Opinion

February 8, 2022

Female founders need money, not more mentoring

It's not that female founders aren't up to scratch on pitching, but that the VC industry is structurally biased


Tessa Clarke

4 min read

Tessa Clarke, CEO of Olio

This week it was announced that 43 of the good and the great from the VC world — with a collective £900bn in assets under management — are launching a new mentoring programme to tackle the persistent underinvestment in female founders. An initiative to be applauded given that at last count female founders secured just 1.1% of all VC investment in Europe. With the odds so staunchly stacked against us, we absolutely do need all the support we can get to help us figure out how to play the game and win. 

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Tessa Clarke

Tessa Clarke is cofounder and CEO of OLIO

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