Companies with women at the helm post revenue gains

04/28/2011 | Wall Street Journal, The

Companies founded by women or that have female CEOs are thriving, according to a report from the Women Presidents' Organization. Firms led by women had average revenue of $82.7 million in 2010, up from $45 million the previous year, despite continuing signs that female bosses struggle to attract investment capital compared with their male counterparts. Winning "venture capital and equity investors is a networking process, and it's harder for women to get into that network," said WPO founder Marsha Firestone.

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