Sutian Dong, partner at Female Founders Fund, discusses the company's investment in female-led businesses and some of the struggles women face when seeking venture capital funding.
Dong says Female Founders Fund focuses on New York City start-ups and other unique start-ups. Each year, the company receives requests from over a thousand companies that want support. But Female Founders Funds is only able to invest in about six to eight new businesses each year.
Members of the House returned to Washington, DC, on Tuesday to vote on a short-term increase of the U.S. debt limit. The temporary measure will allow the federal government to pay its bills until December 3.
Futures rebounded this morning in reaction to positive news from Merck that its covid-19 treatment pill is 50 percent effective at preventing hospitalizations and death. It comes after a rocky month on Wall Street, which saw all the major averages post their worst months in over a year. Chris Vecchio, Senior Analyst, at DailyFX joined Wake Up with Cheddar for more.
Makena Kelly, Politics reporter at The Verge, joined Cheddar News to break down Thursday's congressional testimony from Facebook's global head of security, as the company comes under fire for its plans to attract kids.
