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Evan Vitale – Venture Capital News Update

July 18, 2016 by Evan Vitale

By Evan Vitale

What’s new in the world of venture capital? Let’s take a look…

The Columbus Dispatch (Columbus, Ohio) asks the question “why can’t Ohio attract more venture capital money?”

According to a recently-published article, a new report on venture-capital funding in Ohio has a familiar theme: There’s still not enough of it.

Investors put $373 million to work with 167 new and developing companies in Ohio last year, according to the Ohio Venture Report 2015, a look at venture investing in the state.

“We do have a big gap,” said Tom Walker, CEO and president of Rev1 Ventures, a Columbus technology-business incubator.

You can read the full article here: http://bit.ly/29H70zi

Meanwhile, Fortune.com is asking different questions on why the lack of women in venture capital continues to persist.

There’s still a lot of work to be done when it comes to including more women in venture capital, summed up by a collective chorus at a panel of Silicon Valley and Boston venture capitalists at Fortune‘s Brainstorm Tech conference in Aspen on Tuesday.

“Everyone has a role to play, including the press, existing VC firms, and entrepreneurs,” said Megan Quinn, a growth investor at Spark Capital, who was previously a partner at Kleiner Perkins. “I don’t buy the argument that there aren’t enough qualified women to be in venture capital,” she added.

The lack of women who invest in startups in Silicon Valley is an issue that has come to light over the past few years. Fewer than 6% of all decision-makers at U.S. venture capital firms are women, according to data compiled by Fortune, showcasing the glaring gender inequality issues in the investment industry and Silicon Valley as a whole.

Read more here: http://for.tn/29Dtttk

Crain’s Cleveland Business reports how local leaders pay tribute to venture capital icon David Morgenthaler, who passed away recently at the age of 96.

You can read the tribute here: http://bit.ly/29PkLu6

Filed Under: Evan Vitale, Venture Capital Tagged With: Evan Vitale, VC, VC News, Venture Capital, Venture Capital News

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