†P < 0.10, *P < 0.05, **P < 0.01, and ***P < 0.001. Standard errors in parentheses.
Effect on | Ln funding | Ln valuation | Perceived fit |
Founding CEO gender | −1.42*** | −2.34*** | −0.37*** |
Female = 1 | (0.30) | (0.35) | (0.11) |
Industry gender dominance | −0.06 | −0.68† | −0.08 |
Female dominated = 1 | (0.30) | (0.35) | (0.11) |
Entrepreneur * Industry | 1.83*** | 2.68*** | 0.48** |
Gender interaction | (0.43) | (0.50) | (0.15) |
Investor gender | −0.12 | −0.42 | −0.19 |
Female = 1 | (0.24) | (0.51) | (0.16) |
Investor age | 0.00 | −0.03 | −0.01† |
(0.01) | (0.02) | (0.01) | |
Investor years of experience | −0.01 | −0.01 | −0.03 |
(0.04) | (0.09) | (0.03) | |
Investor accreditation | 0.52* | −1.20* | 0.58*** |
(0.24) | (0.52) | (0.17) | |
Intercept | 10.78*** | 15.56*** | 5.91*** |
(0.52) | (1.06) | (0.34) | |
Marginal R2 | 0.08 | 0.08 | 0.16 |
Sample size | 130 | 130 | 130 |