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The Empowered Investor
  + stars: | 2023-10-12 | by ( Sharon Epperson | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Empowered InvestorAccording to recent statistics, 40% of angel investors are women. Combine this with a rising number of women-led startups, and the opportunities for investing by, and in, women are on the rise. Golden Seeds Co-Chief Executive Officer & Managing Partner, Jo Ann Corkran, and Laffer Tengler Investments CEO & CIO, Nancy Tengler, share how advisors can better position clients to take advantage of this growing women-led market opportunity.
Persons: Jo Ann Corkran, Nancy Tengler Organizations: Golden, Tengler
Recent indicators show that women are increasingly eager to put their money to work outside of traditional portfolio offerings. For instance, women accounted for 31.2% of angel investors in the first two quarters of 2022, a slight increase from 30.3% in the same period in 2021, according to a report by Jeffrey E. Sohl at the Center for Venture Research at the University of New Hampshire. This is "an encouraging sign that women angels are an increasing active segment in the angel market," especially as women are predicted to control the majority of the net worth in the U.S., the report said. If you have the money and inclination, angel investing is "a window to innovation across the economy," Jo Ann Corkran, co-CEO and managing partner of Golden Seeds, said Thursday at CNBC's Financial Advisor Summit. It doesn't depend on the market cycle and innovation is always happening, she added.
Persons: Jeffrey E, Sohl, Jo Ann Corkran Organizations: Center for Venture Research, University of New, Golden, CNBC's Financial Locations: University of New Hampshire, U.S
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