Where are the Female Venture Capitalists?

Money in hand If you are looking for one of the newest old boys' clubs around, look no further than the world of Venture Capital. As explained by venture capitalist, Nick Leiber in a post on the New Entrepreneur "As the father of a capable, ambitious daughter, perhaps I’m over-sensitive to the issue, but since becoming a VC seven years ago, I find it amazing that only 5-10% of the VC industry is made up of women. Only 25% of all VC partnerships have a single women partner and only 7-8% have more than one women partner." Nick cites all types of reasons there may be fewer professional women in the industry from risk-aversion, the clubby atmosphere that excludes women, lack of female mentors to hire women into the field and the pervasive problem that most VC's have technical backgrounds in either technology or science - areas where there are fewer working women. He points out, like a small but growing number of men can attest to, this problem needs to be addressed since the field is losing out 50% of the talent pool. I admit this question has been on my mind as one of my current clients knows that venture capital will be needed to take her fashion retail business to the next level. Why do you think there are so few women in venture capital?  

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