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In today's big story, we're looking at people who feel like a middle-class salary doesn't equal a middle-class lifestyle . The big storyMiddle-class meltdownMichael Raines"Lately, I'm getting the feeling that I came in at the end. AdvertisementBusiness Insider's Jennifer Sor has a report on the people making over six figures who think the middle-class lifestyle they dreamed of isn't realistic for their salary . AdvertisementMarco Bottigelli/Getty, Yevgen Romanenko/Getty, Maskot/Getty, Tyler Le/BILet's address the elephant in the room: A six-figure salary is still a lot of money. Words like "AI Infrastructure" and "generative AI" point to more money heading to Nvidia for its popular H100 GPU chip.
Persons: , Michael Raines, I'm, It's, Tony Soprano bemoaned, Jennifer Sor, Vincent, it's, Marco Bottigelli, Yevgen Romanenko, Tyler Le, Jenny Chang, Rodriguez, Warren Buffett, Buffett, Shruti Gandhi, Dalton Caldwell, James Cham, Hemant Taneja, Jenny Lefcourt, Nick Little, Sam Altman, Alice Zhang, Serena Williams, Jack Dorsey, Dorsey, — Dorsey, Bluesky, Alyssa Powell, Katie Notopoulos, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, Business, Pew Research Center, nab, Adobe, Wall, Hamptons, Nvidia, Genomics, Serena Ventures, Fortune, Starbucks Locations: New York, Zillow, Santa Barbara , California, Berkshire, Bluesky, London, Chicago
French treasury management startup Fipto has raised $16 million in a seed round led by Serena Williams' venture capital fund. Paris-based Fipto uses blockchain technology to help speed up payments in both fiat and digital currencies for businesses. Treasury management is about managing and planning for an organization's financial needs, often by putting available cash to work elsewhere but international payments can often take time to settle - adding complexity to the role. Founded in 2022, Fipto's seed funding round was led by Serena Ventures and Motier Ventures. The company started raising funding late year and closed the round in April with Fipto benefitting from increased investor interest in the treasury management sector, Mollard added.
Persons: Serena Williams, Patrick Mollard, Mollard, Fipto Organizations: Treasury, Serena Ventures, Motier Ventures Locations: Paris, Europe
Alexis Ohanian and the Williams sisters have bought another sports team to bring to Los Angeles. Ohanian and the Williams sisters are the first to buy a TGL golf league team. Ohanian is already the principal owner and founding investor of LA's National Women's Soccer League team, Angel City FC. Alexis Ohanian said in a tweet that their daughter Olympia is also a co-owner of the new golf team. A rendering of the TGL golf league venue in Florida.
Persons: Alexis Ohanian, Williams, Tiger Woods, Rory McIlroy, Ohanian, Serena Williams, Venus, Eva Longoria, Jessica Chastain, Christina Aguilera, Charles Krupa, Woods, McIlroy, Mike McCarley, McIIroy, Justin Thomas, Jon Rahm, LIV Golf, LIV, Phil Mickelson, Brooks Koepka, There's, LIV Golf's Organizations: TGL, Angel City FC, Morning, Los Angeles Golf Club, NFL, MLB, NBA, NHL, MLS, Seven, Los, LA's, Women's Soccer League, Williams, Serena Ventures, TMRW Sports, PGA, NBC Sports, Golf, PGA Tour, Tour, Masters Locations: Los Angeles, Angeles, Olympia, Palm Beach , Florida, Florida, Saudi Arabia
It's the first team for TGL, a new pro golf league established by Tiger Woods and Rory McIlroy. The couple, along with Williams' sister Venus, have bought the first golf team for TGL, a new league developed by golf greats, Tiger Woods and Rory McIlroy. Ohanian and the Williams sisters are the first to buy a TGL golf league team. Alexis Ohanian said in a tweet that their daughter Olympia is also a co-owner of the new golf team. A rendering of the TGL golf league venue in Florida.
