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New York is friendlier than other major cities; firms founded by men lead in venture capital
When Abigail Edgecliffe-Johnson goes to meet with male investors, they often compliment her business and offer to mentor her. But they don't offer to invest.
"The word on the street is men get funded on potential and women get funded on progress," said Ms. Edgecliffe-Johnson, 39 years old, founder of RaceYa, a startup that makes educational toy cars. "There's a problem with...
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