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.
Sens. Elizabeth Warren, Ron Wyden, Ed Markey, and Mazie Hirono sent a letter to top officials at Twitter expressing their concerns over the platform's privacy policy.
The world's largest cryptocurrency exchange Binance and its founder Changpeng Zhao are accused of misusing investor funds, operating as an unregistered exchange and violating a slew of U.S. securities laws in a lawsuit filed by the SEC.
Apple on Monday unveiled a long-rumored headset that will place its users between the virtual and real world, while also testing the technology trendsetter's ability to popularize new-fangled devices after others failed to capture the public's imagination.
Customers of Venmo, PayPal and CashApp should not store their money with these apps for the long term because the funds might not be safe during a crisis, the Consumer Financial Protection Bureau warned on Thursday.
