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Do Female Executives Drive Start-up Success?

diegobasch.com

11–20 of 44 posts

Re: Do Female Executives Drive Start-up Success?

#11
One thing that annoyed me (and it's typical of writing on gender and racial issues) is that he bends over backwards to state, effectively, "not that having women execs don't drive success". This hyper-careful threading brings to mind the famous Seinfeld "not that there's anything wrong with that" episode ("The Outing").

My approach in these matters is Bayesian: Do having female, black, Asian, Indian, etc. executives drive start-up success? The a priori probability I assign to this statement is 0.5, i.e. may or may not. I also employ the My Human Law of Large Numbers, i.e. any "large enough" human population (i) has a Gaussian distribution of any cognitive skill and (ii) the parameters of this distribution is pretty much independent of the particular population sample. I don't have solid proof of this principle and in certain subdomains it may be wrong (e.g. the great cognitive differences between men and women debate, etc.) but I doubt that population differences would be significant.

Now, armed with the simple Bayesian approach and the MHLLN, we can see that most of these articles are BS. The evidence to move the a priori value of 0.5 up or down should be substantial, e.g "extraordinary claims require extraordinary proof". I would be extremely surprised if any gender, racial, etc. factor would derive success of any size company.

Since the above analysis is rather trivial, one then has to ask why these things continue to be written. I think the motivation is usually benign: One sees the dearth of women in startups and wants to show that "it's a good thing". This approach, however, is misguided in that, by making silly arguments or sub-par statistical analysis, it hurts the cause due to the "the lady doth protest too much" effect: many people politely nod, but see through your sloppiness and internally become convinced of just the opposite cause (especially if they are inclined to do so, i.e. if the prior was less than 0.5).

A quote I like a lot is "To be ideological is to preconceive reality." These authors, rather than being objective, have already decided what their results will be and are just filling up the blanks.

Re: Do Female Executives Drive Start-up Success?

#12
Once again, this is the product of unclear thinking, not distinguishing between correlation vs. causation. This is not a hard concept to grasp, so I'm really disappointed in mankind that we let this mistake happen so often.

Since gender equality is such a hot and sensitive topic, I can see how it incentivized people to jump to such conclusions.

Re: Do Female Executives Drive Start-up Success?

#13
I couldn't give a shit less if someone is male or female: either they can help me code&sell and they can stomach startup life (which is not for everyone, and certainly not for me in the long run) or not.

Period.

Who hires sex/gender? Big companies and organizations. Startups hire specific people who can do specific things, and, quite literally, can't afford to give much of a shit about this stuff.

Re: Do Female Executives Drive Start-up Success?

#14
That kind of hokey abuse of statistics always gets me riled up. Just because cigar smokers are likely to live longer doesn't mean the habit extends longevity.

A more telling study might be to compare success rates of startups with all female teams, versus all male teams. Then at least you remove the bias of having success attract a more gender-diverse team. Although you'd probably need to correct for industry area, since I'm guessing females choose a different set of markets to go after, in aggregate.

Crappy logic aside, I actually do think the original claim that women boost startup success is probably true. It's super valuable having team members who understand 50% of the population (and ~85% of purchasers), and knowing your customers is critical.

Re: Do Female Executives Drive Start-up Success?

#15
post #11

One thing that annoyed me (and it's typical of writing on gender and racial issues) is that he bends over backwards to state, effectively, "not that having women execs don't drive success". This hyper-careful threading brings to mind the famous Seinfeld "not that there's anything wrong with that" episode ("The Outing"). My approach in these matters is Bayesian: Do having female, black, Asian, Indian, etc. executives…

If you believe the distribution of cognitive abilities to be orthogonal to race/gender, why set your a priori at 0.5? I may be misunderstanding (my stats knowledge is low) but it seems you see no reason a particular statement should be true, yet assume a fifty fifty chance that it is true.

Re: Do Female Executives Drive Start-up Success?

#16
Not to sound like a guy, but here goes. No.

Do male executives drive start-up success? No.

Do smart people drive start-up success? No.

Do great coders drive start-up success? No.

Do great salesman drive start-up success? No.

Does great funding drive start-up success? No.

Any or all of the above could in certain situations, but not all situations.

If you could mathematically model startup success, you'd probably end up with something that looks and feels a lot like the Google Search ranking algorithm. You'd have possibly hundreds of factors you might tweak up or down over time to try to best fit the data set, but ultimately it's not even close to a guarantee of relevance and it would require some hand tweaking of results at times to be "correct".

If someone could reliably define that you need so much of X, Y, Z factors to be the next Facebook, Google, Dropbox, or even Instagram, they would build a factory to build companies that print money. So far no company has truly built that yet.

Re: Do Female Executives Drive Start-up Success?

#17

I don't know about female executives, but female hackers are a pleasure to work with. I'm lucky to be working with two right now on Nuuton, and its just great. Very smart hackers without the testosterone driven need to prove themselves on every opportunity. They just work independently and give great feedback. They are a key driver of the success of Nuuton.

Seems like pretty stereotypical ways to view genders in the workplace. I've worked with women who are always trying to look good at someone else's expense. I've worked with men who work independently and give great feedback.

Gender has almost nothing to do with it. Your experiences are purely anecdotal.

Re: Do Female Executives Drive Start-up Success?

#18

Personally, I don't really give a hoot about the gender of who I work with - pleasing aesthetics are nice, but I'd work with Swamp Thing if he'd get the job done. I'm sure there's just as many well spoken, even-keeled men as there are women, and perhaps women do come out of this test better than men. Maybe because they have to work harder to overcome discrimination, maybe because they charm their way into the mainly…

See, it's statements like that which annoy women. What do "pleasing aesthetics" have to do with anything? Why do you even need to refer to that when you talk about women?

And then, just for good measure, the good old "she must've slept her way up the ladder" trope.

No, I can assure you, we (for the large majority, at the very least) have not "charmed our way into the work force". We've worked pretty damn hard to get there. We put up with a lot of bullshit, and yes, we (on average) put up with more bullshit than the average male dev.

Re: Do Female Executives Drive Start-up Success?

#19
post #11

One thing that annoyed me (and it's typical of writing on gender and racial issues) is that he bends over backwards to state, effectively, "not that having women execs don't drive success". This hyper-careful threading brings to mind the famous Seinfeld "not that there's anything wrong with that" episode ("The Outing"). My approach in these matters is Bayesian: Do having female, black, Asian, Indian, etc. executives…

If you believe the distribution of cognitive abilities to be orthogonal to race/gender, why set your a priori at 0.5? I may be misunderstanding (my stats knowledge is low) but it seems you see no reason a particular statement should be true, yet assume a fifty fifty chance that it is true.

Because there is equally no reason that the statement should be false.

Re: Do Female Executives Drive Start-up Success?

#20
post #17

I don't know about female executives, but female hackers are a pleasure to work with. I'm lucky to be working with two right now on Nuuton, and its just great. Very smart hackers without the testosterone driven need to prove themselves on every opportunity. They just work independently and give great feedback. They are a key driver of the success of Nuuton.

Seems like pretty stereotypical ways to view genders in the workplace. I've worked with women who are always trying to look good at someone else's expense. I've worked with men who work independently and give great feedback. Gender has almost nothing to do with it. Your experiences are purely anecdotal.

You are right.
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