Did you know? Less than a third of companies on the global MSCI index have boards with at least three women on them, and across unicorn companies in the U.S. and Europe, just 8.8% of the board seats are held by women.

These anemic levels of representation are why Forbes has partnered with the Boardlist to promote women on boards. In pursuit of this goal, we held the second annual BoardForward awards last week to acknowledge the companies that are making strides. Former HP chief Meg Whitman was the keynote interview, and she encouraged everyone to work even harder.

“When people say it’s not possible... this should be in our DNA,” she told the room of San Francisco executives, noting that Silicon Valley is used to “impossible” problems. “With work and determination and the Rooney rule, you get there.”

Cheers,
Maggie

News Of The Day: Rent The Runway Joins The Unicorn Club At A $1 Billion Valuation

Rent the Runway joins the unicorn club with a $1 billion valuation after $125 million investment co-led by Franklin Templeton Investments and Bain Capital Ventures. The company has five women on its board, five retail stores, 11 million “community members” and employs nearly 1,800 people, all of whom have equal benefits across the organization, 93% of whom are female and/or non-white, with 80% of leaders who are women.

ICYMI: Stories From The Week

Moira Forbes takes inspiration from visionary leaders like Padma Lakshmi, Kara Swisher, and Halima Aden whose dedication in the face of adversity continues to make a meaningful mark on the world.

Levi Strauss & Co., one of the most storied brands in the U.S. and long-controlled by the Haas family, filed paperwork to go public last week. Mimi L. Haas, the largest shareholder with a nearly 17% stake, is set to become the world’s newest billionaire.

The new Elizabeth Holmes documentary, and the media’s fixation on superficial characteristics (her voice, her hair, her clothes), provided women founders with the opportunity to talk about how the investment and entrepreneurship worlds would benefit from a renewed framework of objective analysis.

Advocacy organization Time’s Up, which joined a $75 million Series C funding round for The Wing in December, just announce a new events collaboration with the coworking space. The Wing will also be a physical home for the Time's Up team.

Two NYC-based venture capitalists are teaming up on events and a global directory to help women in the industry get to know one another--and help each other with deal flow.

Nearly a dozen prominent investors in sextech — some of whom have invested in O.school, and others who have invested in companies like Maude, Unbound, Elvie, and Juicebox — answer: Why are you investing in sextech?

#1: Address the bias you didn’t know you had. Hiring and performance reviews are a breeding ground for unintentional bias, but there are a few steps you can take to try to remain objective.

#2: Talk to strangers. Cosmetics mogul Bobbi Brown credits much of her brand’s success with talking to women she met in the real world, not “marketing people with MBAs”.

#3: Watch out for tax scams. With just a few weeks until Tax Day, the IRS has issued its annual “Dirty Dozen” list of tax scams.