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Search resuls for: "cofounding"


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☆ An activewear startup backed by Michael Jordan's son hit its first fundraising goal. Here's how Äktiiv plans to take on Lululemon and Nike.
  + stars: | 2022-12-05 | by ( Matthew Kish | ) www.businessinsider.com   time to read: +5 min
Äktiiv products are biodegradable and made from plants. The Portland, Oregon, startup Äktiiv, which rhymes with black sleeve, launched its first products on Kickstarter in November and recently hit its fundraising goal. Cash from the campaign will be used to scale the company, including its marketing. But there's a twist: Äktiiv products are biodegradable and made from plants, not materials derived from oil or plastics. Similarly, Äktiiv products are designed to be worn in the gym, not while running errands.
☆ The wild life of billionaire Twitter co-founder Jack Dorsey, who has apologized for Elon Musk's layoffs and is known for eccentricities like eating one meal a day, and taking ice baths
  + stars: | 2022-11-05 | by ( Isobel Asher Hamilton | Katie Canales | Bethany Biron | ) www.businessinsider.com   time to read: +2 min
Jack Dorsey cofounded Twitter in 2006 and the company made him a billionaire. He's famous for his unusual life of luxury, including a daily fasting routine and regular ice baths. He stepped down as Twitter CEO in November 2021 but continues to lead Block as its "Block Head." From fighting armies of bots to quashing rumors about sending his beard hair to rapper Azealia Banks, Twitter founder Jack Dorsey leads an unusual life of luxury. Scroll on to read more about the fabulous life of Jack Dorsey.
☆ I worked for Elon Musk in the early days of SpaceX. Twitter execs need to be ready to work with 2 different people — good Elon and bad Elon.
  + stars: | 2022-11-04 | by ( Kiera Fields | ) www.businessinsider.com   time to read: +5 min
He was impressed by Elon Musk's vision but he would yell and once called Cantrell to work at 3 a.m.Cantrell gives Twitter employees his advice on their new boss. Elon wanted to buy Russian rockets because they were cheaper than US rockets and had been told I was the guy to ask because I'd worked with the Russians. Working with Elon was like working with two different people: the good Elon and the bad Elon, and you never knew which you were going to getThe good Elon is very funny and charming. There are people at Twitter who are going to need to decide whether they are 100% aligned with Musk's mission for it. That's the good Elon.
☆ Famed Apple designer Jony Ive's advice to Airbnb's CEO during tough times: 'You aren't going to cut your way to innovation'
  + stars: | 2022-11-02 | by ( Avery Hartmans | ) www.businessinsider.com   time to read: +2 min
Airbnb CEO Brian Chesky counts former Apple design chief Jony Ive as one of his closest advisers. The pair talk almost every day and Ive weighed in when Airbnb was mulling job cuts. "You aren't going to cut your way to innovation," Ive said, though Airbnb later axed 1,900 roles. Ive is now advising Chesky on everything from logo design to strategy, and since the onset of the pandemic, Chesky and Ive talk almost every day. When Airbnb started considering job cuts, Ive weighed in: "You aren't going to cut your way to innovation," he told Chesky at the time.
☆ How this activewear startup funded by NBA legend Michael Jordan's son plans to take on Lululemon and Nike
  + stars: | 2022-11-01 | by ( Matthew Kish | ) www.businessinsider.com   time to read: +4 min
Äktiiv products are biodegradable and made from plants. Two Nike veterans, including the basketball legend Michael Jordan's son Jeffrey Jordan, are launching a brand for sustainable workout apparel that hopes to compete with the likes of Lululemon. If it's successful, cash from the campaign will be used to scale the company, including its marketing. But there's a twist: Äktiiv products are biodegradable and made from plants, not materials derived from oil or plastics. Similarly, Äktiiv products are designed to be worn in the gym, not while running errands.
☆ Compass is in a precarious position. It's worth a fraction of its IPO valuation, it's never turned a profit, and employees say the former centerpiece of the business — its vaunted tech tools for agent
  + stars: | 2022-10-10 | by ( Daniel Geiger | ) www.businessinsider.com   time to read: +16 min
Reffkin (left) and Compass cofounder Ori Allon. Tech had been central to Compass' original missionFor years, Compass executives, including Reffkin, credited the company's tech with its meteoric rise in the residential-real-estate business. Though Compass' tech team still has 700 people, many more than any rival brokerage, the September layoffs seemed to initiate what insiders expect to be continuing cuts to the unit. "Robert is like Steve Jobs but without the insight," the veteran engineer who left Compass earlier this year said. Reffkin (left) and Allon ring the opening bell at the New York Stock Exchange.
