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.
The Biden administration will propose a new rule Wednesday that would make 3.6 million more U.S. workers eligible for overtime pay, reviving an Obama-era policy effort that was ultimately scuttled in court.
The sentencing for former Proud Boys leader Enrique Tarrio over his role in the Jan. 6 insurrection was canceled after the presiding judge was out sick.