Debriefing

Response to VC CONFESSION: “I Have Doubts Once I Think Of Women Founders Having Kids…”

By Angie Chang (Co-Founder, Women 2.0)


Jessica Jackley (pictured, left) is best known as the co-founder of Kiva.org — Currently, she is starting up ProFounder.com to help you raise money for your business from your community.

Jessica has raised funding from over 30 investors for her latest startup.

One of her angel investors questions if female founders should be treated differently. He wrote a blog post titled “Putting Women First”.

Reposted with a new title on BusinessInsider as “VC CONFESSION: “I Have Doubts Once I Think Of Women Founders Having Kids And Being Distracted From Work” — this post has received tons of comments.

Below are responses to “A pregnant founder is going to fail her company”


“I’m busy running said company. I expect to be even busier with not just one but two babies (yes, to be clear, I’m expecting twins) arriving this fall. And as all entrepreneurs know, you live and die by your ability to prioritize. You must focus on the most important, mission-critical tasks each day and night, and then share, delegate, delay or skip the rest. So, while Paige’s post was intriguing and important, it wasn’t urgent – until it came to my attention that my team was somewhat bothered by it. When they saw one of our investors questioning my abilities as a leader, they were confused and frustrated. And so I am now replying on their behalf as well as mine.”


Comment by Jessica Jackley (Co-Founder & CEO, ProFounder)
– in response to Paige Craig’s blog post “Putting Women First”

“When my sister and I co-founded Magellan [first search engine in 1993] and worked all the hours that g-d gave, when we finally sold the company and Excite gave me a goodbye party, my then 11 year old son came, and when the time came for speeches, he gave one – which started out something like, as he looked around the room with his big blue eyes… “I don’t know if you all realize, if you all realize how hard my mom worked”"


Comment by Isabel Maxwell (Founder & President, Maxwell Communications)
– in response to Paige Craig’s blog post “Putting Women First”

“As someone who joined a startup at 5.5 months pregnant, worked up until 3 days before giving birth, and came back full-time 6 weeks later, I would question the assumption that your cofounder will somehow become incompetent due to childbearing. “Working smart” is the new “working long”, and nothing makes you ruthlessly prioritize like having a baby.”

Comment by Cindy Alvarez (Head of Product, KISSmetrics)
– in response to Quora: “Is it wrong to fire an (unvested) co-founder who becomes pregnant at a startup?”

“Parenting creates a laser focus that you didn’t have before. Through parenting I have learned to operate at a totally different capacity. I don’t hesitate to say what I think, because there is not time to do business any other way. Who has time to screw around? Frankly you hear so little from us because we don’t have time to linger on chat boards.”


Comment by Tereza Nemessanyi (Co-Founder & CEO, Honestly Now)
– in response to Paige Craig’s blog post “Putting Women First”

The above photo of Jessica Jackley was taken by Michael Dayah via Creative Commons Attribution 3.0.

How Women 2.0 Launched My Entrepreneurial Career

By Arielle Patrice Scott (Founder, GenJuice)

I remember it like a high school favorite song. I was 18 years old and I knew everything. I had already started my first company, failed and was ready to do it again to make Zuckerberg’s success look like peanuts. I knew nothing about tech, but I knew that’s where I had to be. So I looked up as many tech events as I could find, printed the ugliest business cards you can imagine and began networking.

At one of those many events, I met Angie Chang. Angie turned out to be one of the founders of Women 2.0. She invited me to a wine and cheese event, as long as I promised to just eat the cheese. Of course, I had to check it out! At that event, I met Shaherose Charania and Jessica Mah. Both of whom would later turn out to be pivotal in my career. Read More »

Spoondate Secures Angel Funding from 500 Startups After Completing Women 2.0 Founder Labs Program

Women 2.0 is thrilled to announce that Spoondate has secured funding from 500 Startups to embark on the next steps in their venture to shake up the world of online dating. Spoondate founders Raissa Nebie and Van Nguyen met in the Women 2.0 Founder Labs program where they came together on their passion to create a new way to meet people based on food preferences. After all, what’s more intimate than sharing a meal? Read More »

Disruptive women at TechCrunch Disrupt 2010

Disrupting Disrupt were the women — while the panel on “women in tech” created a lot of talk (also known as useless banter) and a deflating aura, the founders in the Battlefield pushed forward and we are excited to see these founders deliver strong pitches.

We look forward to their success in the coming months. Check out female founders to watch from TechCrunch Disrupt 2010.

After returning from TechCrunch Disrupt 2010, we have 5 wishes for TechCrunch Disrupt in 2011:

  • No such panel called “women in tech”
  • More than 5 female founders pitching in the Battlefield
  • At least 1 team from Women 2.0 Labs, our pre-incubator program
  • Positive news such as growth or funding from the 5 female founders that launched this year
  • Better veggie options for lunch ;)

We had the chance to catch up with some of the founders who pitched at TechCrunch Disrupt 2010. We asked about their experiences launching their company in front of one of the most capitive, active and cyncial tech audiences. The reflections they shared are encouraging!

