Anjula Acharia is a venture capital investor who focuses and invests primarily in female-founded companies. One such company is Gobble, the meal kit delivery service founded and led by Ooshma Garg. The pair joins Cheddar to explain how female influence in the VC space is positive and necessary.
Acharia explains that one of her callings is to support female innovators. The tech investor has championed founders including Payal Kadakia from Class Pass, Kathryn Minshew from The Muse, Prena Gupta from Hooked, and Karissa Bodnar from Thrive Causemetics.
Garg says that having a VC investor like Acharia in your corner is invaluable. Acharia both provides financial support and business guidance.
When asked how Gobble competes with Blue Apron, Garg explains that the key to her business is putting convenience at the forefront. Gobble meals only take 15 minutes and everything can be prepared in one pan.
The Federal Deposit Insurance Corp. is set to pay almost $23 billion to stabilize the banking sector. That money comes from an insurance fund that is refilled through fees paid by banks. Now the agency is considering a special assessment on the entire industry to help make up the costs, according to a Bloomberg report.
About 61% of Americans say the economy is impacting their mental health, according to a PayPal survey. Shanthi Sarkar, vice president of financial services at PayPal, joined Cheddar News to break down some key takeaways from the survey and offer tips on saving and managing money.
Monthly VC funding fell below $20 billion in February, marking a two-year low. Jager McConnell, CEO of Crunchbase, joined Cheddar News to discuss the current funding climate and what lies ahead.
Longtime Starbucks CEO Howard Schultz is facing sharp questioning before the Senate Health, Education, Labor and Pensions Committee where he is defending the company’s actions during an ongoing unionizing campaign.
Apple Pay is getting in on the buy now pay later boom with a feature allowing users to split purchases into four separate payments over six weeks at no additional cost or interest.
