Gender Gaps in Venture Capital Performance
研究了美国风险投资中女性投资者的投资成功率显著低于男性，原因并非能力不足，而是未能充分受益于同事的业绩记录，但在大型成熟公司或有其他女性投资者的公司中差距消失。
Abstract We explore gender differences in performance in a comprehensive sample of venture capital investments in the United States. Investments by female venture capital investors have significantly lower success rates than investments by their male colleagues when controlling for personal characteristics, including employment and educational history, and portfolio companies’ characteristics. The gender differences in investment outcomes are not due to female investors being less skilled but, rather, are largely attributable to female investors receiving less benefit from the track records of their colleagues. Performance differences disappear in older, larger firms and firms with other female investors. This supports the view that formal feedback mechanisms and hierarchies are potentially useful in ameliorating the female performance gap.