Him For Her 2021 Impact Report

2021 Impact Report HIMFORHER.ORG

NOVEMBER 2021

November 2021 Dear Friends, Did someone open a door for you?

Nearly twenty years ago, John Pleasants invited me into the Ticketmaster boardroom to pitch Barry Diller and changed the trajectory of my career.

• Allies who testify to the transformative power of inclusion, and • Business leaders who are committed to building a future that works better for all of us In this report, you will see the power of “for” reflected in the nearly 1600 boardready women you introduced us to this year and the more than 550 board

When I started Him For Her in 2018, I was inspired by leaders like John who

opportunities you brought to our attention. On pages five and six, we’ve illustrated

advocated for me, first as a budding product manager, then as an executive,

just a few of the board connections we’ve been privileged to make as a result —

and more recently as a first-time board member.

connections that will have ripple effects for years to come.

Each of us can point to someone who has offered guidance or connections for us

We’re grateful that you are for us, as we work to unlock the economic and social

at a critical moment. And each of us pays that forward when we use our power and

benefits of diverse boardrooms.

influence for others.

In gratitude,

I’d argue that For is the most powerful part of our name.

At Him For Her, we are for: 2

• Women and especially women of color who tend to be overlooked as board candidates • CEOs who reach outside their personal networks to find talent • Investors who know diverse boards mean better business

HIM FOR HER 2021 | IMPACT REPORT

HIMFORHER.ORG

2

“Him For Her for me…”

HIM FOR HER 2021 | IMPACT REPORT

HIMFORHER.ORG

3

Our Vision: to transform lives by unlocking

Over the last three years,

the social and economic benefits of

we have:

diverse boardrooms

• Built a talent network of 3795 board-

Our Goal by 2026: At least two women on the board of every high-growth private company

ready women, more than a third of whom are women of color • Provided candidates for 797 board opportunities • Referred 2234 women for at least one board opportunity • Introduced 651 women for first-round board conversations • Placed 58 new board members through direct referrals

4

HIM FOR HER 2021 | IMPACT REPORT

HIMFORHER.ORG

4

We engage business leaders to refer board candidates, whom Ashton Kutcher

Joanna Rees

Partner, Sound Ventures

Managing Partner, West

Him For Her then connects with board opportunities.

Jewel Burks Solomon Head of Google for Startups, US

Stacy Brown-Philpot Former CEO, Taskrabbit

Asmau Ahmed

Bob Campbell

Managing Director, Alphabet

Founder & CEO, Campbell Global Services LLC; former Vice Chairman, Deloitte

We bridge the network gap

Helen Chang Vice President, Digital & Growth, PagerDuty

Denny Post

Danny Meyer

Chris Young

Karen Roter Davis

Former CEO, President Red Robin

CEO, Union Square Hospitality Group

EVP Business Development, Strategy and Ventures at Microsoft

Director, Early Stage Projects, X

HIM FOR HER 2021 | IMPACT REPORT

HIMFORHER.ORG

5

How We Helped Looking Glass Factory Build a World-Class Board Seth Levine of Foundry Group, a Him For Her partner, asked us for help finding candidates for Looking Glass Factory, an innovator in holographic displays. Him For Her has placed directors on the boards of six Foundry portfolio companies, including Crucible [NYSE: CRU], Drip, Integrate, Nix Hydra and Rover [NASDAQ: ROVR].

Inspired by the Black Lives Matter movement, Lisa Calhoun, Lori Oliver

Skillshare CEO Matt Cooper introduced the

and Hala Moddelmog introduced Him For Her to Brenda Freeman and

company’s COO, Sabrina Kieffer, to Him For

other outstanding Black women ready for the boardroom.

Her for support on her board journey.

—Shawn Frayne CEO & CO-FOUNDER LOOKING GLASS FACTORY

HIM FOR HER 2021 | IMPACT REPORT

“With Brenda’s experience bringing new technologies to a broader audience and Sabrina’s expertise building creative communities, I think we now have one of the best boards in the world focused on next-generation interfaces.”

HIMFORHER.ORG

6

Our Model ROUNDTABLES

We connect board supply

96 conversations that diversify networks

and demand through a combination of high touch and high tech.

TALENT NETWORK “SUPPLY” 3800 board-ready women, >34% of color

RELATIONSHIP BASE 900+ competency tags

BOARD OPENINGS “DEMAND” Referrals provided for 797 board opportunities

REFERRALS 60% of network referred for at least one opportunity

HIM FOR HER 2021 | IMPACT REPORT

LEARNING PROGRAMS

MEASUREMENT

48 webinars for 2000+ current and aspiring board members

on private-company boards

Annual benchmark study diversity

HIMFORHER.ORG

7

Our Talent Network

Board-ready women

Racial and Ethnic Diversity of Our Network

3,795

73% growth year-over-year

Competency tags

900+

34% women of color

6% identify as

5% identity as Latina 15% identify as Black

5% identity as Latina

Asian American

HIM FOR HER 2021 | IMPACT REPORT

HIMFORHER.ORG

8

2021 HIGHLIGHTS

Our Roundtables

“Your events are such a great idea and I can’t imagine how many meaningful connections you’ve made. I’ve had three from my first event including one this morning.”

