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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTikTok is a national security risk that needs to be banned, says Slow Ventures' Sam LessinSam Lessin, Slow Ventures co-founder, joins 'The Exchange' to discuss Reddit IPO, his reaction to a proposed TikTok ban heading to the Senate, and more.
Persons: Sam Lessin Sam Lessin Organizations: Ventures, Slow Ventures, Senate
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNo chance the Chinese government allows TikTok to be sold in the U.S., says The Information CEOJessica Lessin, The Information founder and CEO, joins 'Squawk Box' to discuss the future of TikTok after the House passed its 'divest or ban' bill yesterday, news of former Treasury Secretary Steven Mnuchin putting together a group to try to buy the social media app, and more.
Persons: Jessica Lessin, Steven Mnuchin Locations: U.S, TikTok
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTech companies were 'hoarding the talent,' says Slow Ventures' Sam LessinSam Lessin, Slow Ventures co-founder, joins 'The Exchange' to discuss the acceleration of tech layoffs, the timeline of AI taking jobs, and more.
Persons: Sam Lessin Sam Lessin Organizations: Email Tech, Ventures, Slow Ventures
New York CNN —Each January, Harvard University alumni are eligible to gather enough signatures to run for the university’s Board of Overseers. Mark Zuckerberg is throwing his support behind former Facebook exec Sam Lessin, a venture capitalist calling for significant reform to Harvard. Ackman, who led the campaign to oust former Harvard president Claudine Gay, is drawing attention to the tedious process of gathering signatures from alumni. “In the securities world, the SEC would come in an prosecute a company that made it this difficult to vote for an alternative slate,” Ackman wrote. It’s not more complicated than that.”During the virtual event on Friday, Zuckerberg said Lessin is the “type of person” he’d want governing Harvard.
Persons: Mark Zuckerberg, Sam Lessin, Lessin, Penny Pritzker, Bill Ackman, Ackman, Claudine Gay, Gay, , ” Ackman, ” Harvard, Bill, ” Lessin, , they’ve, Zuckerberg, Josh Kushner, Alfred Lin, Mark, He’s, It’s, Sam, ” Zuckerberg Organizations: New, New York CNN, Harvard University, university’s, Harvard, Facebook, Harvard Corporation, SEC, , CNN, Sequoia Locations: New York, Harvard, Israel
The move by Ackman takes a page out of the playbook that made him successful on Wall Street. Normally, candidates for the 30-member Harvard Board of Overseers are nominated by the university’s alumni association. However, Ackman is now backing four write-in candidates, all graduates of Harvard and Radcliffe College, Harvard Business School or Law School. “We truly feel called to do this now,” Leslie, who has spent 20 years in the US military, told CNN in a phone interview. Calls for change at HarvardNew members are elected to the Harvard Board of Overseers each spring.
Persons: Bill Ackman, Ackman, Claudine Gay, Logan Leslie, ” Leslie, Harvard, Leslie, he’s, , He’s, Julia Pollak, CNN she’s, , Pollak, ZipRecruiter . Pollak, ” Ackman, Zoe Bedell, Alec Williams, Penny Pritzker, Jeffrey Sonnenfeld, Sam Lessin, Pritzker, Lessin, ” Lessin Organizations: New, New York CNN, Harvard University, Ackman, Harvard, Ivy League, Radcliffe College, Harvard Business School, Law School, CNN, US Navy, ZipRecruiter, Reuters, of, Navy Seal, Navy Reserves, Harvard Corporation, Gay, Yale Locations: New York, Ackman, Northern, South Africa, Eastern, of Virginia
OpenAI fiasco sends shockwaves across Silicon Valley
  + stars: | 2023-11-20 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOpenAI fiasco sends shockwaves across Silicon ValleyJessica Lessin, The Information founder and CEO, Nilay Patel, The Verge editor-in-chief, and CNBC's Steve Kovach and Deirdre Bosa join 'The Exchange' to discuss the fiasco at OpenAI and more.
