Craig Newmark and Women Who Tech's Allyson Kapin share 3 ways men can help advance women in tech. (via CNBCMakeIt)
In May, they held their eighth startup challenge in New York. Ten women-led startups pitched their business to tech executives and investors, with the winner receiving $50,000. In October, they will host their ninth startup challenge in Paris, France.CNBC Make It
We spoke with Newmark and Kapin about how men can help even the playing field in tech. They gave three recommendations: But as a business leader who believes in fairness, he says he feels he has a duty to take action on inequality in the tech industry. "I've been lucky enough to do well in business," says the, who is also the founder of Craig Newmark Philanthropies. "I should put my money where my mouth is, and that means a number of things, including investing in women in tech."
"We've been hearing so much about diversity pledges and about how the data isn't moving in terms of funding women-led startups," she says. "But so few are coming to the table to actually put their money where their mouth is."Right now, less than 10% of decision-makers at VC firms are women, according toFor many women in tech, breaking into these spaces can be an overwhelming challenge.
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