On the subject of breaking ground for women, did you know that the US does not have the likeness of a woman on any of its paper currency? Gail Collins wrote a great article exploring the subject that can be found here:http://www.nytimes.com/2015/03/21/opinion/gail-collins-a-womans-place-is-on-the-20-dollar-bill.html?_r=0
And the discussion as to why there are so few women in finance has spread all the way to South Africa in an article based on John Coates’ work titled Less Testosterone Could Make for Better Banks. The full article can be found here:http://www.bdlive.co.za/opinion/columnists/2015/03/20/less-testosterone-could-make-for-much-better-banks
The Kleiner Perkins’ gender discrimination trial continued last week, and the NY Times did a great article on the subtleties of the lawsuit – this trial is not about the ‘boom-boom room’ culture that went on trial in the late ‘90’s – this trial tells the story of more subtle bias – an employee review that faults a woman for being too aggressive, and praises that behavior in her male colleagues. Of being left out of dinners because her presence would be a downer just because of her gender. The full article can be found here: http://www.nytimes.com/2015/03/17/opinion/venture-capitals-boys-club-on-trial.html
The last article provides some insight as to why there are so few female directors. The title says it all: Many U.S. boards lack vision, just tick boxes in search for women directors. The full article can be found here:http://www.reuters.com/article/2015/03/20/us-usa-companies-boards-idUSKBN0MG21920150320
And lastly, we have our biggest event of the year coming up April 23rd in Dallas – you will not want to miss this as we have an all-star lineup of investors giving their global market outlook including Mary Erdoes of JP Morgan, Katie Stockton of BTIG, Elena Ranguelova of Investcorp and Lilian Zhou will be joining us from Shanghai. Britt Harris from TRS will be moderating and we look forward to his questions. The event supports the Young Women’s College Preparatory network that supports 7 schools in Texas that provide a college preparatory education to underserved young girls across the state. And why is girls’ education so important? Studies show that if you change the outcome for a young girl, you change the outcome for future generations – an investment that pays dividends. And young girls trying to get an education are under siege:http://www.nytimes.com/2015/02/10/world/schoolgirls-are-facing-more-threats-united-nations-reports.html?_r=0
Men and women are welcome to attend the April 23rd event, so please help us get the word out – it is a great event with TWO cocktail hours, so plenty of great networking as well as great content!
We have 2 great events for March and a terrific line up of events for April. Come out and meet our new committee members and share your ideas for future events! Register early to avoid disappointment!