Venture capital is a man's world

89% of employees who deal with venture-capital fund investments are men, only 11% are women.

December 7, 2011 23:24
2 minute read.
Tel Aviv brokers

Tel Aviv brokers. (photo credit: REUTERS)


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

The US National Venture Capital Association, in cooperation with Dow Jones VentureSource, has published a comprehensive report about venture capitalists, focusing on origin and gender. The study analyzed 600 venture capitalists both as investors and in administration.

The results are not at all surprising. As in many other fields in the US that involve money, only white men sit at the top. And indeed, the report found that 89 percent of employees who deal with investments in venture-capital funds are men, and only 11% are women.

Be the first to know - Join our Facebook page.

The report also analyzed support-level positions. One step down from the top there is a little bit more ethnic and gender diversity: 79% of finance, marketing and public-relations managers are men, 87% of whom are white and under 30.

US venture-capital firms might not let women touch the big money, but they are happy to decorate their offices with them. Sixty-two percent of the administrative staff of VC firms are women. Women investors appear more prominently in life sciences (15%), clean-tech (18%) and IT (12%).

Another statistic that appears in the report shows that 95% of people who work in the industry are US citizens, 2% are Canadian, 1% are Asian and 1% are European. Venture capitalists confirm that they work 60 hours a week, and 44% of them are married.

The report shows that 85% of venture capitalists in the US are members of LinkedIn, 62% also have a Facebook account and 33% have Twitter accounts.

Similar research has not been conducted in Israel, but even a quick glance at the Israeli VC industry is enough to see that the overwhelming majority of managers are white Ashkenazi males between 45 and 60. Erel Margalit, Ze’ev Holzman, Yossi Sela, Avi Zeevi and Erez Shahar are just a few of the names on this very long list.

Women are not very well-represented; Ruti Alon and Rona Segev-Gal of Pitango and Hadar Ron of IHVC are the sole female representatives in the Israeli VC industry.

Other groups are also not represented; not even one Arab is employed in Israeli VC firms.

Shlomo Kalish is an exception. He is the only haredi Israeli venture capitalist, although he has slowed down in the last few years. Kalish is also a member of a large group of former pilots who manage funds, including Chemi Peres and Aaron Mankovski.

Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection