S2 Ep48: Funding Female Founders With Tong Gu from Pact

Tech Can't Save Us · May 4, 2023 · 37m

Tong, who is a computer scientist by training, was once an investment banker, and she also founded a machine learning company, which she grew to 40 people before exiting.

First, we look at a Bloomberg article that shows that roughly 56% of North American-based investors expect to allocate capital to fund managers who invest significantly or exclusively in women-founded businesses. Tong agrees that the number of initiatives to invest in women has increased, but the reality is not so encouraging. “To quote [the] most recent State of European tech report from Atomico, unfortunately, only 1% of…