According to a new study from Arizona State University’s W.P. Carey School of Business, that activist connection is no coincidence. Indeed, researchers found that, all else being equal, female CEOs have a 27% likelihood of facing activism at some point in their careers. Practically speaking, that means one out of every four women who take the helm of a major public company will have to deal with an activist investor. For male CEOs, on the other hand, the likelihood is basically zero, said ASU lead researcher Christine Shropshire.
“We know that girls who strongly adhere to female gender stereotypes feel like they can’t do some things,” Coyne explained. “They’re not as confident that they can do well in math and science. They don’t like getting dirty, so they’re less likely to try and experiment with things.”
According to its Twitter page, the bot is “the world’s first collaborative AI horror writer.” Shelley—named after Frankenstein author Mary Shelley—is the brainchild of Pınar Yanardağ, a postdoctoral associate who works at the Massachusetts Institute of Technology’s Media Lab, and was created in collaboration with research scientist Manuel Cebrian and associate professor Iyad Rahwan, reports Turkish news site Daily Sabah.
In 1969—the same year as the launch of Apollo 13, as the Stonewall Inn riots, and as the very first Woodstock Festival—a 13-year-old girl by the name of Alice DeRivera decided she wanted to go to Stuyvesant High School, then an all-boys public school in New York City. DeRivera filed a suit against the Board of Education with the charge that the school’s policy was discriminatory and denied girls the ”equal protection of the laws.” When asked to defend the policy, the BoE backed down and acquiesced to demands that girls be allowed in.
“Even the term ‘violence against women’ is problematic…It’s a bad thing that happens to women, but when you look at that term, ‘violence against women,’ nobody is doing it to them. It just happens to them…Men aren’t even a part of it.”
Wood hopes to bring in more women and first-time investors by lowering the barrier to entry. The Helm’s annual membership fee is $2,500 and the minimum investment is $50,000—minimums at most existing VC firms are at least double that. It will also provide community members with direct access to portfolio companies, social events, financial education as needed, and regular content about female entrepreneurship. Wood calls this “experience investing.”