Women venture capitalists underperform men, say Harvard academics

By Sarah McBride SAN FRANCISCO (Reuters) - Women venture capitalists underperform their male counterparts by some 15 percent, according to a new Harvard University study, but the performance differences have narrowed over time and in firms that employ more than a single female venture partner. “We find that female venture capitalists significantly underperform their male colleagues,” wrote Paul Gompers, Vladimir Mukharlyamov and Yuhai Xuan of Harvard and Emily Weisburt of the University of Texas at Austin in their study, “Gender Effects in Venture Capital.” They blamed the performance difference in part on a lack of mentoring by male colleagues.

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