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☆ From bouldering to silent meditation retreats: Here's how this year's rising stars of VC are keeping their wellness on track while hunting down deals
▼ + stars: | 2023-12-01 | by ( Samantha Stokes | Madeline Renbarger | Ben Bergman | ) www.businessinsider.com time to read: +6 min

And these rising stars of the VC world are at the forefront of the trend, with many adopting various wellness routines. Business Insider asked this year's rising stars to name their best wellness hack that keeps them at the top of their game. Find ways to get movingMany rising stars in VC have a relationship with exercise that goes beyond an obligatory hour at the gym or a forced jog around the block. "It's amazing how taking just 10 minutes out of my day helps set the pace and structure for the rest of the day so well," she told Business Insider. she told Business Insider.

Persons: Base10, Justin Williams, Fiona Huang, Huang, Laura Bock, Amanda Herson, Taylor Brandt, Luci Fonseca, It's, Vivien Ho, VCs, journaling, Ashley Paston, Ahmed Mirza, who's, Amber Atherton, Brandon Hoffman, Tobi Coker, Wellington Management's Javier Grevely, Natalie Borowski, I've Organizations: Business, Seae Ventures, Ventures, Headline, Base10 Investors, Meritech, Sunset Ventures Locations: New York, Eastern, Brooklyn

☆ At unicorn startup Carta, a culture of absolute fealty to an erratic and vindictive CEO, employees say
▼ + stars: | 2023-10-24 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +17 min

Both men remained valued employees at Carta, with the sales representative even getting promoted just weeks after the alleged "helicopter penis" incident, according to former employees. CEO Henry Ward cofounded Carta, originally called eShares, in 2012 as a service for startups to digitize their paper stock certificates. Today Carta helps startups track their investors, employees manage their equity awards, and venture capitalists administer their funds. The lawsuit says that 10 days after Rogers filed her complaint, Ward "began treating Ms. Rogers in an aggressive and demeaning manner during several meetings." Many of the employees who have spoken out publicly about Carta and Ward have found themselves embroiled in expensive legal battles.

Persons: Lisa Whittaker, Whittaker, Jerry Talton, David Kim, Andrea Lamari, Kim, Henry Ward, Andreessen Horowitz, Ward, Henry, Alex Kurland, Carta, Peter Thiel, Simon Cowell, Talton's, Suzanne Elovic, Elovic, Lamari, Jeff Perry, Perry, salespeople, JT Goodman, Goodman, Goodman didn't, Jeff Perrry, Allie Rogers, Rogers, Rodgers, Rachel Mayes, Ward doesn't, Mayes, Jeff, Jeff Perry countersued, Orrick Herrington, Sutcliffe, Kleiner Perkins, Ellen Pao, Amanda Sheets, Sheets, Pushback, Lindauer, Whitaker, Whittaker wasn't, Barbara Byrne, Byrne, Talton, Joe Osnoss, Osnoss, Heidi Johnson, Johnson Organizations: Carta, UBS, Gold Club, Lightspeed, California Civil Rights Department, Meritech, YouTube, Win, York Stock Exchange, San, San Francisco Superior, San Francisco Superior Court, Barclays, Lehman Brothers, Montana Human Rights Bureau Locations: San Francisco, Brazil, Silicon Valley, California, Palo, Iranian, Lindauer, Silver, Montana

☆ Andrew Bialecki built Klaviyo into an email titan by breaking all the norms. Now he's taking it public as its largest shareholder.
▼ + stars: | 2023-09-01 | by ( Melia Russell | ) www.businessinsider.com time to read: +8 min

Andrew Bialecki is preparing to take Boston startup Klaviyo public eleven years after founding it. Bialecki, who cofounded the marketing tech company in 2012, owns more than a third of Klaviyo, according to the company's recent S-1 filing. In the last eleven years, the 37-year-old has quietly built the hottest Boston startup you've never heard of. For comparison, HubSpot's Brian Halligan and Toast's Chris Comparato reported salaries of roughly $240,000 before taking their Boston startups public. Bialecki has also sold few shares of Klaviyo in inside rounds, according to two people familiar with the company's financials.

