Women-led companies have historically performed three times better than those with male CEOs

You’ve heard that companies with women executives at the helm tend to perform better than those led by men and a new study furthers that claim, finding that women CEOs in the Fortune 1000 drive three times the returns as S&P 500 enterprises run predominantly by men.

Quantopian, a Boston-based trading platform based on crowdsourced algorithms, pitted the performance of Fortune 1000 companies that had women CEOs between 2002 and 2014 against the S&P 500’s performance during that same period. The comparison showed that the 80 women CEOs during those 12 years produced equity returns 226% better than the S&P 500. (Global nonprofit women’s issues researcher Catalyst compiled the list of women CEOs used in the simulation.)

“It’s based on a buy-and-hold strategy aimed at looking at how well women CEOs have performed cumulatively,” says Karen Rubin, Quantopian’s product manager. She says she is now working with Morningstar to create an algorithm for a fund built on the same premise using real-time data for live trading.

Tech Services Stats

• The median average contract length is 1.3 years and the average billing term is seven months in advance in 2016. Comparable to 2015, with average contract length shortening from 1.5 to 1.3 years and average billing period increasing by one month from 2015 to 7 months
• The largest SaaS companies (>$75million yearly revenue) attribute 2.5x as much new revenue to upselling than the smallest SaaS companies (<$1.25million): 28% versus 11%
• 47% of millennials want to work at diverse companies, according to a recent study.
• If a software company grows at 20% annually, it has a 92% chance of ceasing to exist within a few years
• 83% of China’s digital shoppers made an online purchase in the past month
• Growth rate accelerates in the expansion stage ($2.5M – $10M ARR)
• Between the SMB and Enterprise customer types, the top-quartile performers not only have net-revenue churn that is 14% to 23% percentage less than the average performers but also have net-revenue churn that is negative in an absolute sense
• SaaS organizations are now operating in over 100 countries
• In 2017, the global adoption rate for biotech soybean amounted to 77 percent.