Finery CEO: Having Women in the C-Suite Can Effect Change
Even as the #MeToo movement spreads to Silicon Valley, the disparity in venture capital funding by gender continues to be an issue. But that didn't stop Finery founder and CEO Whitney Casey from closing a $5 million round of funding.
Finery is the world's first automated online operating system for wardrobes. Casey explains why including women investors in the round was such a priority. She looks back on the difficulties of preparing presentations for male-dominated VC firms about a female-focused tech product.
Finery estimates women spend an average of two and a half hours a week thinking about their wardrobe. Casey describes how her company is helping free up some of that time and make women's lives easier. She discusses the difficulties of getting male investors to appreciate the problem her platform is solving.
Inflation-weary Americans are still spending money every month, but the April numbers show they’re starting to cut back on a few types of expensive purchases.
You don’t have to be an Olympic-level athlete to wear On’s shoes or apparel, but the company will use the 2024 games to continue growing its footprint.
Companies are making money, the economy is cooling down, and a rate cut or two possible by the fall? It might be time to break out the cautious optimism.
Fed Chair Jerome Powell reported that rates would likely remain elevated due to sticky inflation. Zillow breaks down how this could impact the housing market.