All-male founding teams should also take note. Investments into companies with no female directors on their board average £2.9m, whereas adding a single female board member corresponds with a typical increase of £500,000.
Technology startups often struggle with staff diversity as well, due to the shortage of female software developers. Only 4% of software engineers in the UK are female, which is, again, unrepresentative of the user base. Interviewees often identified the cultivation of staff diversity as one of the most important things that men could do.
Stop second guessing women!
Most teachers will tell you that girls and boys, on average, learn and act differently. We can’t know for sure whether the ways that we all think and act differently are innate or are a social construct, but we can see the effects. Innovations are drawn mainly from one half of this divide and the flames of these companies are fanned by the same half. If this continues, then we risk creating ed tech solutions – and an educational environment – that cater to the dispositions and temperaments of half of our population and serves us all worse as a result.
For me this whole issue isn’t about virtue signalling but is about choosing not to be part of the problem. On the whole, there are numerous mechanisms that suggest that a more diverse tech sector would lead to a healthier education system and this, surely, is what we should aim to create if we seek to foster equity, innovation, and excellence.