Tara Hunt, Founder of Shwowp, said “TechCrunch Disrupt was the best thing Shwowp could have done. Number one, it made us really hone our pitch. Number two, we came together as a team under pressure – you know what they say, the difference between graphite and a diamond is pressure. Lastly, being in the show got us the exposure and made us the sorts of introductions we could have never gotten on our own. I’d highly recommend it to anyone launching their startup.”

We also had the chance to hear from Julia Hu who bravely launched a new hardware product on stage, Lark: “TechCrunch Disrupt was a spectacular event not only because of the great people, but because it forced us to completely put ourselves out there and let the broader audience judge and interpret our company. Going live for the first time (and in front of an international audience), our team was inspired to work harder than they ever had in focusing on articulating what LARK is really about, and throwing out all the secondary messages/issues/features we’d been mulling on. That focus has been transformative for our company. I’m so thankful Mike, Heather, and Erick really stuck by us and gave us so much support- we were sort of an oddball as a simple consumer product in a sea of amazing high-tech software startups.”

Sumaya Kazi from Sumazi said: “Competing and launching at TechCrunch Disrupt Battlefield was both an exhilarating and exhausting process. From the moment we found out we were selected as one of 25 of 1,000 international applicants to compete (just only about 2 weeks before competition) we were officially in launch mode. That meant we had impossible development goals to meet, insane team working meetings that lasted sometimes 12-14 hours (most of the time we weren’t done until 5am), last minute preparation for rehearsals with the TechCrunch editors & VCs giving us advice, and of course the mad dash to put together a solid pitch and presentation for competition day. It was the best experience a startup could ask for. Not only did we get an amazing outpouring of excitement from people worldwide, we also had an insane amount of traffic and signups to our site, investors knocking at our door, great press from publications like the New York Times, and of course a big launch on the world stage. The highlight of it all was when we were recognized at the awards ceremony by the Head of Investments at Omidyar Network as the ‘Startup Most Likely to Change the World.’ We were definitely one of the earlier stage startups competing but I believe we held our own and showed the world a small taste of the big things to come from Sumazi.”

A huge congratulations again to everyone who launched their companies at TechCrunch Disrupt 2010.

Debriefing 2010 Mobile World Congress (Barcelona)

The numbers: 50,000 attendees, 8 buildings, 5 days. Each year, the mobile ecosystem descends on Barcelona to establish the state of affairs and predict the future. Mobile World Congress brings a buzz to Barcelona and everyone was involved, from the taxi drivers to the nearby cafes, from the metro to the tapas bars. Read More »

Founder Institute Bay Area Open for Applications

Women 2.0 is partnering with Founder Institute to encourage more women to go through the four-month training program for both new and seasoned entrepreneurs. Next program starts December 9, 2009.

Founder Institute prepares you to lead the next generation of world-class technology companies across a wide range industries, from biotech to Internet. Weekly company-building sessions are guided by experienced CEOs, and are held in the evening to allow participants to keep their day job or develop their companies during business hours. All of the program stakeholders, from the participating founders to the experienced CEO mentors, share in the upside generated by the companies formed during the program. Participants also enjoy free services from three dozen Institute partners, fundraising opportunities at fair market value, and a teamwork-oriented environment to build a company.

Apply

Early Admission Applications due November 15, 2009.
Regular Application Deadline is December 2, 2009.

When applying, don’t forget to mention “Women 2.0″ as your referral.

Register for Women 2.0 Startup Weekend: August 28-30


Women 2.0 joins forces with Startup Weekend this August 28th – 30th, 2009! We provide the space and brain fuel — you bring the energy and innovation to build something big over the weekend. Sign up now for your spot at Startup Weekend!

Maybe you have an idea, maybe you don’t?
Maybe you started a startup before, maybe you haven’t?
Maybe you are a developer, a designer, a do-er?
Please join us for Startup Weekend August 28-30, 2009.

What is Women 2.0 Startup Weekend? Much like a bar camp, you build something exciting over the weekend. Come to Startup Weekend to find an idea that resonates with you, join a team, and build! Startup Weekend is a place to test ideas, contribute to ideas, and meet potential founders. We are bringing together the most innovative, talented, and out-of-the-box entrepreneurs in Silicon Valley. How it works: Teams form Friday night, companies develop product(s) and/or service(s) through Saturday, and company pitches are delivered on Sunday.

Read More »

July 23rd Meetup @ OSCON in San Jose


Update: Doors will open at 5:30pm instead of 6:30pm. See you at OSCON!


Women 2.0 Visits Barcelona! June 18th Startup Meetup

Join the Women 2.0 Startup Meetup on the heals of Mobile 2.0, Hit Barcelona, and 22@Barcelona. Are you going to these conferences? Tweet at Women 2.0 (@women2) if you are attending.



Women 2.0 Visits Barcelona – Startup Meetup Goes EURO!
Thursday, June 18th, 2009, 7pm – 9pm
At GranFoc in Barcelona, Spain (get directions)

This is a FREE event for women & men, aspiring & current tech entrepreneurs.

