Venture Capital Gender Bias

Published Research

Miller Center for Global Impact, in partnership with Chevron, commissioned research led by Maya Ackerman, PhD, Santa Clara University Associate Professor of Computer Science & Engineering, and Computer Science graduate students Juliana Shihadeh and Jui Banik to explore new approaches for identifying and investing in high-potential women entrepreneurs. The resulting report analyzes why gender bias persists in venture funding and introduces a new framework—Connective Leadership, characterized by Empathy, Collaboration, Humility, and Overarching Thinking (ECHO). These traits, common among female unicorn founders, are shown to correlate with long-term business success but are frequently undervalued by investors.

Author

  • Miller Center for Global Impact

    For nearly 30 years, Miller Center for Global Impact has been a leader in advancing social entrepreneurship to end poverty and protect the planet. With a focus on climate resilience and women’s economic power, Miller Center accelerates social enterprises aligned with the UN Sustainable Development Goals. Based at Santa Clara University, the center blends the innovation of Silicon Valley with a deep commitment to social justice and global impact. Miller Center has supported more than 1,500 social enterprises across over 100 countries.