The trend continues. I still want to see an objective analysis for why so few female founders make it through the funnel. I haven't found any good stats to see if the overall % of startup founders (regardless of YC participation) is abysmal, if it's the software focus that acts as a filter, if it's the VC focus, or something else entirely.
If the top of the YC funnel is 6% female, we would be asking a different question than if it’s 18% female.
But that doesn't really help answer my bigger question, which is why is that number so low?
I did find one stat showing about 20% of US businesses with employees are female-owned, which is itself troubling and leads to more "why?".
There's probably also some genetically encoded differences on risk-averseness (another guess). FAANG is a great gig and is much more predictable and stable.