Who says we can only have Women 2.0 networking events only in Silicon Valley? We are coming to you! In a partnership with Gild International to connect entrepreneurs in Barcelona, join Women 2.0 for a Barcelona Startup Meetup and hear about the innovation happening in Silicon Valley and Barcelona. Come learn about Women 2.0, our annual Pitch Startup Competition, and more to help you launch your startup. Bring your innovative ideas and business cards to meet local and visiting entrepreneurs.

Meet such esteemed entrepreneurs as Maria Sipka from Linqia and Shaherose Charania from Women 2.0! Karen Reith, co-founder of Gild, will be joining as well.

Women 2.0 Co-Founder & CEO Shaherose Charania is speaking at the 22@Barcelona Update Breakfast on Thursday, June 18th at 8am. 22@Update Breakfast is the new meeting and exchange point of innovative ideas which is hold every month in the innovative district — an opportunity to know the last trends in innovation and to exchange experiences with professionals and managers related to knowledge-based economy.

UPDATE: Shaherose shares her experience in Barcelona below

Bustling Barcelona Brings Entrepreneurial Energy

Thursday, July 9, 2009 (San Francisco, CA) — My visit to Barcelona was a perfect balance of meeting old friends and exploring the local entrepreneurial ecosystem. The twisting streets, savory tapas, cafe con leches, and comforting energy remained unchanged from when I lived in Spain five years ago. But I also discovered a *new* Barcelona this visit — a bustling one bringing in entrepreneurial energy from all corners of the globe.

I met with the new Barcelona: a mix of local, British, German, French, Portuguese, Australian technology entrepreneurs. It was interesting to hear their thoughts on our backyard, including a local Spanish entrepreneur: “I’ll be moving to Silicon Valley now that my product is ready, and I have thousands of users here in Europe” and a visiting British entrepreneur: “I hope to move to Silicon Valley one day, what is it like?”.

During my talk at 22@ I highlighted the differences between what I call a “Lifestyle 2.0″ company; the kind of startup that investors always look at me and say “They don’t need funding, tell them to bootstrap, build, release, iterate and make money from day-one.” Content heavy sites, social networking sites, mobile applications often fall into this category and are big part of the Women 2.0 community. Then you find the disruptive innovations, development heavy startups, often light on the business model, much fewer these days. Then of course there is that needle in the haystack, the next Google, *needing* VC money to scale operations and truly innovate on their current product and/or go global.

While at 22@Barcelona, Mobile 2.0 and HIT Barcelona, I shared my experience here in the Silicon Valley, including when and why a VC is the right fit or when to strongly consider bootstrapping depending on the type of startup.

After visiting various government-funded incubators and meeting with some startups…I’d go back to Barcelona! Why?

Incubate quietly, save on costs
Barcelona Activa, 22@Barcelona, and other government funded incubators welcome international entrepreneurs! With less Silicon Valley hype, it’s a great place to build, create and incubate your startup while keeping costs low. Office space is offered and talented developers from Spain and around Europe are ready to create with you (lower cost than the US).

Already in the market? Reach new markets and still save on costs
The government organization and similar services such as Opinno help you set up shop in Barcelona and access new global markets for growth. Access Europe, Africa, and more. Barcelona can become your hub.

Dream and ideate in solitude
Beach, sangria and warm, beautiful people. The perfect studio for dreaming up the next big idea!
Barcelona, a personal favorite is now a realistic, low(er) cost entrepreneurial ecosystem for some. Thinking of going? Let me know, I’d be happy to share my insights. Or maybe I’ll meet you there ;)

Links

Pitch 2009 Winner: LumaMed, Saving Us All

Despite the recession, Women 2.0′s Pitch received close to 100 submissions from all over the world, proof that aspiring entrepreneurs are not allowing themselves to be defeated by the state of the economy.

Over 200 people including venture capitalists, aspiring entrepreneurs, students, and supporters watched the five finalists for Women 2.0 Pitch 2009 pitch live in San Francisco on May 7th, 2009. Competition was fierce as all five finalists represent different industries, solving five different problems the world faces today. (Listen to complete audio recording of Pitch Night 2009)

Team LumaMed (formerly LumaDerm) won the 2009 Women 2.0 Pitch Startup Competition, scoring a private meeting with Michael Moritz of Sequoia and winning business services worth over $10K. Team LumaMed showcased their innovations in cancer imaging and early detection. Their presentation also won the hearts of the audience as they also walked away with the People’s Choice Award, as voted by the audience with their cell phones, and the VentureBeat Best Media Story Award. (Watch LumaMed’s winning pitch)


LumaMed impressed our live judges, winning grand prize, the audience for the People’s Choice award,
and VentureBeat for Best Media Story.

Pitch Night was a celebration of women-led startups and high-growth innovation. Jumpstart your startup with Women 2.0! What’s your big idea?

This has been the third-annual Women 2.0 Pitch: Startup Competition. The competition aims to stimulate innovation and increase the number of women entrepreneurs starting high growth ventures.
Read More »

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