WeWork's Creator Awards Aim to Inspire Entrepreneurs
Thursday night, WeWork announced the winners of its first-ever Creator Awards in New York City. The event is part of WeWork's global initiative to award more than $20 million to entrepreneurs. Twenty-one winners in three categories were awarded a combined $1.86 million in funding.
Cheddar anchors Brad Smith and Hope King spoke with winner Karen Young, who founded Oui Shave, and WeWork's director of digital community, Victoria Taylor.
Young won the Scale Award and $180,000 in funding. This tier is for businesses with proven success that are ready for the next level. Young says this funding will help her meet the demand for her products. The Oui Shave razor currently has a waitlist of more than 800 woman, says Young.
Taylor says this program is about celebrating and empowering people with original ideas. Before coming to New York City, the Creator Awards were launched in Washington, D.C., Detroit, Austin, London, Berlin, and Tel Aviv. WeWork is a partner of Cheddar.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
