10:57

Valerie McGinty | Founder @ Fund Her

From My First Million · Published Jul 6, 2018 · Watch on YouTube

TL;DR

Valerie McGinty, founder of Fund Her, recounts her journey from a childhood dog-walking business to launching a political action committee after the 2016 election. She highlights that the California State Legislature has only 22 women (down from 30 a decade ago) and that women overall are underrepresented in leadership, despite evidence that gender-diverse boards and legislatures outperform.

Key insights

  • The California State Legislature is comprised of just 22 women, a decrease from 30 a decade ago.
  • Women make 70 cents to a man’s dollar; for women of color it is as low as 54 cents.
  • Companies with at least 40% women on the board of directors outperform companies with fewer women.

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