When it comes to venture capital and start-up culture, there is a huge gender gap. According to Pitchbook, in 2016 VCs invested $58.2 billion in companies with all-male founding teams. That number is significantly hiring than the amount of VC dollars that went toward all-female founded teams. The ladies received just $1.46 billion. When it came to the number of companies financed, 5,839 male-founded companies made the cut versus the just 359 female-founded firms.
Bossygrl is a new app and platform that is looking to help female entrepreneurs launch their ideas and create businesses. The app became available on December 6th and is focused on Gen Z.
Eileen Gittins is the founder and CEO of Bossygrl and she joins Cheddar to explain the need for her new company. Gittins is a successful entrepreneur who has received VC backing multiple times throughout her career. Gittins want to see a future where the opportunity gap between men and women no longer exists. For her, Gen Z was the smartest group to target because of their drive, connection to tech, and attitude toward work and acheiving success.
Some of America’s biggest retailers are working to increase their shipping speeds to please shoppers expecting faster and faster deliveries.
A group representing several big tech companies is suing Utah over state laws about children's social media use.
Google has agreed to pay $700 million to settle an anti-trust settlement.
Stocks were up after the closing bell as Wall Street continued to pin their hopes on rate cuts after last week's comments from the Fed.
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Google has agreed to pay $700 million and make several other concessions to settle allegations that it had been stifling competition against its Android app store — the same issue that went to trial in another case that could result in even bigger changes.
Nicki Minaj just reached a milestone that no other woman in rap has reached.
Apple announced that starting this week, it will stop selling some versions of the Apple watch in the U.S.
Southwest Airlines will pay a $35 million fine as part of a $140 million settlement to resolve a federal investigation into a debacle in December 2022 when the airline canceled thousands of flights and stranded more than 2 million travelers over the holidays.
The House of Representatives recently passed a bill aimed at increasing transparency in healthcare.
