January 20, 2021

Group Seeking Equality for Women in Tech Raises $11 Million

And by some measures, harassment has worsened, according to a recent survey from Women Who Tech, a nonprofit. Forty-four percent of female founders said they had been harassed. Two-thirds said they had been propositioned for sex, up 9 percent from 2017, and one-third said they had been groped, up 7 percent from 2017.

More broadly, bigger tech companies, which began publishing diversity statistics on their work forces six years ago and have poured millions of dollars into diversity efforts, are nowhere close to gender parity and have shown even less progress on hiring more Black and Latino workers. This year, the World Economic Forum concluded that it would take women 257 years to close the employment gender gap across all industries, compared with its previous estimate of 202 years.

“We are not going to take hundreds of years of stereotyping and systemic oppression and turn that around overnight,” Ms. Kostka said. “But are we making more tangible progress? Yes.”

All Raise helps peer groups, boot camps, and mentorship programs for female and nonbinary investors and founders. It also produces data reports on the start-up industry, publishes a directory of vetted speakers and runs a program for Black female founders, When Founder Met Funder. With the new money, it plans to establish chapters in more cities and offer more programs, which it said were “oversubscribed.”

Ms. Kostka said the demand for All Raise’s programs showed that the tech industry’s lack of diversity was not caused by a lack of talent or interest from women and minorities. “We don’t have a pipeline problem,” she said. “We have a talent network problem.”

Article source: https://www.nytimes.com/2020/11/30/technology/women-tech-allraise.html

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