Persons: Lessin, Nilay Patel, Steve Kovach, Deirdre Bosa Locations: Silicon, OpenAI
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors should sell Tesla stock if they don't like Musk's comments, says Slow Ventures' Sam LessinSam Lessin, Slow Ventures co-founder, and Brian Stelter, author of “Network of Lies”, join 'The Exchange' to discuss IBM pulling advertising from X, backlash toward Elon Musk, the impact on Tesla stock and more.
Persons: Sam Lessin Sam Lessin, Brian Stelter, Elon Musk Organizations: Ventures, Slow Ventures, “ Network, IBM
Watch CNBC's full interview with Sam Lessin and Brian Stelter
  + stars: | 2023-11-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Sam Lessin and Brian StelterSam Lessin, Slow Ventures co-founder, and Brian Stelter, author of "Network of Lies", join 'The Exchange' to discuss IBM pulling advertising from X, backlash toward Elon Musk, the impact on Tesla stock and more.
Persons: Sam Lessin, Brian Stelter Sam Lessin, Brian Stelter, Elon Musk Organizations: Slow Ventures, IBM
Weak companies are going public: Slow Ventures' Sam Lessin
  + stars: | 2023-10-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWeak companies are going public: Slow Ventures' Sam LessinSam Lessin, Slow Ventures co-founder, joins 'The Exchange' to discuss late-stage capital funds competing with the public market, lack of investor trust in the IPO market, and a splintering in the markets trending towards venture capital.
Persons: Sam Lessin Sam Lessin Organizations: Ventures, Slow Ventures
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Slow Ventures’ Sam Lessin and Axios’ Dan Primack discuss InstacartSam Lessin, Slow Ventures co-founder, Dan Primack, business editor at Axios, joins 'The Exchange' to discuss Instacart as the company started trading on Tuesday, why advertising business matters to the grocery-delivery company, and more.
Persons: Sam Lessin, Dan Primack Organizations: Ventures, Slow Ventures
Instacart begins trading: What investors need to know
  + stars: | 2023-09-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInstacart begins trading: What investors need to knowSam Lessin, Slow Ventures co-founder, Dan Primack, business editor at Axios, joins 'The Exchange' to discuss Instacart as the company started trading on Tuesday, why advertising business matters to the grocery-delivery company, and more.
Persons: Sam Lessin, Dan Primack Organizations: Slow Ventures
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe EU vs. Apple and Microsoft: Europe cracks down on iMessage and BingCNBC's Steve Kovach and Jessica Lessin, The Information editor-in-chief, join 'The Exchange' to discuss the digital market competition between the EU and Apple and Microsoft.
Persons: Bing, Steve Kovach, Jessica Lessin Organizations: Apple, Microsoft, EU
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUS Commerce Secretary Raimondo in Beijing: What it means for U.S.-China relationsHao Hong, Grow Investment Group chief economist, and Jessica Lessin, The Information founder and editor-in-chief, join 'Squawk on the Street' to discuss Lessin's sense of dialogue between China and the U.S. Commerce Department, Hong's insights on the impact of Raimondo's visit, and more.
Persons: Raimondo, Hao Hong, Jessica Lessin Organizations: US, U.S, Grow Investment Group, U.S . Commerce Department Locations: Beijing, China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElon Musk is posting incessantly to distract focus from his businesses: The Information's Jessica LessinThe Information founder and CEO Jessica Lessin joins 'Squawk on the Street' to discuss how people can ignore what Elon Musk is doing, X's role for the community, and more.
Persons: Elon, Jessica Lessin, Elon Musk
Recruitbot is a startup that uses AI to analyze and match potential job candidates to open roles. The team has just raised $8.2 million in new seed funding led by Slow Ventures. Some of the features include using AI for automating the search for qualified candidates by scraping data from LinkedIn and with other talent databases. The team got in touch with Sam Lessin, the general partner at Slow Ventures, after many of Lessin's portfolio companies started using RecruitBot for their hiring. Check out the 19-slide pitch deck that Recruitbot used to raise $8.2 million in seed funding: Note: certain proprietary information has been redacted.)
Persons: Jeremy Schiff, Schiff, Recruitbot, Kevin Mahaffey, Sam Lessin Organizations: Slow Ventures, OCA, Freestyle Capital, Parade Ventures Locations: OpenTable
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe startup world isn't going to benefit from A.I. like big tech, says Slow Ventures' Sam LessinSam Lessin, Slow Ventures co-founder, joins 'Closing Bell: Overtime' to discuss Meta's Twitter competitor and the headset wars.
