This week in our WiCipedia roundup: Flexible work is a must-have for many women; Ada Ventures takes VC to a new level of equal opportunity; Telefónica raises ratio of women on board to 30% (and barely mentions it); and more.
Ireland's Pure Telecom completed a new survey which reports that flexible workplaces are a must-have for many women in the workplace. Irish Tech News summarized the findings, and explained that 45% of women who work in physical offices would leave their jobs for another that offered more flexibility, such as the option to work from home. That number jumped up to 57% for women in their 30s. While men also craved flexibility, it was at a much lower rate (33%) than their female counterparts. More than half of workers believe that they would be able to successfully do their jobs remotely, and would even take a small pay cut to be able to do so. (See WiCipedia: Lyft Assesses Diversity Growth & Melinda Gates Tackles Gender Imbalance.)
How's That Home Office Setup Looking?
Personally I prefer a standing desk...
Several new VCs have been in the news lately for their commitment to funding companies spearheaded by women and minorities, yet few are as daring (by conventional tech standards, at least) as Ada Ventures. The Evening Standard reports that the firm, which is named after Ada Lovelace, a pioneer in computer software innovation, focuses on extremely early-stage startups, those founded by "underserved groups including the ageing population, women and young people" and as well as startups based on more out-there concepts like sexual wellness and femtech. "Fundamentally, Ada Ventures is about true inclusion, and we will invest in anyone, no matter what they look like and where they come from," said Co-Founder Francesca Warner. Thus far, Ada has raised $27 million to reinvest in diverse and worthy companies. (See WiCipedia: Recruitment Gender Bias, VC Cash Stash & Making Better Decisions.)
In actual telecom news, Telefónica has taken a hard look at its 17-member board of directors' demographics and has restructured so that it's made up of 30% women. Two female directors replaced two male directors who were resigning, and several men were also promoted to higher positions on the board. While this would have been a good opportunity for the company to put out a statement on their commitment to diversity and equality, they only said, "Having a good corporate governance and a strong board of directors is key for the company," and thanked the two male board members who had resigned for their service. (See WiCipedia: Diverse Boards Are the Future & UK Gov't Deals With Online Abuse.)
Forbes released its list of the top 20 women in tech in 2019. Most of the names are synonymous with Silicon Valley's elite mega companies, such as Alphabet, Facebook and IBM, and two are even related (Susan Wojcicki of YouTube and Anne Wojcicki of 23andMe). However, there are also a few women from venture companies, which is an addition we were excited to see in the male-dominated space. We look forward to seeing the innovations these successful women and many others will make in 2020. (See WiCipedia: Power Suits & the Gig Economy Pay-Gap Surprise.)