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Until 2014, Uber had fewer than 500 employees; today their headcount is around 3,000 people. For instance, Snapchat’s cofounders, Evan Spiegel and Bobby Murphy, started working together on a website for students called Future Freshman, among other projects, while at Stanford University. Unicorns are: Small in size.
Although female-founded companies represent a greater percentage of First Round’s investments than the national average — startups with at least one female cofounder account for approximately 18% of new VC-backed new ventures in the U.S. — they were still the minority of investments.
For instance, in 2014 only 10% of Yelp’s engineers were female. These figures were similar at other tech companies, most of which had fewer than 20% of their technical positions filled by women and had low representation of black and Hispanic employees. .… The numbers were grim. has increased from 10% to 18%.
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