European startups face an epic gender balance fail that rivals Silicon Valley.
Silicon Valley gets a deservedly bad rap for its attitudes toward women in tech and for their lack of representation among startups and venture capital firms.
It turns out, Europe’s startup aren’t much better. Even more problematic, it seems, is that European entrepreneurs think they’re doing a great job with gender balance, which means they are oblivious to reality.
That is one of the conclusions from the sweeping “State of European Tech 2017” report released today by Atomico at the Slush tech conference in Helsinki, Finland. Recognizing and addressing this profound gender balance is one of the key challenges Europe’s tech ecosystem must overcome if it’s going to continue its momentum, according to the report’s author, Tom Wehmeier, a partner and head of research at Atomico.
“It’s clear that for tech in Europe, like everywhere, there is a serious imbalance between men and women,” he said.
failure meaning in bengali European startups face an epic gender balance fail that rivals Silicon Valley | |
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