—Bracken Darrell CEO, LOGITECH

HIM FOR HER 2021 | IMPACT REPORT

Conversations convened

32

(96 to date)

Warm introductions facilitated

1,021

Guests engaged

418

HIMFORHER.ORG

9

9

In Partnership With Our Guest Hosts

Betsy Atkins.

Wynn Resorts, Volvo, SL

Joshua & Amy Baer Capital Factory

Amy Batchelor Anchor Point Foundation

Skip Battle Expedia, FICO, Linkedin

Josh Bolten Business Roundtable

Shannon Brayton Quizlet, Vidly, Relativity

Frank Brod Microsoft

Stacy Brown-Philpot Nordstrom, HP

Jean Case Case Impact Network

Steve Case Revolution

Bracken Darrell Logitech

Michael Dubin Dollar Shave Club

R.P Eddy Ergo

Brad Feld Foundry Group

John Fish Suffolk

Sarah Friar Nextdoor

Mark Gainey Strava

Roy Gori Manulife

John Hennessy Alphabet

Julia Hartz Eventbrite

Kevin Hartz A*, Eventbrite

Jared Isaacman Shift4

Paul Judge TechSquare Labs

Tom Kennedy Raytheon

David Kenney Nielsen

Sallie Krawcheck Ellevest

Dave Layton Partners Group

Seth Levine Foundry

David Linde Participant Media

Zander Lurie SurveyMonkey

Mark Machin CPP Investments

Sheila Lirio Marcelo NEA, The Wing

HIM FOR HER 2021 | IMPACT REPORT

HIMFORHER.ORG

10

In Partnership With Our Guest Hosts

William Mayer The Aspen Institute

Lynn Meredith MFI Foundation

Tom Meredith Brightstar Capital Partners

Scott Miller G100 Network

Sean Moriarty Leaf Group

Robert Moritz PwC

Brian Moynihan Bank of America

Ron O’Hanley State Street

Joanna Rees West, FICO

Pam Reeve American Tower

Chuck Robel GoDaddy, Sumo Logic

Lisa Skeete Tatum Landit

Brad Smith Intuit

Patrick Spence Sonos

Dr. Ronald Sugar Apple, Chevron

Mark Tatum NBA

Mark Thompson The New York Times

Nigel Travis Dunkin’ Brands

Maynard Webb WIN

Mark Weinberger EY

Jeff Weiner LinkedIn

Maggie Wilderotter HPE, Costco, Lyft

Sonya Medina Williams Papa Johns

Chris Young American Express

Guests hosts select introductory music for our virtual roundtables. Enjoy our 2021 playlist.

HIM FOR HER 2021 | IMPACT REPORT

HIMFORHER.ORG

11

2021 HIGHLIGHTS

Frictionless Referrals

“I found the service to be tremendous. The candidates I met were all top notch, and we quickly were able to identify women who had attributes that would be accretive to our board.”

Board referral lists provided

564

(797 to date)

With a 23% placement rate among closed searches

Directors placed

35

(58 to date)

• 51% first-time directors • 49% women of color • 13 appointed by public companies

—Michael Bourque CEO, KIAVI

HIM FOR HER 2021 | IMPACT REPORT

• 5 appointed by companies that have since gone public

HIMFORHER.ORG

12

2021 HIGHLIGHTS

Learning Programs

“I just wanted to tell you how helpful this webinar was. I found everything to be spot on in terms of the things I wanted to know before I joined a SPAC board and now, what I would say from experience. I was shaking my head in agreement the entire time...Thanks for everything you do!”

Webinars hosted

20

(48 to date)

Participants

1,094

—Neha Parikh CEO, WAZE HIM FOR HER 2021 | IMPACT REPORT

HIMFORHER.ORG

13

2021 HIGHLIGHTS

Benchmarking

Released 2020 update to landmark diversity study of private-company boards

Our Findings

49% of private company boards are all male

11% of directors are women 3% of directors are women of color

“...a new report covered exclusively in Fortune this morning finds that before companies reach the IPO stage, the all-male board is alive and well. Just under half—49%—of U.S. private companies that have raised more than $100 million in funding don’t have any women on their boards, according to Crunchbase and the organization Him For Her.”

