Supporting high growth Technology businesses in SWO.
Comments or opinions expressed here do not necessarily represent the views of BDC or its management.
@LSPARKGlobal Thank you so much for hosting this critical conversation, and to everyone who tuned in for being a part of the change we want to see! #SaaSChats
@LSPARKGlobal A9. (2/3) A job interview goes both ways - showcase what you're capable of, but also learn if the role will align with your values and contribute to your career goals. #SaaSChats
@LSPARKGlobal A8. Build a culture that gives women a place where they feel welcome & have room to grow. Lessen gender bias by ensuring more thought leadership comes from women. Visibility - ensure women are on stage at conferences,podcasts,etc. Show the world what we are capable of. #SaaSChats
@LSPARKGlobal A7 Huge. I think there are so many men that want to be a part of the solution, but don't know where to start. Training about D&I for entrepreneurs and within corporations. Mentorship programs - help more women land/grow into leadership roles. #SaaSChats
@ziyishimtl@LSPARKGlobal A6. (2/2) A2. More women angel investing to help these companies get off the ground. But, to create more women angels we need more women in leadership roles and to close the gender pay gap, etc. #SaaSChats
@ziyishimtl@LSPARKGlobal A6. (1/2) A1. Training and accelerator programs for WEs - seeing our RICs do a great job of this! More funds focused on women or with it as part of their mandate -
@bdc_ca
Thrive is an excellent start. #SaaSChats
@LSPARKGlobal A2. Women led startups have proven to do more with less - higher revenue per investment %, avg of $0.78 for women and $0.31 for men according to a BCG study. This shows us that diverse teams deliver stronger results. #SaaSChats
@LSPARKGlobal A2. Retention - Quit rate is higher among WIT. Ensure work life balance for women wearing several hats, make career advancement/development opportunities a priority (not just hiring in jr roles), improve the 'bro culture' so women feel welcome and comfortable. #SaaSChats
@LSPARKGlobal A1. Hiring - Break down the gender bias among leaders/hiring managers, set goals for D&I, inclusive job descriptions and interviews. I see the goals for representation making this top of mind - high level of awareness. #SaasChats
@LSPARKGlobal A3. But it's conversations like these that show such a positive evolution. D&I is top of mind for so many organization, tech and otherwise. This is laying the foundation for a better tomorrow. #SaaSChats
@LSPARKGlobal A2. ~25% of STEM jobs are held by women, only 15% @ management level. 74% of girls aspire to work in STEM. Right now the quit rate is higher among women in Tech - how can we improve the culture for those girls who are our future? #SaaSChats
@LSPARKGlobal A1. One IWD I heard a stat that made me nervous. Covid caused women's careers to step way back in time - we lost a lot of the progress that we made. We need a focus now on getting back to where we left off and growing from there. #SaasChats
@LSPARKGlobal A1. Culture. When we think of Tech Culture we picture a real 'bro culture' of hoodies, pizza, and beer. That's all awesome (and I personally like all 3 of those things), but building a culture of diversity is critical. Women need to feel welcome, comfortable, safe #SaaSChats
@LSPARKGlobal A2 One way to address is having VC funds focused on women, or training for funds that are agnostic. Also more women Angel investing. I'm really excited about what @bdc_ca is doing with Thrive VF & Lab #SaaSChats
@LSPARKGlobal A1 Women can tend to be more modest/conservative. Tech is often focused on high growth, future potential, upside, etc. I've seen this tendency to forecast more modestly hold women back when raising capital, but it's a good skill to have especially in today's economy. #SaaSChats