Founder and CEO, Trish Costello, was recently featured in STAT News on her experiences in the male dominated venture capitalist industry and how Portfolia’s redesigned investment platform is activating women’s capital for impact and returns.
“And what I realized is that if we really want to change venture capital, if we really want to enhance the kind of companies that get funded, and if women want specific companies in the world that address their needs, the only way to do that is for women to become the investors,” Costello said.
“Even though I put some of the top women venture capitalists in the business, we didn’t really move the needle. And we still haven’t moved the needle in venture. And what I realized is that if we really want to change venture capital, if we really want to enhance the kind of companies that get funded, and if women want specific companies in the world that address their needs, the only way to do that is for women to become the investors,” Costello said.
“[Women] buy health care and services and products for themselves, their children, their husbands, their sons. … It really doesn’t matter if it’s male or a male or female problem. Women are usually the buyers,” Costello said.
Read the full article here.