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Seattle Investor On His First Year Of Only Backing Startups With Female Founders

Courtesy of Jonathan Sposato
Investor Jonathan Sposato only backs comapnies with at least one female co-founder.

It’s no secret that gender equality is an issue for the tech and startup world. According to the tech data firm, CrunchBase , only about 15 percent of U.S. startups that received investor funding from 2009 to 2015 had at least one female founder.

That disparity has always rankled Seattle-based venture capitalist and Geekwire Chairman Jonathan Sposato. Nearly a year ago, Sposato was giving the keynote lecture at the annual Seattle Angel Conference for individual investors when he made an off-hand comment that changed everything. Sposato declared he would only invest in companies that had at least one female co-founder.

A year later, Sound Effect host Gabriel Spitzer talks to Sposato about what prompted that decision and whether he's stayed true to his words.

Gabriel Spitzer is a fill-in reporter, producer and host who previously covered science and health and worked on the KNKX show Sound Effect.
Sound Effect producer Allie Ferguson has been making radio for nearly 5 years. She got her start at KUOW and has since traveled the country working for national news shows including WNYC's The Takeaway and NPR's Weekend All Things Considered. Allie won a 2016 Gracie Award, which celebrates women in media, for her work at KUOW. She enjoys telling surprising stories about passionate people.