Vivek Wadhwa
Vivek Wadhwa
Columnist

Correction:

A previous version of this column identified NCWIT as the National Coalition for Women and Information. It is, in fact, the National Center for Women and Information. This version has been modified to reflect this.

Silicon Valley women are on the rise, but have far to go

Marcio Jose Sanchez/AP - Marissa Mayer, VP of Search Products and User Experience for Google, in Mountain View, Calif., Monday, Dec. 7, 2009.

Women who have tried to raise venture capital also tell horror stories of the gender-based questions they are asked. These include, “What does your husband think about the long hours you are going to keep,” “how are you going to manage with a baby,” and “how will you balance home and work?” Entrepreneur Vinita Gupta wrote a powerful essay in 2010, about her experience balancing her pregnancy with her efforts to raise capital and the dilemma she has seen other women face.

But this problem can be fixed, and progress is already being made.

Vivek Wadhwa

Vivek Wadhwa is Vice President of Innovation and Research at Singularity University and Arthur & Toni Rembe Rock Center for Corporate Governance at Stanford University. His other academic appointments include Harvard, Duke and Emory Universities as well as the University of California Berkeley.

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Silicon Valley has its faults, but at the end of the day it assimilates and embraces the groups that break through its barriers. That is how Indians went from being low-level engineers to founders of 15.5 percent of its tech firms. This is despite the fact that Indian-born workers constitute only 6 percent of the Valley’s population. Indians learned that the way to succeed in the tech world was to network, and that you could uplift an entire community by mentoring others.

This is what women in the Valley are increasingly doing. There are groups like Women 2.0, Astia, Anita Borg Institute, and Iridescent, which hold frequent networking events for women, high school students, and disadvantaged groups, connecting them to mentors. The Ewing Marion Kauffman Foundation has made the issue one of their top priorities, providing financial support to Women 2.0 and Astia as well as other programs focused on fostering and supporting women entrepreneurs.­­­

I attended one of these events on Nov. 2, at the offices of Andreesen-Horowitz—one of the Valley’s leading venture firms. I moderated a panel discussion, hosted by Iridescent. We discussed how best to help high school girls break the “Silicon Ceiling.” The panelists included some the Valley’s most successful women: Padmasree Warrior of Cisco, Marissa Mayer of Google, Freada Kapor of Level Playing Field Institute, Sandy Jen of Meebo, and Angela Benton of NewMe Accelerator.

All of these women volunteered their time to inspire others to provide mentorship. The organizers expected 80 potential mentors to attend, yet more than 130 came. The event was standing room only, and the atmosphere was electrifying—much like other women’s networking events I have attended in the Valley over the last two years.

Shaherose Charania, founder of Women 2.0, says that women entrepreneurship in the Valley has doubled over the last three years. She told me that her group’s surveys show that interest by young women in tech entrepreneurship is growing dramatically.

So it seems that things are moving in the right direction, and that we may be making progress in empowering the other half of our society to participate in tech entrepreneurship.

But we’ve got a long way to go.

The Iridescent event, like all of the other women’s events I have attended in the Valley, was open to all. But 95 percent of the attendees were women. Notably, neither Marc Andreesen nor Ben Horowitz participated. They, like other Silicon Valley men, should be far more active in mentoring and motivating women and minorities. After all, it is in their self interest to increase the size of the investment pool, and the quality of the companies they invest in.

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