AllBright Co-Founder on Pandemic Impact, Female Founders

Debbie Wasco discusses the impact of the pandemic on her women-focused business, Albright. She highlights the challenges faced, such as closing physical spaces and transitioning to digital platforms. The pandemic emphasized the need for women to network, upskill, and build resilience. Debbie stresses the importance of supporting female talent and entrepreneurship, noting the disproportionate impact on women's careers. She advocates for hiring women, providing networks, and investing in women-led businesses, which often yield better returns.

What was the initial business model of Albright before the pandemic?

• A co-working space for all genders

• An online retail store

• A digital-only platform

• A women-only club with physical spaces

During the pandemic, what was one of the primary needs of women according to Debbie?

• Access to healthcare

• Networking and upskilling opportunities

• Increased salary

• More leisure time

What does Debbie suggest employers should focus on to retain female talent?

• Offering more vacation days

• Providing networking and upskilling opportunities

• Increasing salaries

• Reducing working hours

What is the Albright digital platform designed to do for employers?

• Provide entertainment content

• Support women in building networks and upskilling

• Assist in hiring more men

• Help them reduce costs

According to Debbie, what is a significant challenge for women during the child-rearing years?

• Increased likelihood of starting a new business

• Lack of job opportunities

• Limited access to education

• Difficulty in balancing work and family

What percentage of venture capital goes to female founders post-pandemic?

• 5%

• 10%

• 1%

• 15%

What is a key message Debbie has for male chief executives and investors?

• Reduce investment in startups

• Invest in women-led businesses

• Prioritize short-term profits

• Focus on male-led businesses