Companies founded by women received less than 2% of venture capital funding in 2022— a decline from the year before. However, when women-led startups are funded, research has shown that they generate more in cumulative returns, compared to those led by men. A new VC fund aims to take this lesson to women’s sports. On Monday, venture capitalists Kara Nortman and Jasmine Robinson announced the close of a $100 million fund, the Monarch Collective, with a mission to “accelerate equity in global sport.” Nortman is a former partner at the Los Angeles-based venture capital firm Upfront Ventures. Robinson was a partner at Causeway, a fund focused on sports, media, and entertainment. The Monarch Collective, founded in January, will focus on investing in women’s teams and leagues, along with adjacent industries, such as media and gaming. The duo say they are initially considering investments in women’s soccer teams in the U.S., and in women’s teams and leagues in sports such … [Read more...] about The Monarch Collective unveils $100 million fund to bring equity to women’s sports
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A simple 5-step system to ace performance reviews
My first-ever performance review was for a huge consulting firm. It felt like drinking water from a firehose: How could I condense everything I’d done and learned into a few paragraphs? I stayed up all night, hacking together a list. But when I was done, I realized I’d missed the mark. All I had created was a record of the activities I’d done. The “so what?” wasn’t there. It wasn’t an ideal way to kick off my career. So, I developed a system that helped me track and celebrate my milestones and prepare for my reviews—without subjecting myself to disgusting coffee and all-nighters. Here’s my system, and how you can adapt it for your performance reviews. Step 1: Identify your metrics A successful performance review connects your accomplishments to metrics that matter. So, how do you identify the most important metrics? Pull verbs from your job description When you boil down a job description down, the verbs are what matter. Those words—along with … [Read more...] about A simple 5-step system to ace performance reviews
Milton Glaser didn’t want to be the voice of a generation. He was anyway
I ❤️ New York . Dylan . The New York Magazine logo . As one of the most well-known graphic designers of the past century, Milton Glaser and his work have long been ubiquitous in culture. If you assumed you’d seen it all, you’d be in good company. “I thought I had laid eyes on most everything Milton designed,” says Beth Kleber, the founding archivist of the Milton Glaser Design Study Center and Archives at the School of Visual Arts in New York City. “I was wrong.” In Milton Glaser: Pop , authors Kleber , Steven Heller (disclosure: whose blog this author edits), and Mirko Ilić resurrect hundreds of works from Glaser’s pop period (roughly 1963 to 1975) that have remained filed away since their initial publication. In kaleidoscopic color and Glaser’s signature line and wit, the works—1,100 of which are collected in the book—fueled a graphic revolution that existed beyond stuffy galleries and away from mid-century realism. As the authors detail, “pop” … [Read more...] about Milton Glaser didn’t want to be the voice of a generation. He was anyway
How machine learning is helping scientists forecast bird migration
With chatbots like ChatGPT making a splash , machine learning is playing an increasingly prominent role in our lives. For many of us, it’s been a mixed bag. We rejoice when our Spotify For You playlist finds us a new jam, but groan as we scroll through a slew of targeted ads on our Instagram feeds. Machine learning is also changing many fields that may seem surprising. One example is my discipline, ornithology—the study of birds . It isn’t just solving some of the biggest challenges associated with studying bird migration; more broadly, machine learning is expanding the ways in which people engage with birds. As spring migration picks up, here’s a look at how machine learning is influencing ways to research birds and, ultimately, to protect them. The challenge of conserving migratory birds Most birds in the Western Hemisphere migrate twice a year , flying over entire continents between their breeding and nonbreeding grounds. While these journeys are … [Read more...] about How machine learning is helping scientists forecast bird migration
PBBM lauds highest Pag-IBIG dividend rates since pandemic: 6.53% for Regular Savings, 7.03% for MP2
