Only a Fraction of U.S. IPOs Have Female Founders
Last month, Bumble’s founder and CEO Whitney Wolfe Herd became the youngest female CEO to take a company public in America.
Herd’s achievement generated a lot of buzz, and for good reason—since 2013, fewer than 1% of U.S. companies to go public have been female-led. In other words, Herde has hit a milestone that only about 18 other women in the U.S. have achieved in the last decade.
Using data from Insider, this graphic looks at the number of female-led IPOs in America since 2013.
A Decade of U.S. IPOs
In 2020, four women took their companies public. While that’s double the amount in 2019, it’s still only a drop in the bucket compared to the hundreds of companies that went public with male founders last year.
|Year||All Companies that went Public||Companies with a Female Founder / CEO|
Interestingly, three of the four companies in 2020 were in the biotech and pharmaceutical industries:
- Annovis Bio Inc (ANVS), founded by Maria L. Maccecchini, develops drugs for neurodegeneration diseases like Alzheimer’s and Parkinson’s
- Ayala Pharmaceuticals (AYLA), founded by Roni Mamluk, is a clinical-stage oncology business focused on rare cancers
- Athira Pharma (ATHA), founded by Leen Kawas, is a therapeutics company focused on Alzheimer’s disease
The fourth company, Amesite (AMST), founded by Ann Marie Sastry, develops AI software for learning institutions.
Important Note on Methodology
It’s important to note that this list excludes companies that went public with a female CEO who wasn’t an original founder.
However, Insider points out that even those figures are relatively small—only 9 extra companies would have made the list in 2020 if that was the case.
» Like this? Then you might enjoy this article The Top Female Founder in Every Country
Can You Calculate Your Daily Carbon Footprint?
Discover how the average person’s carbon footprint impacts the environment and learn how carbon credits can offset your carbon footprint.
Your Everyday Carbon Footprint
While many large businesses and countries have committed to net-zero goals, it is essential to acknowledge that your everyday activities also contribute to global emissions.
In this graphic, sponsored by Carbon Streaming Corporation, we will explore how the choices we make and the products we use have a profound impact on our carbon footprint.
Carbon Emissions by Activity
Here are some of the daily activities and products of the average person and their carbon footprint, according to Clever Carbon.
|Household Activities & Products||CO2 Emissions (g)|
|💡 Standard Light Bulb (100 watts, four hours)||172 g|
|📱 Mobile Phone Use (195 minutes per day)*||189 g|
|👕 Washing Machine (0.63 kWh)||275 g|
|🔥 Electric Oven (1.56 kWh)||675 g|
|♨️ Tumble Dryer (2.5 kWh)||1,000 g|
|🧻 Toilet Roll (2 ply)||1,300 g|
|🚿 Hot Shower (10 mins)||2,000 g|
|🚙 Daily Commute (one hour, by car)||3,360 g|
|🍽️ Average Daily Food Consumption (three meals of 600 calories)||4,500 g|
|*Phone use based on yearly use of 69kg per the source, Reboxed|
Your choice of transportation plays a crucial role in determining your carbon footprint. For instance, a 15 km daily commute to work on public transport generates an average of 1,464 g of CO₂ emissions. Compared to 3,360 g—twice the volume for a journey the same length by car.
By opting for more sustainable modes of transport, such as cycling, walking, or public transportation, you can significantly reduce your carbon footprint.
Addressing Your Carbon Footprint
One way to compensate for your emissions is by purchasing high-quality carbon credits.
Carbon credits are used to help fund projects that avoid, reduce or remove CO₂ emissions. This includes nature-based solutions such as reforestation and improved forest management, or technology-based solutions such as the production of biochar and carbon capture and storage (CCS).
While carbon credits offer a potential solution for individuals to help reduce global emissions, public awareness remains a significant challenge. A BCG-Patch survey revealed that only 34% of U.S. consumers are familiar with carbon credits, and only 3% have purchased them in the past.
About Carbon Streaming
By financing the creation or expansion of carbon projects, Carbon Streaming Corporation secures the rights to future carbon credits generated by these sustainable projects. You can then purchase these carbon credits to help fund climate solutions around the world and compensate for your own emissions.
Ready to get involved?
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