Cindy Padnos (pictured) is the founder and Managing Partner of Illuminate Ventures.
Padnos cites a statistic that women made up just 7 percent of partners in the tech sector among the 100 most active venture capital firms from 2009-2011. A white paper she published shows that women-operated, venture-backed high-tech companies average 12 percent higher annual revenues, using an average one-third less capital than male counterparts.Read the entire article: To pitch or not to pitch: Silicon Valley women founders weight venture capital versus bootstrapping
Photo courtesy: Steve Wilhelm
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