The DOI matches its Crossref record; 30 of the 30 references it cites were found in a registry or an index.
Are early stage investors biased against women?
Open accessAbstract
We study whether early stage investors have gender biases using a proprietary data set from AngelList that allows us to observe private interactions between investors and fundraising startups. We find that male investors express less interest in female entrepreneurs compared to observably similar male entrepreneurs. In contrast, female investors express more interest in female entrepreneurs. These findings do not appear to be driven by within-gender screening/monitoring advantages or gender differences in risk preferences. Moreover, the male-led startups that male investors express interest in do not outperform the female-led startups they express interest in—they underperform. Overall, the evidence is consistent with gender biases.
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Cites
Birds of a Feather: Homophily in Social Networks
McPherson, M., Smith-Lovin, L., & Cook, J. M. (2001) · Annual Review of Sociology · doi:10.1146/annurev.soc.27.1.415 · Cited by 18,567
Gender Differences in Preferences
Croson, R., & Gneezy, U. (2009) · Journal of Economic Literature · doi:10.1257/jel.47.2.448 · Cited by 5,694
Bertrand, M., & Mullainathan, S. (2004) · American Economic Review · doi:10.1257/0002828042002561 · Cited by 4,504
The Economics of Discrimination.
Collard, D., & Becker, G. S. (1972) · The Economic Journal · doi:10.2307/2230052 · Cited by 3,573
The Statistical Theory of Racism and Sexism.
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Whom You Know Matters: Venture Capital Networks and Investment Performance
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The Quiet Revolution That Transformed Women's Employment, Education, and Family
Goldin, C. (2006) · American Economic Review · doi:10.1257/000282806777212350 · Cited by 1,831 · cited 1×
“The persistence of this gap over time runs counter to more general labor market trends (Goldin, 2006).”
BackgroundArrow, K. J. (2015) · Discrimination in Labor Markets · doi:10.1515/9781400867066-003 · Cited by 1,804
We Ask Men to Win and Women Not to Lose: Closing the Gender Gap in Startup Funding
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Metadata
- Authors
- Ewens, M., & Townsend, R. R.
- Venue
- Journal of Financial Economics
- Publisher
- Elsevier BV
- Published
- 2020-03
- Volume
- 135
- Issue
- 3
- Pages
- 653-677
- ISSN
- 0304-405X (ISSN-L)
- OpenAlex
- W3121473597
- Cited by
- 353
- References
- 30
- FWCI
- 79.47
- Type
- journal article
- Language
- en
- Open access
- gold
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- Ewens, M., & Townsend, R. R. (2020). Are early stage investors biased against women? Journal of Financial Economics. https://doi.org/10.1016/j.jfineco.2019.07.002
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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