Facebook and GIT Presents Lessons Learned: Overcoming Our Mistakes

Global Girls in Tech, GIT NYC and Facebook partnered up on an amazing event on May 14, 2013. we’ve gathered at Facebook HQ in NYC. we’ve had over 250 RSVP with 95% female and 5% male audience. The discussions was candid and informative.

Facebook and GIT Presents “Lessons Learned: Overcoming Our Mistakes”

We always seem to view our role models as if they’ve made perfect choices every step of the way. If only that were really true! Join Facebook and Girls in Tech for happy hour and a discussion with a few senior tech women on the biggest career mistakes they thought they made, how they overcame those mistakes, and what lessons they learned.

Tuesday, May 14th
Facebook NY
335 Madison Ave 17th floor
New York NY 10017
(cross street is 43rd and Madison Ave, next to Grand Central Station)

*Light refreshments will be served
Girls in Tech (GIT) is a social network enterprise focused on the engagement, education, and empowerment of professional and influential women in technology. As women with the capacity to inspire, we made it our personal desire and passion to create and sustain an organization that focuses on the collaboration, promotion, growth and success of women in the technology and entrepreneurs sector.

Launched in 2007, Girls in Tech has organically grown to 35 active chapters in North America, South America, Europe, Asia, Africa and the Middle East.

Bethany Sumner -Engineer, Kickstarter


Goranka Bjedov – Capacity Software Engineer – Facebook
Nikki Stevens- director of engineering at Refinery 29
Catherine Hui- Head of Technology for Bloomberg’s Tradebook Equity group
Amanda J. Stent- AT&T Labs research


Women-Owned Businesses Played a Major Role Throughout The Economic Recovery

The Third Annual State of Women-Owned Businesses Report, Commissioned by American Express OPEN, Examines U.S. Census Data to Update and Expand on 2011 and 2012 Studies included. Women-owned firms have maintained a steady pace of growth, higher than the national average, despite recent economic uncertainty. As of 2013, it is estimated that there are more than 8.6 million women-owned businesses in the United States, generating nearly $1.3 trillion in revenues and employing 7.8 million people as stated in the annual study, now in its third year;
·         The rate of growth in the number of women-owned enterprises over the past 16 years remains higher than the national average. Between 1997 and 2013, the number of women-owned businesses grew at 1-1/2 times the national average;
·         Since 1997, the growth in economic clout, or a combination of growth in the number, employment and revenues of businesses, by firms owned by women of color is nothing short of outstanding. Sixteen years ago there were just under one million firms owned by women of color, accounting for one in six women-owned businesses. That number has jumped to an estimated 2,677,700 as of 2013, now more than one in three women-owned businesses;
·         The fastest growth in the number of women-owned firms over the past 11 years  has been in education services (up 113%), administration and waste services (up 58%), health care and social assistance (up 45%), and transportation and warehousing (up 40%).

The states with the fastest growth in the number of women-owned firms during the past 16 years, compared to a 59% increase nationwide, are:

1. Georgia (112%)
2. Texas (93%)
3. North Carolina (91%)
4. Louisiana (94%)
5. Nevada (84%)

The states with the lowest growth in the number of women-owned firms between 1997 and 2013 are:

1. Alaska (12%)
2. West Virginia (23%)
3. Iowa (23%)
4. Ohio (27%)
5. Kansas (27%)

The metropolitan areas with the highest combined economic clout for women-owned firms, taking into consideration the growth in number of firms, revenue and employment, are:

1. San Antonio, TX
2. Portland, OR
3. Houston, TX
4. Riverside, CA
5. Washington, DC/MD/VA

Check out the full report here
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Women Entrepreneurs: Pitch your idea

Article repost from Huffpost Technology here

Tell your story and be bold is my motto.

As entrepreneurs, innovators, and simply ideators, you must keep pushing the envelope. Perseverance and creativity are the name of the game. A recent Wall Street Journal study and article, “Women Executives Make Venture-backed Companies More Successful,” finds that “Venture-backed companies that include females as senior executives are more likely to succeed than companies where only males are in charge.”

Whether you are bootstrapping or pitching to get VC/angel investors, you must keep in mind two things about your business pitch: keep your story simple and sweet. I’ve been asked lately about what the top “must haves” for women are when pitching their businesses and/or ideas. There have to be some formulas for success, right? As women in a male-dominated industry, we should be sharing these trade secrets with each other!

Do women pitch differently than men? What makes our style different from men? The answer would be there are no gender differences in pitching your idea to an investor. Bottom line: whether you are men or women, you must do your due diligence in understanding your product and services. Only then can you know how your VCs/audience will see or react to your pitch, and you can effectively make persuasive arguments to cater to them.

One thing to understand is that you will undoubtedly get the door shut in your face. In fact, I’ve chatted with one entrepreneur who said, “I’ve pitched to over 25 VCs and they all said no.” I would say to do your homework! Learn about who the VCs you’re pitching to are. One size doesn’t fit all! You must know who they are and if they’ll even give your business model a glance so that you can strategize. Lastly, never give up!

With that in mind, here are my top 5 must-haves.

How to Pitch Your Ideas


1. What is your idea? Explain and elaborate about your concept
2. Why will this idea work? Explain your inspiration and the data to back it up
3. Who are your competitors? Or is there a similar concept?
4. How would this idea make your consumer’s life easier over your competitors? The next question would be how you get your Return of Investment(ROI)–you have to explain the benefits!
5. When will this launch? Explain your launch milestones and strategy behind them

I would love to hear your stories of your successful pitches! Tell me about your top advice to all of the entrepreneurs out there who are ready to tell their story in the comment section.

Check out the full study here by Dow Jones VentureSource

Follow Ivo @MsSonicFlare 

The Importance of Mentorship in STEM educations

In The last months, we’ve been working closely with the U.S. Dept of State in the Techgirls/Girls in tech Mentorship programs initiative. Excited about the partnership and we will be in D.C. July 16th to share more about the mentorship programs with 27 women from eight middle eastern countries and palestinian territories. Ivo Lukas, Chief Innovation Officers & Global exec for mentorship programs will be in Charge of the engagement. To learn more about the initiative, check out the press release here. Join Ivo Lukas in the conversation would be Yahoo, Microsoft, Legacy executives and more. To learn more more, email ivo.lukas@hotmail.com

From June 25 – July 18, these tech-savvy teenagers from Algeria, Egypt, Jordan, Lebanon, Libya, Morocco, the Palestinian Territories, Tunisia, and Yemen will engage with their American counterparts in the classroom and the community, working on their technical development and leadership skills. They will participate in an iD TechCamp, an interactive technology and computer camp, at Towson University; meet with leading U.S. technology companies in Washington, DC, and New York, NY; and take part in community service activities. The TechGirls will be also be mentored by representatives from top technology companies, making important personal contacts and expanding their networks to compete equally in an often male-dominated field.

Working to ensure a diverse experience, the Department has teamed up with several private sector partners, including: 24Notion, ALIVE!, Inc., AT&T, Bully Pulpit Interactive, Code4Charity, the DC Digital Divas Dinner, DoSomething.org, Facebook, George Washington University School of Public Health and Health Services, Girls in Tech, Girls Who Code, Google, OhMyGov Inc., Precision Network, Relief International, TechChange, Women Innovate Mobile, Yahoo!, and Verizon Communications. The State Department is also pleased to collaborate with the White House, Congresswoman Suzanne Bonamici (D-OR), Congresswoman Susan Davis (D-CA), and the Federal Communications Commission for the TechGirls program.

Follow Ivo Lukas @MsSonicFlare