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Jessica Vann recruits executive assistants for companies like Okta at her company Maven. She says executive assistants are nothing like secretaries — they're the eyes and ears of a leader. After all, an executive assistant preserves a company's scarcest and most precious resource: the leader of the organization. Raising issues to an executive assistant can give the executive the opportunity to intervene while there's still a chance. Are you a recruiter or executive assistant at a major tech company?
The multibillion dollar global fertility market is ripe with opportunity. For investors thinking about the fertility market, pharma firms may come to mind. In fact, the number of employers looking at fertility benefits as a "must have" has skyrocketed, she said. The global market size for fertility within the private women's health market should reach $72 billion by 2027, a report by FemTech Focus and Coyote Ventures found. Just like there were a wave of fintech companies going public, she expects fertility companies to eventually follow suit.
Health tech boom: Raising capital as economy shifts
  + stars: | 2022-11-15 | 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 EmailHealth tech boom: Raising capital as economy shiftsDeena Shakir, Lux Capital Partner, and Neel Shah, Maven Chief Medical Officer, join 'TechCheck' to discuss spending in health tech, Covid-19 fueling a renewed interest health benefits, and consolidation in the health tech sector.
Maven, the women and family health startup, has raised $90 million in a new fundraising round, and in a tough environment for venture funding. Maven reached unicorn status last August in a $110 million round right before the bottom dropped out of the tech sector. Maven has benefitted from greater focus on women's health, particularly since the Supreme Court overturned Roe V. Wade. Global family benefits growth and Medicaid are two areas that Maven is prioritizing with the new funding. The family benefits will build off of the virtual platform that grew during Covid and include new features for Maven Wallet, the company's financial reimbursement platform.
Kristine Valenzuela is the executive assistant of Atlassian's head of engineering, Mike Tria. She said on a recent podcast that she constantly has to prove her leadership skills as an assistant. Making an executive's life easier or "just getting stuff done," Valenzuela said — "almost no one sees the skill that's involved in doing that every day." "Internally, not enough people are elevating our value within the leadership team," she said. She makes her expertise known to othersSharing your broad range of knowledge across the business is another way to show your value as an executive assistant.
Caraway is a healthtech startup for college women that offers mental, physical, and reproductive care. This woman's experience is one example of how Caraway says it is working to provide personalized mental, physical, and reproductive health services via telehealth to Gen Z women in college. Care specialists provide direct education for students on mental health too, such as techniques to de-escalate stress and anxiety flare-ups. Other startups like Mantra Health, which raised a $22 million Series A last year, also focus on mental health for college students. So far, the startup has 13 "Caraway Campus Ambassadors," or interns, on college campuses in the states it's currently operating in.
Even with edtech funding down this year, A16z is still "betting heavily" on the space. Here's why general partner Katherine Boyle thinks edtech is worth betting on over the next decade. Andreessen Horowitz is still "betting heavily" on education-tech investing, despite signs that overall funding in the space is slowing. Global venture-capital funding to edtech startups has soared since 2019 and saw a marked jump during the pandemic. More recently, though, there have been signs that the rate of edtech investing is slowing down with market uncertainty: PitchBook estimates that total edtech funding for 2022 stands at $7.9 billion as of November 3.
Meagan Loyst, an associate at VC firm Lerer Hippeau, is leaving to focus on Gen Z VC full-time. After investing in dozens of founders over the past two years as an associate at venture-capital firm Lerer Hippeau, Meagan Loyst is stepping away to focus on Gen Z VCs, the online community she founded. After getting flooded with responses, she set up a Slack channel to connect around 700 Gen Z founders and investors, and the group has continued to grow since. Through Gen Z VCs, Loyst plans to host networking events in major cities, much like the group's summits in Chicago and Los Angeles last month. She also intends to monetize her own online following as a Gen Z expert through her online newsletter, "The Gen Z POV," video content on TikTok and YouTube, and speaking at summits.
Maven Clinic, a virtual women and family clinic, is allowing companies to offer their employees an extensive online network of fertility, pregnancy, adoption, parenting and pediatrics services. Ryder's goal for Maven is to put women first when it comes to their health care, filling any gaps they may experience. Maven Clinic was ranked No. Ryder said Maven Clinic was anticipating the overturning of Roe v. Wade after SB-8 in Texas in 2021, which banned virtually all abortions and health care relating to abortions after six weeks. "All the major medical associations have come out … saying this is a health access issue, a health-care issue," Ryder said.
Three things to watch‘From Scratch’(From left) Eugenio Mastrandrea, Zoe Saldaña, Judith Scott and Keith David in a scene from "From Scratch." Even though I know how it all ends, I’m looking forward to “From Scratch,” which is streaming now. ‘The School for Good and Evil’(From left) Kerry Washington as Professor Dovey and Charlize Theron as Lady Lesso in a scene from "The School for Good and Evil." There are plenty of arbitration shows out there, but this one is definitely in a courtroom of its own. Something to sip on(From left) Selma Blair and her dance partner, Sasha Farber, perform on an episode of "Dancing With the Stars."
