If you’re a female entrepreneur, it might be worth trying crowdfunding, according to international researchers. The team used data from three Dutch crowdfunding platforms, looking at how long it would take for 934 business loan campaigns to be successful. They found female entrepreneurs have a 20% shorter campaign completion time compared to male entrepreneurs, while couples do not differ from males. Further analysis found that when crowdfunding, female entrepreneurs don’t have the same disadvantages they face in traditional lending channels – such as worse credit conditions and the need to pledge higher amounts of collateral. Herding behaviour by investors seems to benefit female entrepreneurs most, the team adds.
