It’s incredibly important that we keep pushing women and diversity forward. Progress has been made but not nearly enough. The majority of capital is still managed by male private wealth managers. The majority of political decisions are still made by male politicians. We need to continue to normalize diversity in the workplace and equal partners in the home. For one, we need to solve childcare to keep women in the work force. The good news is that childcare is a $500 Billion+ industry and our Halogen Future of Families study determined that the opportunity surrounding the families is a $7.5 Trillion Industry: This is a de-risked and lucrative opportunity for these same private wealth managers and investors. Childcare is the key to change. I’m optimistic that things are changing with more women taking their companies public and more female entrepreneurial billionaires being made regularly as there is no lack of women starting companies.
– | Jesse Draper, Founder & GP, Halogen Ventures, a Leading VC Fund Investing in Consumer Technology Companies led by Women |