We experienced so much stress related to my father, that happy spending was a lifeline. My mom stashed away money for joy like our lives depended on it. My mom made sacrifices so we could afford joyful 'nonessentials'Much of my childhood was spent terrorized by my sociopathic father. Her philosophy — that spending money on "non-essential" pick-me-ups is actually pretty damn essential — kept us mentally (and financially) afloat. The reason I deliberately budget joy into my expenses is because I know what it's like when you can't afford to.
We asked top venture capitalists to name the most promising women's health startups so far in 2022. The result is a list of 34 companies covering everything from menopause to cardiovascular health. Last year, funding for women's health startups exploded to an impressive $2.5 billion, about a threefold increase from the previous year, according to data from McKinsey and Rock Health. Some think the colloquial label "femtech" for women's health startups prevents investors from seeing the potential of the space. Insider asked top investors to nominate the most promising women's health startups they'd come across, both within and outside their portfolios.
Harrigan’s Phone” to the relatively short list of really good Stephen King adaptations, garnishing a coming-of-age story with understated hints of the supernatural and thoughtful rumination about cellphones that finds true horror in their ubiquity. In one highly amusing ramble, Mr. Harrigan rattles off every terrible thing that the cellphone might unleash, calling it “a gateway drug” for all manner of societal ills, including the dissemination of bogus news. Harrigan’s Phone” exhibits a level of restraint not regularly associated with the movie’s two high-profile producers, Ryan Murphy (“American Horror Story”) and the prolific horror maven Jason Blum. (Whether the movie promotes Apple’s flagship product while decrying its effects will likely be, to reference another “Twilight Zone,” in the eye of the beholder.) Harrigan’s Phone” premieres October 5 on Netflix.
Google and Amazon used third parties for contracts with DHS and DOD agencies in the past year. Their dissent has been largely ignored, according to an Insider review of contracts involving Google and Amazon. In the same time frame, Amazon used third parties to work with DHS agencies at least 28 times, including at least 14 contracts with CBP. As Insider previously reported, these companies have used third parties to work with CBP as well as Immigration and Customs Enforcement. Google and Amazon employees have a history of speaking out against their companies' work with the military and immigration enforcement.
A Google spokesperson said the contract is for Israeli government ministries like healthcare. Google executives recently tried to assure employees that its controversial $1.2 billion cloud computing contract with Israel's government will not provide support to the country's sensitive military work. "The Nimbus contract is for workloads running on our commercial platform by Israeli government ministries," Fox-Martin said at the meeting on Tuesday. Some employees who attended Tuesday's meeting said the assurances from Google executives about Project Nimbus contradict what the company has said elsewhere. They pointed to earlier statements that a Google spokesperson made to WIRED acknowledging the contract will provide Israel's military access to Google technology.
The startup's platform matches surrogate mothers with prospective parents they want to work with. Unlike traditional agencies, Nodal allows surrogate mothers to pick families they want to work with. Nodal is a surrogacy-matching platform that uses tech to connect surrogate mothers with prospective parents. Prospective parents pay $500 per month to join the platform for the first six months. Nodal is launching with 30 surrogates and six times as many prospective parents and hopes to grow its team in time.
The US Army is looking for tech companies to build a prototype for its new "operational back-bone." Palantir, Gitlab, Salesforce, Oracle, RedHat, IBM, and others submitted "Requests for Information" to build the prototype, a step before submitting a bid. The prototype would manage the deployment of troops, and the supply and distribution of missiles, guns, tanks, and other weapons. Palantir has an $823 million Army contract for data mining and analytics. It's also unclear if Amazon, Google, or Microsoft will contribute to the project in some capacity, including as a subcontractor.
They worked together to support Sara Blakely, the Spanx founder and CEO, in all areas of her life. Sara Blakely began researching and developing what would become the popular intimates company Spanx in 1998, with just $5,000 in savings. Behind the scenes, Magazine and Kenya Graham, Blakely's executive assistant for six years in total across two stints, called themselves Blakely's "hype crew." "It's sharing of information, setting up a cadence of meetings, making sure that no one's hoarding information." Kenya and Jamie, the editorial strategist, are in the venue making sure this is the side she likes to sit on.
Colin Smith worked in a senior accounting role at a Big 4 firm for years. Getting my start in public accounting seemed like a perfect fit at the time. For an industry that's notorious for long and grueling hours, public accounting seemed like a place where I could learn a ton and exercise those muscles. In 2015, I landed a senior manager job at a Big 4 firm. When I started looking around for other opportunities, I wasn't satisfied with the options I found outside of public accounting.
The "Great Resignation" and the transition to hybrid work have put tremendous pressure on HR. As part of Insider's Most Innovative HR Leaders series, we put out an open call for talent heads who are leading successfully during the pandemic. These talent professionals work across industries and at organizations of all sizes, including Cisco, Meta, and Wiley. They're building long-term policies around flexible work, finding new ways to attract talent, and addressing inequities that leave certain demographics at a disadvantage. In no particular order, here are the top 25 innovators in HR and their exclusive insights on reimagining work.
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