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Investor to Focus on Women-Led Firms


Seattle entrepreneur and angel investor Jonathan Sposato said recently that he’ll only invest in startups that have at least one woman founder. Jonathan, GeekWire chairman and PicMonkey CEO, says the fact that women-led companies have a harder time raising money is a disturbing trend, reported GeekWire. The problem is that investors everywhere tend to “pattern-match” to Silicon Valley, making it relatively easy for a firm with three young men with computer science backgrounds and experience at companies like Facebook or Amazon to raise money. [GW]