Mark Zuckerberg wants business to ‘man up’, but what it really needs is more women entrepreneurs

Wed, 12 Feb 2025 04:34:12 +1100

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://theconversation.com/mark-zuckerberg-wants-business-to-man-up-but-what-it-really-needs-is-more-women-entrepreneurs-248440>

"By claiming workplaces need to “man up”, Meta CEO Mark Zuckerberg is ignoring
one of the biggest untapped opportunities for economic growth – women
entrepreneurs.

A 2024 study found promoting female entrepreneurship can greatly enhance
women’s workforce participation and drive significant economic growth. And in
2015, the McKinsey Global Institute found advancing women’s workforce equality
could add US$12 trillion to global growth.

Yet, women remain significantly underrepresented as startup founders,
particularly in high-growth industries.

According to Startup Genome, which analyses global startup ecosystems, just 26%
of founders in New Zealand are women (still one of the higher rates globally).
But only about 4% of Australia’s venture capital investment goes to startups
founded solely by women, and about 7% in New Zealand.

Encouraging women to develop entrepreneurial mindsets could help address both
countries’ stagnating productivity. So what stops women from pursuing this
path?

Our latest research explores why fewer women undergraduate students at the
University of Auckland pursue entrepreneurship and how universities can help
close the gap."

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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