Persons: Sam Lessin Sam Lessin Organizations: Ventures, Slow Ventures, Twitter
As the creator economy matures, some startups are setting aside capital to invest directly in individual stars and their content. "No niche is too niche, if you will, and we continue to be surprised by that," said Megan Lightcap, principal at Slow Ventures. One of Slow Ventures' deals is with YouTuber Marina Mogilko, who runs a language learning channel. To help creators better understand who is investing and what those deals look like, Insider compiled a list of six companies investing directly into influencers and their businesses. Here are six leading companies investing capital in creators:
As the creator economy matures, some startups are setting aside capital to invest directly in individual stars and their content. "No niche is too niche, if you will, and we continue to be surprised by that," said Megan Lightcap, principal at Slow Ventures. One of Slow Ventures' deals is with YouTuber Marina Mogilko, who runs a language learning channel. To help creators better understand who is investing and what those deals look like, Insider compiled a list of six companies investing directly into influencers and their businesses. Here are six leading companies investing capital in creators:
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailComprehensive policy is needed on A.I. collaboration and competition, says Slow Ventures's Sam LessinSam Lessin, Slow Ventures partner, joins 'TechCheck' to discuss the tech landscape following SVB's collapse, the disconnect between public and private tech stocks, and U.S. lawmakers meeting with tech leaders for discussions on China.
As the South by Southwest tech conference began in Austin on Friday, Silicon Valley Bank failed. The annual festival is known for attracting hundreds of startup founders and tech investors. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. Later on Friday, Lessin shared an Instagram story post showing her SVB credit card being declined while she traveled to SXSW. "It seems likely that if the government does not step in to stop the contagion kicked off by SVB's bank run, we will see more regional (or even large) banks fail," Haugen told Insider.
Silicon Valley Bank's collapse has left hundreds of startups facing a cash crunch and payroll crisis. It leaves hundreds of startups that deposited their cash with the bank in turmoil, as they try to continue operating while millions in funds are locked up. Startups scramble for cashThe need for startups to make payroll is one being echoed across the VC ecosystem. In a tweet, founder Nikita Bier said: "The number of growth stage companies that had their cash at SVB is huge. Even startups that didn't bank directly with SVB have been hit by its collapse.
Silicon Valley Bank was shut down by regulators on Friday. The news has made startup founders worried that they won't be able to pay their employees next week. Startup founders still reeling from Silicon Valley Bank's implosion have something new to stress about: whether they'll be able to access enough money to cut employee paychecks next week. "Lots of startups are missing payroll in 2-4 weeks if a) Silicon Valley Bank doesn't have the deposits b) SVB doesn't get sold or c) SVB isn't rescued." "If you're a startup founder dealing with this, I'm here to help any way I can," Ayush Sharma, founder and CEO of payroll and compliance startup Warp, tweeted.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEvery venture capitalist's cell phone is getting blown up by CEOs asking for advice, says Slow Ventures' LessinSam Lessin, Slow Ventures partner, joins 'The Exchange' to discuss his reaction to news of Silicon Valley Bank's closure.
Big Technology is a newsletter about tech and society by independent journalist Alex Kantrowitz . A Substack plagiarized analysis from Big Technology and posted it. The core of the story, lifted from Big Technology, was good enough to spark a discussion. The tools enable AI writing and likely helped remix the original article. Follow Big Technology on Twitter.
Her financial aid startup, Frank, was featured in the New York Times, CNBC and Wall Street Journal. After leaving the University of Pennsylvania's Wharton business school, Javice traded on her reputation, bolstered by glowing profiles, as a successful entrepreneur. In a 2018 interview with Insider, Javice claimed Frank secured an average of $28,000 for its users, and was helping students get "thousands off their tuition." "Charlie's first company fizzled after 18 months, so after losing all her investors' money, she convinced every one of them to fund her next company, Frank." At Frank, Javice admitted she sometimes painted a more positive picture of the company's health than was supported by the facts.
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