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bongomuffinAugust 11, 2024

esults are — to me, they’re very interesting. So, first of all, for example, we found that women actually started their businesses with significantly lower capital investments. And they were also very much concentrated in the East and in California. And in terms of industry too, they were very much concentrated, in like clothing, millinery, shoemaking, those areas as well. And even more interestingly, I think, we found that women entrepreneurs or [manufacturing] business owners hired more women compared to their male counterparts. And at the same time, they also paid them significantly higher wages. So that could suggest that increased female entrepreneurship or business ownership can expand opportunities for other women in the labor market.

Bonobos would run women dominated businesses