CHAPTER 4

“GIRLPRENEURS” RISING

Many established women invest in young ladies’ startups thinking they’ll bestow wisdom and shape a career. But almost without fail, they end up expounding on what they’ve gained in return. A few years ago, Nancy Peretsman, the eminent investment banker at Allen & Company—who has served the likes of Oprah Winfrey, Rupert Murdoch, and Google’s executive chairman, Eric Schmidt—started inviting both female entrepreneurs and corporate moguls to her company’s ranch in Cody, Wyoming, and to Sun Valley, Idaho, the site of Allen & Company’s renowned annual conference, where Mark Zuckerberg rubs elbows with Bill Gates.

Peretsman keeps her groups small and intimate, no more than a dozen women who leave their day jobs behind ...

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