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Funding women founders: We cannot keep doing the same thing and expect change

Supporting women founders matters, but achieving gender equity in venture capital will require systemic reforms, writes Rachel Yang.
women founders startup funding
Rachel Yang is a partner at venture capital fund Giant Leap. Image: Supplied

We all know how the adage goes: the definition of insanity is doing the same thing repeatedly and expecting a different result. It feels increasingly relevant to how we approach women’s participation in entrepreneurship and access to venture capital.

Many existing initiatives are genuinely valuable: mentoring, leadership development, capability building, networking and founder education. But most share the same underlying assumption: they are designed to help women navigate the existing system.

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