In May, Paige Hendrix Buckner became the CEO of All Raise, a nonprofit dedicated to increasing the number of female venture capitalists in the U.S. She spoke with Forbes about how more women can become angel investors and why female founders are a better bet for investors right now.
aige Hendrix Buckner knows the statistics around the female founder and investor ecosystem: In 2022, female-founded startups received just 2% of all venture capital dollars. Meanwhile, some 60% of American venture firms do not have a female check-writer, meaning a woman who is using her expertise to make investment decisions.
In early May, Hendrix Buckner assumed a position that will enable her to change these numbers: She became the permanent CEO of All Raise, a nonprofit dedicated to doubling the number of female check-writers in the U.S. after serving as its interim chief since January. Hendrix Buckner is the third CEO in the history of the organization—which started as a collective, volunteer-based effort among 30-plus female investors in Silicon Valley in 2017.
The April 2018 Forbes cover story that exclusively revealed the efforts of more than 30 women in Silicon Valley to diversify the tech ecosystem. The results of that effort: All Raise.Today, All Raise has six chapters across the country, a board acceleration program and media training resources for Black and Latinx founders.
“Part of our job at All Raise is to help empower women and to shift generational wealth, so that can shift generational power,” Hendrix Buckner toldover Zoom in April. In June, she embarked on a six-city tour to talk to All Raise chapters about exactly how to shift that money and power.
“Women operate with 25% less capital per month than other founders,” Hendrix Buckner said. “Women do more with less and create more value for investors... If you’re an investor right now, you should bet on women.”
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