VC Lab is introducing a set of industry benchmarks and incentives to change the face of venture capital. Our first initiative is Female Venture 50.
As the name implies, this program is focused on ensuring that there is an equal number of women working as peers to men in the global venture capital market. In 2022, less than 5% of leadership positions at venture capital firms worldwide are held by women.
By the end of 2023, VC Lab will work to ensure that the following annual objectives are achieved:
|2023 Objectives: New Manager VC Firms|
|45%||1+ female team members in at least a venture partner capacity|
|35%||1+ female investment decision maker|
|25%||1+ female Managing Partner|
|15%||All Female Managing Partner(s)|
In addition, six female lead venture capital firms will receive complimentary access to the Decile Track each year. The program offers hands-on coaching from fund formation leaders, exclusively available to the 10% of the best new managers worldwide.
The current VC Lab stats for female participation in venture capital funds are:
|2022 Actuals: New Manager VC Firms|
|27%||1+ female team members in at least a venture partner capacity|
|18%||1+ female investment decision maker|
|16%||1+ female Managing Partner|
|9%||All Female Managing Partner(s)|
Beyond female participation in the workforce of venture capital, it is our goal to ensure equal leadership in the management of VC firms and in the VC industry. We are here to help.