Dana Kanze: The real reason female entrepreneurs get less funding
达娜·观世: 女性创业者募集到的资金更少的真正原因
Dana Kanze is a doctoral fellow at Columbia Business School where she applies behavioral insights to understand sources of inequality in entrepreneurship. Full bio
Double-click the English transcript below to play the video.
into this beautifully still pool of water.
that this pool is completely empty
这个水池完全是空的,
is near freezing
都无法到达水面。
no matter how hard I try.
trying to do before blacking out.
记得的最后一个事情。
had been chatting with two girls
时候,当值救生员
see or hear me struggle.
散步的一位女孩解救,
by a girl walking near the pool
I'm getting mouth-to-mouth
有人给我做了人工呼吸,
以确定我的大脑是否受到损伤。
to determine the extent of my brain loss.
at the water's surface,
and come to save me.
because it illustrates
when they're just beneath the surface.
gender bias in start-ups,
初创企业中的隐性性别偏见,
far more insidious than mere overt bias
towards an entrepreneur,
to do something about it.
between investors and entrepreneurs
at Columbia Business School,
自己的公司和募集资金。
and raising money for my own start-up.
to meet with prospective investors
见各种潜在的投资人,
that I had reluctantly pitched
friend, colleague, angel investor
to all these investors,
interesting was happening.
一些非常不同的问题。
set of questions than my male cofounder.
可能会让项目出错
that could go wrong with the venture
我们企业的自主经营潜力,
about our venture's home run potential
投资公司利益的问题。
that could go right with the venture.
we were going to bring on,
留住我们已有的客户。
to hang on to the ones we already had.
我发现这点相当奇怪。
I found this to be rather odd.
I was taking crazy pills.
rationalized it by thinking,
with how I'm presenting myself,
simply unique to my start-up.
decision to leave my start-up
离开了我的初创公司,
终生梦想——拿到博士学位。
of getting my PhD.
about a social psychological theory
名为“调节焦点理论”的社会心理学理论,
called "regulatory focus,"
two distinct motivational orientations
and advancement needs,
is concerned with losses
responsibility and security needs.
for a prevention focus
just to stay afloat,
让我们朝正确的方向游去。
has us swimming in the right direction.
of how far we can advance.
when it dawned on me
男性合伙人提出的问题,
posed to my male cofounder,
those questions asked of me.
on start-up financing
that male and female founders raise.
38 percent of US companies,
of the venture funding.
因为任何男人和女人
to any fundamental difference
started by men and women?
不一样所导致的呢?
in the questions that they get asked?
to venture funding,
他们公司的自主经营潜力。
of their start-up's home run potential.
your investors' money.
would be getting less funding than men
比男性少就说得过去了,
promotion-oriented dialogues.
to test this hypothesis
and funding needs across all years
Startup battle 的融资竞赛中,
known as TechCrunch Disrupt
和融资需求的公司身上
in New York City
the ideal place for start-ups to launch,
启动创业公司的理想场合,
that have since become household names,
most prominent VCs.
of companies in my sample,
融资的金额仍然是
to raise five times as much funding
what's driving this gender disparity.
导致了这个性别差异。
所有的演示和问答环节的视频,
both the pitches and the Q and A sessions
and I had them transcribed.
of regulatory-focused terms
术语词典来分析这些文本。
and Word Count software called LIWC.
generated the frequencies
in the transcribed text.
都是由哥伦比亚大学的
and answers manually coded
Research Lab at Columbia.
in promotion or prevention.
客户这个话题为例。
I mentioned briefly earlier.
do you plan to acquire this year?"
your existing customers?"
会影响他们融资的背景信息,
that can affect their funding outcomes,
quality and funding needs
这些数据点作为对照。
as controls in my analysis.
entrepreneurs present their companies.
and female entrepreneurs
所使用的促进和预防语言
of promotion and prevention language
on the entrepreneur's side,
with the VCs after pitching.
in these exchanges,
showed significant support
get asked promotion questions
防御焦点类问题的事实。
get asked prevention questions.
of the questions posed
were promotion-focused,
问题是防御焦点的问题。
entrepreneurs were prevention-focused.
and the venture-funding literature,
风险投资文献中的流行程度,
偏好理论在这里成立,
theory of homophily to hold here,
would favor male entrepreneurs
女性创业者做类似的事情。
for female entrepreneurs.
the same implicit gender bias
展示了同样的隐性性别偏见,
of the questions they posed
male entrepreneurs promotion questions
会问男性创业者促进问题,
female entrepreneurs prevention questions
that both male and female VCs
有什么潜在影响吗?
on start-up funding outcomes?
it has a significant effect.
how well the start-ups would perform
公开市场能得到多少资金。
went on to raise in the open market.
predominantly promotion questions
seven times as much funding
对这些问题的回应,
responses to those questions,
are apt to respond in kind
begets a promotion response
begets a prevention response.
intuitive sense to all of us here,
它会带来一些不幸的后果。
in this context of venture funding.
gets asked a promotion question,
to reinforce his association
有利位置的联想,
of gains by responding in kind,
gets asked a prevention question
aggravates her association
of losses by doing so.
随后提出的带偏见的问题,
capitalists' subsequent biased questions,
助长了偏见的循环,
collectively fuel a cycle of bias
the gender disparity.
a silver lining to my findings.
who managed to switch focus
with promotion answers
to prevention questions
is that if you're asked a question
your start-up's market share,
to frame your response
of the overall pie
保护自己那一小块蛋糕。
to protect your sliver of that pie.
且快速增长的市场,
and fast-growing market
increasing share in this market
unique assets."
重新引入了对我有利的领域。
into the favorable domain of gains.
among start-ups that launched at TechCrunch
初创企业中相当有说服力,
that there's a correlational relationship
this difference in regulatory focus
and ordinary people.
Disrupt environment,
to four six-minute audio files
for promotion and prevention language,
to allocate a sum of funding
reinforced my findings from the field.
were asked promotion questions
were asked prevention questions.
where entrepreneurs switched
when they received prevention questions
from both sets of participants.
simple things you could do.
the question you're being asked.
the question at hand by all means,
your response in promotion
of funding for your start-ups.
evaluating start-ups
同样的隐性性别偏见,
gender bias in their questioning,
多于女性创业者。
male entrepreneurs over female ones.
an opportunity here
more even-handedly,
could do the right thing,
the quality of your decision making.
on every start-up's potential
start-ups to shine
beneath the surface.
to break this cycle
in start-up funding.
they're led by men or women,
ABOUT THE SPEAKER
Dana Kanze - ResearcherDana Kanze is a doctoral fellow at Columbia Business School where she applies behavioral insights to understand sources of inequality in entrepreneurship.
Why you should listen
Prior to embarking upon her PhD, Dana Kanze co-founded and ran a venture-funded startup for five years. Her experiences as a female entrepreneur and CEO inspired her to examine gender distinctions among founders. Her research embraces a mixed methods approach, combining field and archival studies that explore correlational relationships with controlled experiments that develop causal stories. Her work has been published in The Academy of Management and The Harvard Business Review and featured in Bloomberg, Business Insider, Entrepreneur, Forbes, Fortune and The Wall Street Journal, among others. Kanze graduated magna cum laude with a BS in economics from The Wharton School and began her career as an investment banker and strategic consultant.
Dana Kanze | Speaker | TED.com