IDC European Woman in Venture Capital

EUROPEAN WOMEN IN VC IDC #EUR148997722 © IDC 2022 56 LIMITATIONS TO THE RESEARCH Limitations to the Research This work sheds light on a different aspect of how diversity impacts the VC sector and aims to address issues that may help to decrease this inequality. At the same time, there are limits to what can be researched and the data that is available. Several limitations are worth highlighting: • Dealroom.co combines machine learning and data engineering with verification processes and a strong network of ecosystems. Data from Dealroom.co as such is vast and extensive, but not complete on aspects such as gender data. • As there was a strict criterion to include only VCs with a minimum of €25M AuM, data on the CEE and Baltics is limited, as these tend to have smaller VC firms. In addition, there were no survey responses from Poland, Slovenia, Slovakia, Croatia and Malta.  • Small changes at the top (1 female GP at a large fund) can make a major difference.  • The data on access to funding gives an indication of what this balance looks like at the moment. At the same time, it may still be that there is an imbalance in the actual carried interest for male GPs and female GPs. For example, the share of profits earned by male general partners can be higher or lower than a female’s share of profits. This is not public information and not further detailed in this research.  • Be aware that response was provided on a voluntary basis, and that those with an interest in gender balance are more likely to respond to survey requests than those who are not interested.