During the COVID-19 pandemic in 2020, female founders around the world were surveyed in an attempt to gain insight regarding the unique struggles they have faced. These founders reported on their biggest challenges, and whether or not they were currently engaged in fundraising. The biggest reported challenge was customer acquisition, and this was true for founders who were engaged in fundraising as well as those who were not. Only 12.5 percent of founders who were engaged in fundraising struggled with finding product-market fit, while 28.7 percent of founders who were not engaged in fundraising struggled with the same issue.
Leading challenges faced by female startup founders during the coronavirus (COVID-19) pandemic globally in 2020, by fundraising status
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500 Startups. (May 7, 2020). Leading challenges faced by female startup founders during the coronavirus (COVID-19) pandemic globally in 2020, by fundraising status [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1206479/female-founders-challenges-during-pandemic/
500 Startups. "Leading challenges faced by female startup founders during the coronavirus (COVID-19) pandemic globally in 2020, by fundraising status." Chart. May 7, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1206479/female-founders-challenges-during-pandemic/
500 Startups. (2020). Leading challenges faced by female startup founders during the coronavirus (COVID-19) pandemic globally in 2020, by fundraising status. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1206479/female-founders-challenges-during-pandemic/
500 Startups. "Leading Challenges Faced by Female Startup Founders during The Coronavirus (Covid-19) Pandemic Globally in 2020, by Fundraising Status." Statista, Statista Inc., 7 May 2020, https://www.statista.com/statistics/1206479/female-founders-challenges-during-pandemic/
500 Startups, Leading challenges faced by female startup founders during the coronavirus (COVID-19) pandemic globally in 2020, by fundraising status Statista, https://www.statista.com/statistics/1206479/female-founders-challenges-during-pandemic/ (last visited December 22, 2024)
Leading challenges faced by female startup founders during the coronavirus (COVID-19) pandemic globally in 2020, by fundraising status [Graph], 500 Startups, May 7, 2020. [Online]. Available: https://www.statista.com/statistics/1206479/female-founders-challenges-during-pandemic/
