Women Leaders Discuss Barriers to Venture Capital
On February 26, the Capitalista Collective Club at Cornell University hosted “Barriers to Venture Capital,” a panel discussion dedicated to exploring the challenges women face in the venture capital industry. The event brought together seasoned investors and industry leaders to share their experiences, insights, and strategies for breaking into the field. Aspiring investors and students from various colleges at Cornell engaged in a dynamic conversation about the evolving landscape of venture capital and ways to foster inclusiveness in the industry.
A platform for dialogue and inspiration
Speakers attended virtually with the event moderated by Aija Leiponen, professor of strategy and business economics. Participants include:
Yasmeena Faycurry, senior associate at 645 Ventures
Heather Henyon, MBA ’03, founding partner at Mindshift Capital
Carolina Huaranca Mendoza, general partner at First Close Partners
Anne F. Kennedy ’99, managing director with Mastersfund
The panelists shed light on their career paths, the hurdles they have overcome, and the skills required to thrive in venture capital. The discussion covered essential topics such as fundraising challenges, investment decision-making, and hiring for areas outside one’s expertise.
Key takeaways
Navigating the path into venture capital: Panelists reflected on their diverse journeys into venture capital, emphasizing that there is no single path to entering the industry. Some transitioned from investment banking or consulting, while others built operational experience in startups before moving into venture capital. The speakers advised students to develop strong analytical skills, build expertise in specific industries, and cultivate relationships within the investment ecosystem.
The realities of working in venture capital: A typical day in venture capital, as described by the panelists, includes evaluating startups, conducting market research, supporting portfolio companies, and meeting with entrepreneurs. Panelists spoke about the challenges of the industry, including high-risk decision-making, fundraising, and the underrepresentation of women in investment roles.
The importance of networking and mentorship: Panelists highlighted the critical role of networking in securing a venture capital role and advancing within the industry. They encouraged students to seek mentorship, attend industry events, and connect with investors on professional platforms. Building relationships with founders, investors, and peers is an essential factor in creating career opportunities.
Trends and the future of venture capital
The panelists highlighted the growing emphasis on innovation, sector-specific investments, and emerging technologies. They also explored evolving market dynamics and the increasing recognition of diversity in investment decisions. The conversation touched on the importance of expanding opportunities for underrepresented founders and how firms are adapting their strategies to support a more inclusive and sustainable investment landscape.
A community committed to change
The event fostered meaningful connections between students and industry professionals. Attendees engaged in a question-and-answer session, followed by networking over pizza. The event underscored the need for continued efforts to bridge the gender gap in venture capital and support aspiring female investors.
About the Capitalista Collective Club
Founded by Thrisha Gogineni, the Capitalista Collective Club is dedicated to empowering women interested in venture capital and private equity. Through panel discussions, mentorship programs, and networking events, the club provides a platform for aspiring investors to connect, learn, and grow within the industry.
“Barriers to Venture Capital” was a testament to the power of dialogue, mentorship, and community in shaping a more inclusive investment ecosystem. Such conversations are essential in ensuring equitable opportunities for all aspiring investors. For more information about upcoming events and initiatives, connect with the Capitalista Collective Club.
About the author
Thrisha Gogineni ’28 is a freshman in the Charles H. Dyson School of Applied Economics and Management in the Cornell SC Johnson College of Business. She is the founder and president of the Capitalista Collective Club and is actively involved in venture capital and private equity initiatives. Gogineni has experience evaluating startups through How Women Invest and is passionate about empowering more women to enter the venture capital space.