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Seigner, Benedikt David Christian ORCID logoORCID: https://orcid.org/0000-0002-8334-1470 und Milanov, Hana ORCID logoORCID: https://orcid.org/0000-0001-8392-9461 (November 2023): Mirror, mirror — A gendered lens on female entrepreneurs’ facial attractiveness in reward-based crowdfunding. In: Journal of Business Venturing Insights, Bd. 20, e00399 [PDF, 1MB]

Abstract

Scholars investigating women's attractiveness have documented its disadvantages (the “beauty is beastly” effect), especially in male-typed domains, including entrepreneurship. However, reward-based crowdfunding research demonstrates that these platforms reverse gender biases typically found in traditional entrepreneurial finance. Thus, in reward-based crowdfunding, the adverse effect of women's attractiveness needs to be re-examined. In a sample of 7447 Kickstarter projects, we find that facial attractiveness increases funding success for women more than for men and that sex differences in attractiveness effects are greater in male-typed categories like technology. A post-hoc reveals a surprising attractiveness penalty for men in the technology sector and offers insights for future research.

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