Quote Info

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.

Fortune

More Tech Services Stats

The boom in the industry is creating more jobs for techies. Data reveals there were 627,000 unfilled positions in tech in April 2017

If your Net Revenue Churn is high (above 2% per month) it is an indicator that there is something wrong in your business

In 2020, China is expected to generate 55 billion U.S. dollars in the global medical technology market.

The median SaaS business generates 16% of its new Annual Contract Value (ACV) from upselling to existing customers

The fastest growing SAAS companies averaged $250k in MRR and were only losing around 3.2% of that revenue each month to churn

Improve Your Pricing Schedule And Turn More Profit

Analyzed by contract value, field sales are primarily evident for companies with median deals over $25K. Inside sales strategies are most popular for companies with $1K-$25K median deal sizes

Even if a software company is growing at 60% annually, its chances of becoming a multibillion-dollar giant are no better than 50/50

Three uses for the SaaS Guidelines

Internet Sales strategies have a significantly lower CAC of just $0.42

More Culture Stats

Women in western countries use the internet 17 percent more than their male counterparts

At Twitter, 10 percent of tech roles are staffed by women

A University of Texas study showed that women ask for $7,000 less than their male counterparts in job interviews

At Facebook, 15 percent of tech roles are staffed by women

The venture-backed companies that were acquired most often had a 7 percent share of female execs, as opposed to 3 percent at unsuccessful (unacquired) firms

Google only has a 30 percent female workforce

47% of millennials want to work at diverse companies, according to a recent study.

in 2016, women-led companies received $1.46 billion in investments from venture capitalists. Male-led companies, on the other hand, received $58.2 billion

It’s been reported that women who work in computer and mathematical fields earn 80 cents to the dollar that men earn doing the same job

The boom in the industry is creating more jobs for techies. Data reveals there were 627,000 unfilled positions in tech in April 2017