☆ Karn Saroya's Web3 seed startup is creating a version of Lloyds of London for crypto. It was just valued at $100 million.
  + stars: | 2022-09-28 | by ( April Joyner | ) www.businessinsider.com   time to read: +4 min
The Web3 reinsurance company Re has raised $14 million from investors such as Tribe Capital. Now he's seeking to apply Web3 tools to make that industry, which is dominated by firms such as Munich Re and Lloyds of London, more accessible. The company participated in Tribe Capital's crypto incubator, Tribe Crypto Labs, and its other investors include Defy, Exor, Stratos, Framework, Morgan Creek Digital, and SiriusPoint. Cover started out as a search tool for insurance policies but then became an insurer in its own right. Like other financial products, such as mortgages and loans, insurance policies can be bundled up and sold as securities.
☆ Pitch Decks Examples From Fintechs That Helped Them Raise Millions
  + stars: | 2022-09-27 | by ( Shannen Balogh | Anita Ramaswamy | Dan Defrancesco | ) www.businessinsider.com   time to read: +35 min
Parafin, launched in 2020, works with so-called platform partners, or companies that other small businesses sell their products through. All the cofounders knew was that they wanted to build technology that would help small businesses. And they may not get their first contract payment from the government for as long as 120 days," Reed, the startup's CEO, told Insider. Helping small businesses manage their taxesComplYant's founder Shiloh Jackson wants to help people be present in their bookkeeping. HoneyBookWhile countless small businesses have been harmed by the pandemic, self-employment and entrepreneurship have found ways to blossom as Americans started new ventures.
☆ Meet 16 top reverse-logistics leaders tackling retail's $761 billion e-commerce returns problem
  + stars: | 2022-07-15 | by ( Emma Cosgrove | ) www.businessinsider.com   time to read: +19 min
Becca Meinz, the vice president of end-to-end supply chain at Best BuyBecca Meinz is the vice president of the end-to-end supply chain for Best Buy. Steve Lewis, the senior vice president of commercial strategy at GXOSteve Lewis is the senior vice president for commercial strategy at GXO. Kraig Foreman, the president of e-commerce at DHL Supply Chain North AmericaKraig Foreman is the president of e-commerce at DHL Supply Chain North America. Eduardo Vilar, the senior vice president of merchant solutions at AffirmEduardo Vilar is the senior vice president of merchant solutions at Affirm. Glen Sutton, the executive vice president at Ceva LogisticsGlen Sutton is an the executive vice president at Ceva Logistics.
☆ How Databricks CEO Ali Ghodsi went from doing research in a college lab to cofounding the $38 billion big data startup — and what he's learned about leadership along the way
  + stars: | 2021-12-10 | by ( Rosalie Chan | ) www.businessinsider.com   time to read: +6 min
The most important groundwork for building company culture was a strong founding team, Ghodsi says. Ghodsi arrived at UC Berkeley in 2009 for a year-long program to research machine learning and data processing. Working at European universities, Ghodsi says he was often shut down when proposing out-of-the-box research ideas, but "UC Berkeley was different. Ghodsi went on to cofound Databricks out of a UC Berkeley research lab in 2013. Databricks' founding team was extremely innovative, Ghodsi says, with backgrounds in research and creating open source data project Spark.
☆ A former Netflix exec shares 3 simple questions to ask yourself if you're thinking about leaving your job
  + stars: | 2019-04-01 | by ( Shana Lebowitz | ) www.businessinsider.com   time to read: +4 min
Patty McCord, Netflix's first HR head, said three questions can help you decide whether to quit. Ask yourself whether you're doing something you love, you're good at, and your company needs. For example, early in your career, you may want nothing more than to work 24/7 on something you're passionate about. On the flip side, McCord said, if the company moves into a different business or its objectives evolve, the work you're doing may no longer be crucial. Ultimately, if you're weighing the decision to leave your job, know that McCord's algorithm won't necessarily spit out a yes-or-no answer — at least not immediately.
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