Startup founders are rushing to tackle menopause’s worst symptoms, sniffing a $16 billion opportunity. Others are trying to eliminate menopause altogether.
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This angel network wants to mobilize 100,000 women investors
Ainsley Harris /
Fast Company
With a check of between $10,000 and $100,000, women can join an open fund of their choosing. Each fund is spearheaded by a small team of experienced investors, who take the lead in managing deal flow and conducting due diligence (they also earn a larger portion of the fund’s profits). By pooling their money in this way, Portfolia’s members are able to learn from one another and quickly diversify their portfolios.
“The financial industry of the ’80s was not created overnight. It’s really hard to change that type of ingrained culture. What’s not hard is building, focusing on, and demanding positive corporate culture, diverse teams, and diverse leadership when you build a company from scratch. Shame on all of us if we’re building companies from scratch and we get this wrong.”