Alpha Girls by Julian Guthrie

ALPHA GIRLS by Julian Guthrie profiles four women who succeeded in the male dominated culture of Silicon Valley, specifically in venture capital, “an industry that is not well known but has enormous influence.”  Guthrie shares events - both professional and personal - at various times in these women’s lives.  She begins in the 1980s when they were studying engineering or business at elite universities like the University of Virginia, Stanford, Purdue, Harvard, and Brown. The women’s backgrounds are different: Theresia Gouw’s family is from Jakarta, Indonesia, Magdalena Yeşil grew up in Turkey and is fluent in four languages, Sonja Hoel Perkins had worked briefly at the London Stock Exchange and later joins Menlo Ventures, and MJ Elmore is from the Midwest but stays in Menlo Park, California after getting a job at institutional Venture Partners (IVP) also on Sand Hill Road. The next section of the book deals with the mid to late 1990s and the opportunities that technology and the Internet offered. Guthrie injects a great deal of “name-dropping” and life style description (e.g., annual Hawaiian getaway for women of venture capital).  She also stresses how over time, and for various reasons, each woman struggles with belonging. The text continues through 2018 and Guthrie makes additional observations in her author’s note, saying, “research shows that companies with more diversity, particularly with more women in leadership, offer higher returns on capital and greater innovation.” 

Guthrie defines an Alpha Girl as “a woman of any age who refuses to give up on her dreams.” As a reader, it is interesting to observe the inter-generational differences and the author’s “surprise” at how hard it was for these women to share. Guthrie and the even younger women who are just starting out today do face discrimination, but thanks to the many conversations and changes that have occurred, their more recent experiences are certainly different - and hopefully less lonely - from those faced by the “pioneers” profiled in ALPHA GIRLS. It is fascinating to look at the changes that have occurred and to continue the discussions about future change: to view more about “The Women Upstarts Who Took on Silicon Valley's Male Culture and Made the Deals of a Lifetime” see the videos and interviews which are available on Julian Guthrie’s web site. I will be recommending this text (and Melinda Gates’ The Moment of Lift) as a possible independent read for our business classes, although its main audience will be older. ALPHA GIRLS contains some photographs and a helpful index, but no bibliography.