New Fund Launches To Invest In Startups With Female Founders

Tech startups and venture capital firms are often celebrated for their innovations and forward-thinking.

But they've also been dogged with a sexism problem.

And some say part of the reason for this is a lack of female leadership.

For example, Crunchbase, the research arm of the tech website TechCrunch, found only 17 percent of startups in the first quarter of 2017 had women founders. And that number has remained flat over the past five years.

Boston-based Flybridge Capital has launched a new fund led by women entrepreneurs that focuses on investing in startups with female founders.

We speak with one of the founding partners of X Factor Ventures, as well as a veteran venture capital leader in Boston, about the new fund.

Guests:

Anna Palmer, founding partner of X Factor Ventures, a new fund that is investing in female-led startups. She is also co-founder and CEO of Wondermile and Fashion Project. She tweets @AnnaBPalmer.

Rudina Seseri, founder and managing partner at Glasswing Ventures, a venture capital firm in Boston. She tweets @rudina11.