President Ferdinand R. Marcos Jr. lauded Pag-IBIG Fund’s highest dividend rates since the Covid-19 pandemic, as its Regular Savings dividend rate for 2022 reached 6.53 percent and its Modified Pag-IBIG 2 (MP2) Savings surged to 7.03 percent per annum The dividend rates on the members’ savings of the agency were the highlights of the Pag-IBIG Fund Chairman’s Report for 2022, where the president spoke before a gathering of agency members, partners and stakeholders at the SMX Convention Center, Tuesday (March 28). “It makes me proud that your agency’s stewardship of our national savings program has successfully provided affordable shelter financing for our people. Let me thank all of you, the members who are the owners of Pag-IBIG Fund, including concerned housing developers, partners, and other key stakeholders who have been instrumental in fulfilling the Pag-IBIG Fund’s mandate, of serving the Filipino workforce,” the President said. “As the Pag-IBIG Fund was established under the … [Read more...] about PBBM lauds highest Pag-IBIG dividend rates since pandemic: 6.53% for Regular Savings, 7.03% for MP2
The Century Cures Act Is A Needless Waste
House leadership may bring H.R. 6, the 21st Century Cures Act, to the floor after next week’s House recess. The bill doesn’t cure a thing, except, perhaps momentarily, the appetite of the federal leviathan to grow. H.R. 6 deepens the federal government’s involvement in medicine, a role that the Founding Fathers wisely left to the states and the people through the Tenth Amendment. The legislation is well-intentioned, but turns federalism on its head and spends a massive amount of money with dubious offsets. H.R. 6 is a 309 page bill that attempts to accomplish quite a bit. The bill’s goals include promoting personalized medicine, improving the clinical trials process, making the regulatory path clearer for medical apps, creating economic incentives for the development of drugs for rare diseases, improving, “the entire biomedical ecosystem ensuring the innovation infrastructure works as quickly and efficiently as possible.” Oh, it is also a “ jobs bill .” Somewhere in the … [Read more...] about The Century Cures Act Is A Needless Waste
SVB’s New Owners, The Billionaire North Carolina Family Behind First Citizens, Are Quietly Building A Banking Empire
Share to Twitter Share to Linkedin North Carolina’s First Citizens Bank doubled its size with the stroke of a pen in the early hours of Monday morning with its landmark FDIC-assisted acquisition of Silicon Valley Bank , and nobody will reap the rewards more than the family that has orchestrated its growth for the last century. Chairman and CEO Frank Holding Jr. and his four sisters Olivia Holding, Hope Bryant, Carson Brice and Claire Bristow collectively own about 20% of First Citizens’ stock and have close to 50% voting power in the company, according to SEC filings, for a cumulative stake worth $2.7 billion thanks to Monday’s 54% stock gain following the deal. The surge erased all of the stock’s year-to-date losses in the regional bank selloff stemming from SVB’s failure and contagion fears. Raleigh-based First Citizens and the Holding family have kept a low profile for decades, but the family-owned bank has been on a mission to expand nationwide via … [Read more...] about SVB’s New Owners, The Billionaire North Carolina Family Behind First Citizens, Are Quietly Building A Banking Empire
Glass beads covering the moon found to contain water
FILE PHOTO: Scientists have found water in the tiny glass beads that cover 3-5% of the moon. Water has been discovered inside tiny beads of glass on the moon . The discovery could potentially provide a “sustainable, responsible” source of water for future exploration, according to a new study published in the journal Nature Geoscience. Over the past few decades, several missions have shown that there is water both on the surface and trapped inside minerals on the moon. But this recent study goes a step further as the first to find water within the lunar surface’s glass beads, which may make up around 3% to 5% of lunar soil. Rough estimates say the moon could be holding a third of a trillion tonnes of water inside all these glass beads. The discovery comes at a time when scientists are warning of the severe danger our water resources on Earth are currently facing. A team led by the Chinese Academy of Sciences carried out the study, polishing and analysing … [Read more...] about Glass beads covering the moon found to contain water