I've always felt labels such as "female-led", "female-owned", "<insert minority-led>" do the opposite of what they intend to do. That is, they paint a picture that this minority group is not capable enough and need a lot of hand holding so everyone please bias your decisions towards their success to the detriment of other groups.
If that's not enough, currently there are few repercussions for false sexism/racism accusations. I've seen some men lose their career even though the accusations turned out to be a coordinated revenge and were false.
All these together makes dealing with a minority group a lot risky and potentially a headache.
I believe the solution is to keep existing anti discriminatory laws but also ensure false accusations are sufficiently punished/disincentivesed
We didn't do those things for one venture and a lot of people that would have liked to support or be inspired by us had no idea we existed, never being included on lists
When we did do those things, we got the highest engagement on the articles because half the people would be supportive and mostly members of the same group, and the other half which typically were not of a minority group would argue about why it was mentioned at all
and I have no opinion on that, the outcome reminds me of gullibility? something about how easy it is to play the population like a fiddle, its kind of like setting a glass bottle on the edge of a table and watching what happens
my actual opinion is always remember who is shaking the bottle