Cultural biases and conventions simply don't put "woman" and "entrepreneur" in the same space. The archetype remains tethered to the hunter male, a relentless warrior who vanquishes any and all unbelievers. Women continue to be seen by funders, and really the public at large, as newbies or juniors-in-training.
Natalia Oberti Noguera, founder and CEO of Pipeline Fellowship, an angel investing bootcamp for women, often gets asked why she started her company. She had grown a network of women social entrepreneurs in New York City in 2008 from a six-woman network to 1,200 within two years. And throughout, she kept hearing from them how hard it was to secure funding for their ventures.
Since the recession, and at least partially sparked by it, I'm seeing a real resurgence of entrepreneurial spirit, and more startup activity than ever before. I believe the days of the "job work" mentality are thankfully waning, with more people looking to get satisfaction by making the world a better place, rather than just tolerating brain-numbing work to fund enjoyment elsewhere.
We caught up with Akshay on what he learned from his Tip'd Off journey, from the day he started it to the day it got acquired. While admittedly, it was a very hard decision for Akshay and his cofounders to sell Tip'd Off. They just couldn't let go of this opportunity of a successful exit, with their investors and employees in mind as well.