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
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“Him For Her for me…”
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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
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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
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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
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“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
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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
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LEARNING PROGRAMS
MEASUREMENT
48 webinars for 2000+ current and aspiring board members
on private-company boards
Annual benchmark study diversity
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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
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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
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Conversations convened
32
(96 to date)
Warm introductions facilitated
1,021
Guests engaged
418
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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
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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
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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
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• 5 appointed by companies that have since gone public
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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
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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.”
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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
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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.
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78% Payroll
•
22% All other
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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
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Muskegon Community
Integrate
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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
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OUR GOAL BY 2026 At least two women on the board of every high-growth private company
SUPPORT OUR WORK
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NOVEMBER 2021