Persons: Andrew Bialecki, Jason Lemkin, Peter Walker, Klaviyo, Yankee frugality, Barry Chin, Ed Hallen, Hallen, Bialecki, Alexa von, TJ Mahony, he's, Elias Torres, Bootstrapping, Jon Karlen, Karlen, Mahony, Alex Clayton, frugality, HubSpot's Brian Halligan, Toast's Chris Comparato Organizations: Boston Globe, Getty, MIT's Sloan School of Management, Capital, Harvard University, Predictive Technologies, Fortune, Red Sox, Meritech Capital, Boston, Black, Patriots Locations: Boston, Coast, Bialecki, Washington, DC, Klaviyo, Braze, Miami

☆ A Nvidia-backed platform that turns text into A.I.-generated avatars boosts valuation to $1 billion
▼ + stars: | 2023-06-13 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

In this article NVDA Follow your favorite stocks CREATE FREE ACCOUNTAn animated avatar generated by the AI video platform Synthesia. To do that, Synthesia has created animated avatars which look and sound like humans, but are generated by AI. Synthesia is a form of generative AI, similar to OpenAI's ChatGPT. The company doesn't disclose its sales or revenue metrics, though it says it "consistently driven triple digit growth," with over 12 million videos produced on the platform to date. Synthesia plans to ramp up investment into its technology, with a particular focus on advancing its AI research and making Synthesia avatars capable of performing more tasks.

Persons: Synthesia, Slack, Kleiner Perkins, Morgan Stanley, Victor Riparbelli, Matthias Niessner, Steffen Tjerrild, Lourdes Agapito, Philippe Botteri, Riparbelli, Nvidia isn't, it's, They're, Felix Capital, Atomico, they're, David Beckham, Beckham Organizations: Nvidia, CNBC, Accel, Facebook, Spotify, GV, FirstMark, MMC, YouTube, Netflix, Business, Iconiq, Felix, Meritech Locations: London, A.I

☆ The family office for Mark Zuckerberg and Jack Dorsey backs French rival to Microsoft Excel
▼ + stars: | 2023-06-08 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

The logo of the spreadsheet software Microsoft Excel is shown on the display of a smartphone. French business planning software startup Pigment has raised $88 million in a funding round led by ICONIQ, the private investment fund that manages the money of tech billionaires such as Mark Zuckerberg and Jack Dorsey. Pigment is best known for its business planning and forecasting platform that's designed to be more user-friendly than Microsoft's spreadsheet software Excel. As well as Microsoft, Pigment also views enterprise software tools from giants like Google, SAP and Oracle as rivals. It introduced a new service called Pigment AI last month, on the heels of heightened buzz surrounding AI and products like ChatGPT, which lets clients query data, identify patterns and automate analysis and reporting.

Persons: ICONIQ, Mark Zuckerberg, Jack Dorsey, Eleonore Crespo, Romain Niccoli, FirstMark, Klarna, Miro, Tommy Hilfiger, PVH, Crespo Organizations: CNBC, Venture, Felix Capital, Google, SAP, Oracle, behemoth, Microsoft Locations: U.S

☆ Exclusive: How Pigment, a business-planning startup, raised $65 million in Series B funding from IVP and Meritech Capital without a pitch deck
▼ + stars: | 2022-09-28 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +3 min

Pigment's cofounder shared how the team raised $65 million in Series B funding without a pitch deck. That inspired her to cofound Pigment, a startup based in France that recently raised $65 million in Series B funding from IVP and Meritech Capital. The capital was an extension of a Series B round in late 2021. Pigment — which competes against software companies like SAP, Oracle, Workday, and Anaplan — raised $73 million in Series B funding led by Greenoaks in November. Crespo told Insider that the company hadn't been planning to raise additional funding but was contacted by IVP and Meritech, which had heard about Pigment from customers.

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