We’re doing the same thing for female founders. We fund more female founders than VCs do, and we help them to overcome the bias they’ll encounter among other investors. In the current YC batch, 16 out of 68 companies, or 24%, have female founders. That’s almost twice the rate at which VCs fund such companies. ~ Paul Graham.
I guess Paul had to explain himself after being accused of saying things against female founders, good call.