Chilean women leading venture capital

Although women are still underrepresented in the venture capital ecosystem, those who are already in this world are making a significant contribution. El Diario Financiero highlighted this work.

Magdalena Guzmán, executive director of the ACVC, was one of those interviewed. She stated that she does not believe there are differences between men and women when it comes to investing, but rather that they complement each other because they bring different perspectives, and "it could be said that as long as women are not incorporated into the industry, great opportunities may be lost. By 2028, women will account for 75% of discretionary spending worldwide, making them the most influential group in the world."

Another study by the Boston Consulting Group (BCG) indicates that women make or influence 80% of purchasing decisions, and according to Deloitte, 89% of everyday purchases are influenced by us. Brands that do not align themselves with the tastes, needs, and demands of that 89% of 'voters' will not be competitive," she added.

Meanwhile,Antonia Rojas, a partner at ALLVP, said that there is still much to be done, but progress has been made. "There are more and more funds in the region adding women, and the most exciting thing is to see new funds founded by women such as Screen Capital S.A., Amplifica Capital, and Gana Ventures, and others such as Maya Ventures, consolidating themselves within the region. This is a change that is not only important but fundamental to promoting the exchange of diverse ideas, different life experiences, and points of view. The more diverse the teams are, the more depth there is in the debates," she said.

"It is true that women find it more difficult to raise capital than men, partly because there are few female investors," saidEvelyn Von Bischhoffshausen, general partner at Kayyak Ventures. However, she assured that little by little, "communities have been created to encourage greater female participation." 

"The VC business not only requires analytical skills, as many people think, but also negotiation skills, interpersonal skills, and crisis management skills. So, I believe it is an industry that can be very favorable for both women and men," she emphasized.

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