In this week's edition of "In the Moment" brought to you by Citi Co-Founder and CEO of WayUp Liz Wessel talks about when she found her passion and how she celebrated her first big win.
WayUp helps connects young adults with jobs and was discovered after Wessel tried a career in politics. She realized she didn't like some of the people she was working with and wanted to start a company that would help others find their passion.
Most of the employees at WayUp are millennials or Gen Z'ers. Wessel talks about how important it is to have a staff of people who went through the same issues that the company solves for its clients. In addition to that, Wessel talks about the process of hiring an executive team.
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank. The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White House. The initial investment is expected to be $100 billion and could reach five times that sum. While Trump has seized on similar announcements to show that his presidency is boosting the economy, there were already expectations of a massive buildout of data centers and electricity plants needed for the development of AI.
Chris Ruder, Spikeball Founder and CEO, explains how he and his friends put roundnet on the global map, plus, how Spikeball helps people "find their circle."
J.W. Roth, CEO of Venu Holding Corporation, discusses the company's IPO and plans to redefine live music entertainment with their fan founded, fan-owned model.
Variety's Clayton Davis discusses why more than just the 1% are struggling after the LA fires. Plus, how awards shows will pivot to help victims. Watch!
Emily Hosie, CEO of Rebelstork, explains the concept of Returns Recommerce, plus how her company raised $18M to address the industry-wide issue of returns.