WAVE - Women's Association of Venture & Equity | 8,098 followers on LinkedIn. Achieving ROI: Investing in Yourself and Investing in Each Other | Women's Association of Venture and Equity (WAVE) is a nonprofit organization, which was founded in 2003 and is committed to the development and advancement of women in private equity and venture capital. WAVE achieves this objective through a series of developmental and networking events organized in financial centers each year.