In late June of 2022, Sonja Perkins, co-founder of Broadway Angels, contemplated the group's future. She and her co-founders, Jennifer Fonstad, and Magdalena Yesil, started the group to gather together the most successful and powerful women in venture capital and technology with the mission to build a powerful network, showcase top female talent, inspire more women to enter VC and entrepreneurship, and make great investments. Overall, she was pleased with their progress toward their mission but still felt that gender equity in VC was slow to happen. She considered several different ways the group could expand its impact.