Persons: Alexis Ohanian, Williams, Tiger Woods, Rory McIlroy, Ohanian, Serena Williams, Venus, Eva Longoria, Jessica Chastain, Christina Aguilera, Charles Krupa, Woods, McIlroy, Mike McCarley, McIIroy, Justin Thomas, Jon Rahm, LIV Golf, LIV, Phil Mickelson, Brooks Koepka, There's, LIV Golf's Organizations: TGL, Angel City FC, Morning, Los Angeles Golf Club, NFL, MLB, NBA, NHL, MLS, Seven, Los, LA's, Women's Soccer League, Williams, Serena Ventures, TMRW Sports, PGA, NBC Sports, Golf, PGA Tour, Tour, Masters Locations: Los Angeles, Angeles, Olympia, Palm Beach , Florida, Florida, Saudi Arabia
European sports stars are following US counterparts, such as Shaquille O'Neal, in betting on tech. O'Neal, who also made early bets on Google and Lyft, has shown how sports stars can become successful venture capitalists once their playing careers end. He's not alone in the US, with the football star Tom Brady and the basketball stars LeBron James and Steph Curry all actively investing in tech. The tennis legend Serena Williams went a step further and set up her own fund, Serena Ventures. Shaquille O'Neal has proven to be a shrewd tech investor with early bets on Ring, Google, and Lyft.
‘I am not retired’ Serena Williams says
  + stars: | 2022-10-25 | by ( ) www.nbcnews.com   time to read: +1 min
Serena Williams on Monday said she has not retired from tennis and that the chances of her returning are “very high” after she previously indicated that she would step away from the sport after last month’s U.S. Open. “I am not retired,” Williams said at a conference in San Francisco while promoting her investment company, Serena Ventures. “The chances (of a return) are very high. “I still haven’t really thought about (retirement),” Williams said. “It was like the first day of the rest of my life and I’m enjoying it, but I’m still trying to find that balance.”
'I am not retired' Serena Williams says
  + stars: | 2022-10-25 | by ( ) www.reuters.com   time to read: +1 min
Oct 24 (Reuters) - Serena Williams on Monday said she has not retired from tennis and that the chances of her returning are "very high" after she previously indicated that she would step away from the sport after last month's U.S. Open. "I am not retired," Williams said at a conference in San Francisco while promoting her investment company, Serena Ventures. "I still haven't really thought about (retirement)," Williams said. "It was like the first day of the rest of my life and I'm enjoying it, but I'm still trying to find that balance." Register now for FREE unlimited access to Reuters.com RegisterReporting by Rory Carroll in Los Angeles Editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.
CNN —Serena Williams continues to tease tennis fans about whether they will see her back on court, this time saying she is “not retired” from the sport. Williams, considered by many as the greatest player of all time, announced she would “evolve away from tennis” after this year’s US Open, adding that she “never liked the word retirement.”In a brief comeback to the sport last year, the 23-time grand slam champion completed in singles at Wimbledon, the National Bank Open, the Western & Southern Open and the US Open, where she was knocked out by Ajla Tomljanović in the third round. Speaking at the recent TechCrunch Disrupt conference in San Francisco to promote Serena Ventures, her investment company, Williams, 41, said: “I’m not retired … The chances are very high [of playing again]. You come to my house, I’ve got a court.”Last month, in an interview on Good Morning America, Williams said “you never know” to a return to competitive tennis and explained how NFL quarterback Tom Brady had “started a really cool trend.”The 45-year-old Brady said he was retiring from the NFL in February, only to later reverse that decision and continue his career with the Tampa Bay Buccaneers this season. As part of her plans to “evolve away from tennis,” Williams said she would be spending more time with her family, as well as pursuing her business interests and charity ambassador roles.
The Newsette is valued at $200 million and made $40 million in revenue last year, which Insider verified with documentation. And she launched Wondermind, an eight-month-old company with a mission to "democratize and destigmatize mental health." But the trio hatched plans to launch Wondermind, leveraging their experiences with mental health, business, and entertainment. The upcoming production branch aims to develop TV shows and movies addressing mental health and illness. or 'How can I improve my mental health?'"
Numida, a Ugandan fintech that offers credit to small businesses, has raised $12.3 million in new funding. The startup, which was founded by three Canadian Y Combinator graduates in 2015, wants to expand access to working capital for businesses across Africa. Numida believes there are 20 million small and micro businesses lacking working capital, an opportunity it values at around $5 billion. "Our initial process was simple: How do we provide the best form of working capital to excluded people?" Serena Williams' fund Serena Ventures is leading a $7.3 million portion of equity funding alongside Breega, 4Di Capital, Launch Africa, Soma Capital, Y Combinator, and MFS Africa.
Chan raised $2.1 million from the likes of Serena Ventures and Ancestry.com's CEO Deborah Lui. Kathleen Chan raised $2.1 million for her fashion supply-chain-software company, Calico, during the pandemic. Before Calico, Chan had built two brands: one for direct-to-consumer jewelry and one for corporate apparel. Using Calico, businesses can quote, bring their suppliers on board, and place prototyping and production orders. Chan walked Insider through the pitch deck she used to close the $2.1 million seed round.
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