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Expand chart
Icons by Gan Khoon Lay via the Noun Project; Chart: Lazaro Gamio / Axios

Over 91% of decision-makers at U.S. venture capital firms are men, according to a new Axios analysis.

The upside: The nearly 9% mark for women is an increase from 7% at this time in 2017 and from 5.7% in 2016.

The downside: It's still single-digit territory, despite a year of heavy emphasis on the venture industry's gender imbalance.

The methodology: PitchBook provided a list of all U.S.-based VC firms that had raised at least one fund of at least $100 million between 2013 and 2017. We then examined the firms' websites to determine the decision-making level of investment management, sometimes using supplemental information like SEC filings. We excluded administrative staffers (COO, CFO, IR, marketing, etc.). In short, we were looking for people who can write checks.

Specific numbers: We found 91 of 1,015 decision-makers at 232 U.S.-based VC firms were were women, compared to 72 out of 1,019 last year at 227 firms. Remember that the sample changes a bit, due to a different 5-year fundraising period.

Go deeper

Schumer: Trump impeachment trial to start week of Feb. 8

Senate Majority Leader Chuck Schumer. Photo: The Washington Post via Getty

The Senate will begin former President Trump's impeachment trial the week of Feb. 8, Majority Leader Chuck Schumer announced Friday on the Senate floor.

Why it matters: Trump is the only president in U.S. history to be impeached twice. The House voted to impeach the former president on Jan. 13 on a single charge: incitement of insurrection for the Jan. 6 breach of the U.S. Capitol, which resulted in five deaths.

1 hour ago - Health

CDC extends interval between COVID vaccine doses for exceptional cases

Photo: Joseph Prezioso/AFP via Getty

Patients can space out the two doses of the coronavirus vaccine by up to six weeks if it’s "not feasible" to follow the shorter recommended window, according to updated guidance from the Centers for Disease and Control and Prevention.

Driving the news: With the prospect of vaccine shortages and a low likelihood that supply will expand before April, the latest changes could provide a path to vaccinate more Americans — a top priority for President Biden.

Texas AG sues Biden administration over deportation freeze

Texas Attorney General Ken Paxton speaks to members of the media in 2016. Photo: Alex Wong/Getty Images

Texas Attorney General Ken Paxton is suing the Biden administration in federal district court over its 100-day freeze on deporting unauthorized immigrants, and he's asking for a temporary restraining order.

Between the lines: The freeze went into effect Friday, temporarily halting most immigration enforcement in the U.S. In the lawsuit, Paxton claims the move "violates the U.S. Constitution, federal immigration and administrative law, and a contractual agreement between Texas" and the Department of Homeland Security.

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