Does Investor Gender Matter for the Success of Female Entrepreneurs? Gender Homophily and the Stigma of Incompetence in Entrepreneurial Finance

The authors extend their thanks to Senior Editor Olenka Kacperczyk and two anonymous reviewers for their valuable feedback and support throughout the review process. The paper also benefited from the insights of John-Paul Ferguson, Martin Gargiulo, Phanish Puranaman, Chris Rider, and Stefan Thau, as well as seminar participants at INSEAD, ESSEC Business School, Imperial Business School, and the Wharton School. Special thanks to Elizabeth Sheprow for her research assistance, and Andrew Hafenbrack, Greg Boyd, Jerry Guo, Monique Matosian-Barucha, Kelly Nault, and Graham Overton for lending their acting talents to science. Kaisa Snellman and Isabelle Solal contributed equally to the manuscript. Earlier versions were presented at INSEAD’s Doriot Entrepreneurship Conference, Wharton’s People and Organizations Conference, and the Academy of Management Conference in Boston. Data were obtained thanks to an academic research license granted by Crunchbase.com.