Workday had the honor of being a platinum sponsor of VMware’s Women Transforming Technology Conference, an event that aligns with Workday Ventures’ goals to provide opportunities for the next generation of women entrepreneurs.
Workday had the honor of being a platinum sponsor of the seventh annualWomen Transforming Technology Conference, which convenes organizations in industry, academia, and nonprofit sectors to build community and tackle issues that are top of mind for women in technology. The conference seeks to inspire, support, and connect attendees in all areas and levels of technology in Silicon Valley and beyond.
The theme of this year’s Women Transforming Technology Conference was “Elevate Joy,” and my colleagueBarbry McGann, senior vice president and managing director at Workday Ventures, kicked off the conference byhighlighting the joys of mentorship. She shared tips for how to engage with a potential mentor or mentee, and provided practical frameworks for goal setting and check-ins to make it a rewarding experience for all parties. Other Workday-led sessions includedhow to evaluate a company cultureand ensure that its corporate values align with your own;strategies for how to drive equity, inclusion, and belongingin technology companies; and best practices for optimizing balance and growthif you are a full-time remote employee.
As part of the conference, I had the distinct honor of moderating the“CEO and Founders Roundtable: Innovating, Leading, and Learning.”Three extraordinary women spoke authentically with our audience about the challenges and joys of founding their own companies. Our panelists includedLindsay Jurist-Rosner, CEO and founder ofWellthy, who created a company that provides personalized caregiving support to help families balance work and the demands of caring for a loved one;Laura Del Beccaro, CEO and co-founder ofSora, a company that helps human resources operations teams scale amazing employee onboarding experiences in less time; andKatica Roy, CEO and founder ofPipeline Equity, who built a SaaS platform to increase financial performance of companies by closing the intersectional gender equity gap.
Workday Ventures will continue to support events and networking, as well as champion our goal to provide opportunities for the next generation of women entrepreneurs.
Our 75-minute panel discussion covered a host of fascinating topics. Here are some key observations I took away from the day:
What inspired each founder to start their own company often involved deeply personal experiences that informed innovation. In the case of Jurist-Rosner, this involved navigating healthcare decisions for a parent for 28 years, which then led her to start a company that could make caregiving easier.
Culture continues to be a CEO priority at early-stage companies. It fuels collaboration, innovation, and employee experiences, which are so critical to helping companies grow and succeed. Del Beccaro spoke about her belief that innovative products stem from a great collaborative culture, and that a positive customer experience has a direct correlation to culture.
Building your skill set is a lifelong endeavor, and the founders discussed the valuable skills they wished they had gained earlier in their careers. For Jurist-Rosner, it was the importance of becoming an empathetic storyteller and having the confidence to relentlessly pitch and sell her idea. Del Beccaro talked about the need to sift through advice and not get locked into a notion of one right way for a company to accomplish its goals. Roy spoke about the ability to stand up and speak out in the face of inequity.
Although women have made tremendous strides in the venture space, there is still more opportunity, as women founders only secured2% of venture capital in the U.S. in 2021. Early-stage fundraising tends to be based on connections and belief in the individual’s capability instead of concrete company metrics and results. Roy spoke candidly about how women founders are often asked “prevention questions.” Examples of this would be “How do you intend to prevent competitors from entering the market?” or “How will you prevent revenue decline in a recession?” Conversely, men are often asked “promotion questions,” such as “How big can this company be?” or “What is the potential market share?” Understanding these dynamics and knowing how to turn a prevention question into a promotion question is vital for women raising money.
This is just a sampling of the great insights these exceptional women shared with our audience. I was truly inspired to hear the panelists openly and honestly discuss their perspectives. I personally took away so much and am confident that the attendees did as well. You can view the entire recording of theconversation here. Workday Ventures will continue to support events and networking, as well as champion our goal to provide opportunities for the next generation of women entrepreneurs.
Workday recently had the honor of being a platinum sponsor of VMware’s Women Transforming Technology Conference, an event that aligns with Workday Ventures’ goals and vision to support a strong, inclusive future.
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