When a company co-founder and CEO took the stage at a tech startup pitching contest in Silicon Valley recently, the last thing she had on her mind was her gender. Yet as she made her way to the stage to deliver a carefully practiced pitch for investment funding, not all the audience were applauding. Some were cat-calling. She ignored the unwanted attention and concentrated on her pitch, but later reflected on the inappropriateness. “For these people it was just a little joke but why? It was a professional conference,” she says, declining to use her name for fear it might jeopardise future funding chances. The incident is representative of a larger truth recognised by many women in Silicon Valley’s tech industry: sexist behaviour is alive and well. A long string of lawsuits alleging sexual harassment at tech startup companies and venture capital firms is currently making its way through the courts. And the sexist culture spills out in public, too. At last month’s … [Read more...] about Silicon Valley is cool and powerful. But where are the women?
Venture debt firms
The problem with feminism is that it’s just too familiar. The attention of a jaded public and neophiliac media may have been aroused by #MeToo, with its connotations of youth, sex and celebrity, but for the most part it has drifted recently towards other forms of prejudice, such as transphobia. Unfortunately for women, though, the hoary old problems of discrimination, violence and unpaid labour are still very much with us. We mistake our fatigue about feminism for the exhaustion of patriarchy. A recent large survey revealed that more than two thirds of men in Britain believe that women now enjoy equal opportunities. When the writer and activist Caroline Criado Perez campaigned to have a female historical figure on the back of sterling banknotes, one man responded: “But women are everywhere now!” It’s a smart strategy, therefore, to invite readers to view this timeworn topic through the revealing lens of data, bringing to light the hidden places where inequality … [Read more...] about Invisible Women by Caroline Criado Perez – a world designed for men
The first three accounts on Facebook don't even exist. Everyone on Facebook has a user ID number, created when they joined. The numbers aren't strictly sequential: the first few million are segmented by university, so that Harvard users were assigned 0-99999, Columbia users 100000-199999, Stanford users 200000-299999, and so on. In September 2005, high school students were allowed to join and the system changed, and changed again a year later when the site was opened to everyone. But that means that the very earliest users of Facebook are marked out by their single and double-digit user ID numbers. Some have left the site, but a lot are still there today. Zuckerberg may have been first on the site, but he's not number one. The first three accounts were reserved for testing, leaving Zuck with the number four. Straight after come his co-founders, Chris Hughes at five and Dustin Moscovitz at six. Hughes was Facebook's first spokesperson, and after leaving the company, he ran Barack … [Read more...] about Where are the first Facebook users now?
Shares in Tullow Oil more than halved after the group slashed its production forecast, scrapped its dividend and announced the departure of its chief executive and exploration director following problems at its fields in Ghana. The London-listed oil and gas explorer said the chief executive, Paul McDade, and the exploration director, Angus McCoss, had resigned by mutual agreement. The firm will be run by the chair, Dorothy Thompson, a former Drax boss, until a new chief executive is found, while Mark MacFarlane, its East Africa chief, becomes chief operating officer. Thompson said: “The board has been disappointed by the performance of Tullow’s business and now needs time to complete its thorough review of operations.” Tullow’s FTSE 250-listed shares crashed nearly 60% to 57.08p, wiping more than £1bn from the group’s stock market value to about £800m. The company was founded in 1985 in Tullow, near Dublin, by Irish businessman Aidan Heavey, and … [Read more...] about Tullow Oil shares dive as chief is ousted amid problems in Ghana
They are the fastest-growing business in the food and drink sector, but they talk about being a little juice company. They are an inexperienced start-up whose biggest competitor in the smoothies market is owned by PepsiCo, and they say they're not worried. Why should they be? They're outselling their rivals by three to one. The reality is that, though the founders of Innocent Drinks flirt with the image of naivety, they are completely focused on expanding a business whose products are intended to do you good. The three founders - Adam Balon, Jon Wright and Richard Reed - have been described as hippies with calculators. The first Innocent smoothies appeared in shops in 1999 and in less than eight years the business has grown to a current turnover of almost £100m. They have made profits (about 7 to 8 per cent) every year, have no business debt and their market share is estimated at 65 per cent. Innocent has become loved by legions of fans who regard 'Fruit Towers' as the world's … [Read more...] about These men are Innocent …