Venture Capitalists Turn Backs on ‘Disgusting’ Mommy Products
Maybe they’re lactose intolerant. Four million Americans give birth every year, there’s a $700 million breast pump market and yet moms are largely stuck with one type of appliance to provide for their babies away from home. That’s traceable to vestigial sexism in the venture capital boys’ club: At least one female innovator reports enduring a potential investor calling her device “disgusting” and another watching porn during her pitch. The market remains fertile with disrupters — if only a few maternal-minded moneymen were willing to prime the pump.