We talk a lot about the lack of women in technology. What’s keeping them out? The Lady Problem Global Hackathon Series, presented by AngelHack, is launching in a city near you!
The Lady Problems Global Hackathon Series is setting out to answer that question. We’re challenging our community of 100,000+ women and men, developers, designers, entrepreneurs to create technology that will address the problems that prevent female entrepreneurship.
And course, male allies are welcome too!
Women represent half of the global population, reinvest 90% of their income into their families and communities, but earn just 10% of the world’s income. Studies have shown that advancing women’s equality can add between $12-28 trillion to global economic growth.
According to UN Women, companies with 3 or more women in senior management functions score higher in all dimensions of organizational effectiveness, yet just 4% of Fortune 500 companies are led by women. In startup-land, you’ll find the same results. First Round Capital’s analysis of 300 portfolio companies over ten years showed that startup teams with at least one female founder performed 63% better than all male teams, yet around only 4% of women are backed by VC funding.
It’s proven that investing in women creates a better world, and yet they’re not even close to meeting their potential. So what can we do to solve these problems?
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