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☆ 'The scholar, the pragmatist, and the rainmaker:' How three Bloomberg Beta VCs bet on AI before it became a buzzword
  + stars: | 2023-09-18 | by ( Darius Rafieyan | ) www.businessinsider.com   time to read: +9 min
Bahat brings this same radical directness to Bloomberg Beta, the early-stage venture capital fund housed within the larger Bloomberg empire that he's run for the past decade. And Bloomberg Beta was making investments in generative AI as far back as 2015, before the term "generative AI" even existed. "It felt like we were just waiting for the right moment," said Cham, Bloomberg Beta partner and de-facto chief technologist, "where the rest of the world would see it." Bloomberg Beta made the decision early on to publish its entire operating manual on GitHub, including sensitive information about average check size and investment criteria. Kieran Snyder, the founder of generative AI startup Textio which Bloomberg Beta invested in in 2015, has a shorthand for describing the role of Beta's three partners.
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☆ Elon Musk, who has used fertility treatments to conceive most of his 10 children, just cut a major fertility benefit for Twitter employees
  + stars: | 2023-01-05 | by ( Kali Hays | ) www.businessinsider.com   time to read: +4 min
The most recent is to a fertility benefit, coverage of which is now reduced by 50%. Musk has used fertility treatments to conceive most of his children. Elon Musk continues to cut costs at Twitter, with the latest move drastically reducing a benefit that helped employees with the cost of fertility treatments and adoption. The benefit is provided through a third party, Carrot, which last week emailed Twitter employees telling them of the change in coverage. Two former employees noted that the change will likely become part of the five lawsuits and group arbitrations that have been filed over Musk's treatment of Twitter employees.
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