By Evan Vitale
Here are a couple of news stories that are making headlines in the world of venture capital this week.
Fortune has published an interesting article on how “Venture Capital’s Funding Gender Gap Is Actually Getting Worse.”
The article notes: “It’s a well-documented fact that female founders receive less venture capital funding than their male counterparts. What is perhaps more surprising is that things haven’t improved—and have actually worsened—over the past year.
“Venture capitalists invested $58.2 billion in companies with all-male founders in 2016. Meanwhile, women received just $1.46 billion in VC money last year, according to data from M&A, private equity, and venture capital database PitchBook. That massive disparity is due both to the differences in the number of deals and the average deal size by gender.”
Read the full article here: http://for.tn/2nzP4sW
Meanwhile, The Jerusalem Post has published an article on the enormous expansion of the economic environment in which Israeli technology companies operate.
“2016 is turning out to be one of the most prosperous years ever for the Israeli high-tech industry. This prosperity, reflected by the enormous sums invested in local technology firms, brings about a change to some of the mind-frames to which we were accustomed in local venture capital (VC) transactions. It has also enhanced the effects US VC trends have on the Israeli market.”
And finally, Georgetown University’s Venture Capital Investment team is set to compete in the VIC Global Finals after earning first place honors at the VCIC 2017 South Regional Finals, held at Rice University in Houston, Texas.