StyleSeat co-founder and CEO Melody McCloskey talks about the growth of her company, as well as the lack of women in Silicon Valley boardrooms. StyleSeat allows users to find spas and salons and book appointments, while also allowing those businesses to grow.
McCloskey says the StyleSeat platform empowers beauty professionals, which in turn means it empowers women since 75% of workers in the industry are female. The CEO says fundraising was very hard in the beginning since it was nothing VCs had ever seen before.
McCloskey addresses the accusations of sexism and harassment surrounding Uber CEO Travis Kalanick, who was an early investor in StyleSeat. McCloskey explains all of her interactions with Kalanick have been "very supportive." McCloskey can't talk about revenue goals but says StyleSeat has been profitable for a while now.
Payments are restarting for student loan borrowers but the FTC is warning about in increased risk of getting scammed. Leslie Tayne, founder of Tayne Law Group, joined Cheddar News to provide tips on how to avoid scams amid confusion over payment plans and restarting dates.
Roadway deaths in the U.S. are mounting despite government test data showing vehicles have been getting safer. While the number of all car-related fatalities has trended upward over the last decade, pedestrians and cyclists have seen the sharpest rise: over 60% between 2011 and 2022.
