartz, and Michelle Obama, among a long list of others. You can check out the First Lady’s emotional speech here:  http://www.womensconference.org/michelle-obama/.

 

One of my favorite aspects of TWC is its emphasis on entrepreneurship and women in business.  I believe it is very important for successful women to share their knowledge and experiences with other women through networking and support groups.  I am also a strong proponent of investing time, through volunteer work and mentoring, to teach young women entrepreneurship, as it empowers them to achieve their dreams and take control of their destinies. Check out Ladies Who Launch and SMARTYpeople for the former and Girls Leadership Institute, Girls, Inc., and Girls CEO for the latter.   The following  is a Women’s Conference compilation of “How I did it” stories from successful female entrepreneurs – http://www.womensconference.org/how-i-did-it .  Make sure to read the amazing story of the first female space explorer ANOUSHEH ANSARI, Co-founder of Prodea Systems.   Some of the tips that most resonate with me and the advice I often give to young entrepreneurs are:

Believe in yourself and in your success
Be humble enough to seek guidance from others
Stay flexible
Pay attention to your team and their needs

The last gem I will share about Maria Shriver and her legacy of empowering women is her 10 Ways Women Can Be an Architect of Change.  I am sharing it with every woman I know and I hope you do the same.  My favorite Ghandi quote is  “each of us must be the change we want to see.”   Read this list, get inspired, become empowered, take action, and impact change.

1. Find your own unique voice and listen to what it’s saying.

2. Empower a young woman. Become a mentor by connecting with a young woman in your workplace, neighborhood or place of worship. Find small ways to reach out, listen and support her.

3. Act locally to make a difference globally. Make informed choices about what you buy and consume, as well as how you dispose of items. Reduce your carbon footprint, use energy and water responsibly and green your life.

4. Advocate for a cause that you care deeply about. Your time and expertise could help make a difference as a volunteer, counselor or board member.

5. Invest in women entrepreneurs. Join Team Maria in the WE Invest/Kiva partnership to give women the tools to start or expand their own businesses. For as little as $25, you can “Become a lender. Change a life.”

6. Speak up & ask for what you need. If you need to take time off of your job to care for a child or parent, ask for it. Families need more flexible work schedules, better child care policies and changes in family and medical leave. We need to use our voices collectively to improve workplace policies.

7. Engage your children in the world. As a mother, get your children involved at a young age in seeing the world through the eyes of others, respecting diversity, developing empathy and understanding the gift of giving back.

8. Donate to nonprofits that help women. Instead of purchasing a birthday, anniversary or holiday gift for family, friends and colleagues, make a donation in someone’s name to a nonprofit that works on improving the lives of women and girls.

9. Be an informed citizen. Educate yourself about the world you live in, share your knowledge, educate others and ignite a conversation.

10. Invite 10 of your friends to join The Women’s Conference online community at WWW.WOMENSCONFERENCE.ORG — The Home for Architects of Change.