HIM FOR HER 2021 | IMPACT REPORT

HIMFORHER.ORG

14

Our Team

Our Board Directors & Advisors

Jocelyn Mangan CEO & Founder

Ann Shepherd COO & Co-Founder

Fiona Tang Co-Founder, Director of Partnerships

Isaac Applbaum MizMaa Ventures

Danielle Applestone Antora Energy

Shannon Brayton Quizlet, Relativity

Laura Gluhanich Director of Programs

Cookie Veconi Chief of Staff

Leana Hardgrave Events & Content Manager

Stacy Brown-Philpot Nordstrom, HP

Sheila Lirio Marcelo NEA, The Wing

Joanna Rees West, FICO

Alessandra Simons Goodwin Procter

Lisa Skeete-Tatum Landit

Mike Xenakis Vacasa

HIM FOR HER 2021 | IMPACT REPORT

HIMFORHER.ORG

15

Financials

Over the last twelve months, we diversified our revenue streams beyond event sponsorships to include annual

Revenue: $2,398,400 2020 Ending Cash: $524,380

partnerships with investment firms, board-referral November 2020 -

honorariums, and corporate programming. We more than

October 2021

doubled our earned income year-over-year and covered nearly three-quarters of our operating expenses through program revenue.

Meeting our goal of at least two women on the board of every high-growth private company will require significant

•

59% Donations

•

21% Earned Income: Partnerships

•

14% Earned Income: Referrals

•

6% Earned Income: Other

investments in staffing, which will temporarily outpace our earned income.

Expenses: $1,329,700 Earned Income as % of Expenses: 74%

Your support will provide the cash runway we need to grow our payroll responsibly in the short-term as we work toward becoming completely self-sustaining over the next five years.

HIM FOR HER 2021 | IMPACT REPORT

HIMFORHER.ORG

•

78% Payroll

•

22% All other

16

Grateful to our 2021 Supporters

FOUNDING FUNDERS CIRCLE

Justin Jacobs

Caldwell Partners

Kim Kingsley

Chownow

Lisa McGill

Civis Analytics

Marija Zivanovic-Smith

CoverFX

GIFTS OF $1,000+

Mary Hentges

Crucible

Anonymous

Merline Saintil

Diggs

Astha Malik

Pamela Jones Harbour

Drip

August First Fund, Community

Portia Yarborough

Egon Zehnder

Foundation Boulder County

Sherrin Ross Ingram

Elemeno

Dara Khosrowshahi

Bachman Strauss Family Fund

Shirley Rogers Reece

Evercommerce

Scott Miller

Barry Lawson Williams

Teresa Torres

Goldman Sachs

Bill Lenehan

Tyler Newton

Goodwin Law

GIFTS OF $10,000+

Brenda Freeman

Zuhairah Scott Washington

Hanna Anderson

Joanna Rees

Chris Webb

Stacy Brown-Philpot

Danny Meyer

CORPORATE

Lendinghome

Techstars

Denny Post

Archer Roose

Leslie’s Pool Supply

Diana and Michael Sands

ARKO

Looking Glass

GIFTS OF $5,000+

Harriet Seitler

Battery Resourcers

Microvision

Anonymous

Hodges Family Donor Fund

Biteable

Nasdaq

Chuck Robel

Jack and Dee Dee Lazar

Bj Restaurants Trade

Nium

Godard Abel

Jake Saper

Blue Apron

Nix Hydra

Kate Purmal

Jennifer Cast

Bolster

Olo

$100,000+ Anchor Point Foundation -

Foundation The Xenakis Family

Brad Feld & Amy Batchelor Ashton Kutcher and Mila Kunis GIFTS OF $25,000+ Jules Maltz

HIM FOR HER 2021 | IMPACT REPORT

Muskegon Community

Integrate

HIMFORHER.ORG

17

Grateful to our 2021 Supporters

Pacaso

Brown Advisory

Sound Ventures

Pcf Insurance Payments

DCVC

Summit Partners

QOMPLX

Foundry Group

TCV (Technology

Rich Talent Group

Gaingels

Rover

General Catalyst

Thrive Capital

Techstyle Global Fashion Brands

Google Ventures (GV)

Tribe Capital

Trade Cafe

HGGC

Tritium Partners

Weedmaps

Human Capital

Vista Equity Partners

Zebra Technologies

Index Ventures

Warburg Pincus

Crossover Ventures)

IVP FOUNDING ALLIANCE

Juxtapose

IN-KIND

Mayfield

L Catterton

Athena Alliance

SoftBank

Lead Edge Capital

Crunchbase

Starboard Value

Lightspeed

Great Monday

Tiger Global Philanthropic

Lux Capital

House Communications

Monomoy Capital Partners

Orrick

Oak HC/FT

Product Talk

ALLIANCE PARTNERS

Permira

Vosges

Argonaut

Playground Global

West Ventures

At One Ventures

Prelude Ventures

Base10 Partners

Riverwood Capital

BDT Capital

Searchlight Capital

Bonfire Ventures

Sequoia Capital

Breyer Capital

Social Capital

Ventures

HIM FOR HER 2021 | IMPACT REPORT

HIMFORHER.ORG

18

OUR GOAL BY 2026 At least two women on the board of every high-growth private company

SUPPORT OUR WORK

HIMFORHER.ORG

NOVEMBER 2021