Unscripted w/ @jrichlive and Tiffany Luck ft. Julia Boorstin | Summary and Q&A

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January 13, 2023
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GGV Capital U.S.
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Unscripted w/ @jrichlive and Tiffany Luck ft. Julia Boorstin

TL;DR

CNBC reporter Julia Boorstin shares insights from her book on the rise of female founders and their unique leadership qualities.

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Key Insights

  • 🕵️‍♀️ Female founders bring authenticity and unique problem-solving approaches to their leadership styles.
  • 🥹 Empathy, vulnerability, gratitude, and communal leadership are common qualities found among female leaders.
  • 🧔‍♀️ Women are more likely to found purpose-driven companies with a social or environmental impact.
  • 🥺 Diversity in leadership leads to increased intelligence and better decision-making.
  • 🕵️‍♀️ Mentorship from both male and female leaders is essential for fostering opportunities for women in the startup industry.
  • 😤 Early-stage diversity is crucial to avoid challenges in hiring and growing diverse teams.
  • 👩‍🔬 Investing in women is a smart financial opportunity, backed by research on the outperformance of female-led companies.

Transcript

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Questions & Answers

Q: How did Julia Boorstin's experience with CNBC's disrupter 50 list lead to her writing the book "When Women Lead"?

Boorstin noticed the increasing presence of women in the startup scene and their unique approaches to problem-solving, which inspired her to tell their stories and explore their leadership styles in her book.

Q: What are some common qualities found among female founders according to Boorstin's research?

Boorstin found that female founders often lead with authenticity, empathy, vulnerability, gratitude, and a focus on purpose-driven companies. They also value communal leadership and diverse perspectives.

Q: Why is it important for men to be allies and mentors for women in the startup industry?

Boorstin emphasizes the value of mentorship, highlighting the need for female founders to have both male and female mentors who can provide different perspectives and opportunities for sponsorship. Men can also benefit from embracing diverse leadership styles and challenging traditional stereotypes.

Q: How can investors and companies create a more level playing field for women in entrepreneurship?

Boorstin suggests framing investing in women as a financial opportunity rather than a philanthropic endeavor. She also recommends ensuring diversity at the early stages, both in terms of employees and at the cap table, to avoid challenges in hiring and growing a diverse team later on.

Summary & Key Takeaways

  • Julia Boorstin discusses her background as a tech and media reporter and her passion for covering disrupter startups.

  • She noticed a growing number of women entering the startup scene and wanted to understand their success despite being a minority.

  • Boorstin interviewed 120 female founders and found commonalities like authenticity, empathy, vulnerability, gratitude, and communal leadership in their leadership styles.

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