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This study examines three key aspects of entrepreneurship associated with women business owners and their ability to achieve high growth: debt versus equity financing, growth expectations, and industry gender distribution. We present a number of theoretical lenses spanning disciplines such as gender studies, entrepreneurship, social psychology, and finance. Using longitudinal data from U.S. startups over an eight-year period, our research reveals a number of interesting findings. We find that, proportionally, high-growth women entrepreneurs are more likely to finance their growth with personal and business equity funding. Additionally, women-owned firms in “feminine industries” are more likely to achieve high growth than women-owned firms in “non-feminine industries.”
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