susan lyne

Lyne relinquished her role as AOL brand CEO last month to start a venture fund that will invest in digital startups headed by women. Seeded by $10 million from AOL, the BBG Fund — which stands for Built By Girls — will make seed and Series A investments in the range of $100,000 to $200,000. Just 7% of venture capital funding goes to women-led companies, says Lyne, yet research shows that investors get, on average, a 34% higher ROI when they put their money behind women.
—  Susan Lyne is encouraging women, especially young women, to start their own tech companies, and she’s putting some serious cash behind it. (x)