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Vast majority of paper millionaires in Silicon Valley are men

San Francisco | With companies like Uber Technologies, Slack Technologies, and Pinterest going public this year, the question has been: How many millionaires will Silicon Valley mint? What's not being asked is how much of that new wealth will go to women.

The answer, according to a new study, is: not much. Carta, an equity management platform, crunched data from over 300,000 employees at more than 10,000 companies, and found four out of five paper millionaires are men.

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    Original URL: https://www.afr.com/work-and-careers/workplace/vast-majority-of-paper-millionaires-in-silicon-valley-are-men-20191105-p537f1