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EVENT DETAILS |
We talk a lot about the lack of women in technology. Whats keeping them out? The Lady Problem Global Hackathon Series, presented by AngelHack, is launching in a city near you!
The aim of the Lady Problems Global Hackathon Series is to create technology that will address the roadblocks that prevent female entrepreneurship. Women and men will hack together for 24 hours in an effort to build creative solutions to this long standing problem.
Why is this an issue?
Women represent half of the global population, reinvest 90% of their income into their families and communities, but earn just 10% of the worlds income. Studies have shown that advancing womens equality can add between $12-28 trillion to global economic growth. According to UN Women, companies with 3 or more women in senior management functions score higher in all dimensions of organizational effectiveness, yet just 4% of Fortune 500 companies are led by women.
In startup-land, youll find the same results. First Round Capitals analysis of 300 portfolio companies over ten years showed that startup teams with at least one female founder performed 63% better than all male teams, yet around only 4% of women are backed by VC funding.
Its proven that investing in women creates a better world, and yet theyre not even close to meeting their potential. So what can we do to solve these problems?
The Mission
The Lady Problems Global Hackathon Series, presented by AngelHack, is setting out to answer that question. Were challenging our global community of 100,000+ women and men, developers, designers, entrepreneurs, proven barrier-breakers and problem-solvers, to help us address these challenges.
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