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BUSINESS NEWS
Women business founders rising, but slowly
[USA TODAY]
Where are the Starbucks, Nikes, Amazons, Home Depots and Genentechs founded by women? This is a question that puzzles those who track fast-growing companies.
Few fledgling businesses founded by men or women ever grow into giant corporations, but with women launching twice as many businesses as men, some meaningful percentage of the new giants might be expected to have a woman as keystone.
That women are conspicuously missing is somewhat counter-intuitive to the glass ceiling argument. Only 43 women have climbed the traditional ladder to become CEOs of Fortune 1000 companies in the last 35 years, and fresh research from executive women’s organization Catalyst suggests that the pipeline is not exactly filling up with future candidates.
[read article]
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