The resignation of Glossier CEO Emily Weiss inspired another wave of obituaries for young, female founders. Nevertheless, they persist—and refuse to be put on glass pedestals again. I n October 2021, Rent the Runway cofounder Jennifer Hyman took her 12-year-old subscription fashion company public at a $1.7 billion valuation, valuing her 5.1% stake at nearly $49 million. The 41-year-old CEO was one of only about 25 American women in history to go public with a company she had founded. But Rent the Runway’s IPO was even more unusual for not only having a female founder but also a female CFO and a female COO. Hyman celebrated the moment on a flowery Nasdaq podium surrounded by the key women on her team, her two daughters and a shower of pink confetti. But for all the femininity on stage, there is one word that Hyman would not use to mark the moment: “Girlboss.” “We've created a false narrative because we looked at two or three examples of women who were building businesses … [Read more...] about Why Female Entrepreneurs Welcome The End Of The Girlboss Era—Once And For All
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Alessandro Riggio On How To Manage And Grow The World’s Biggest Social Media Personalities
Share to Twitter Share to Linkedin The world of social media is competitive, but enormous and with endless possibilities for those who excel. Alessandro Riggio got started in the social media game in 2010 and today manages some of the largest names in the industry. Khaby Lame (who this week became number 1 on TikTok with 145 million followers, ahead of Charli d’Amelio), Serena Williams , Douglas Costa , Brahim Diaz , and Alvaro Morata - to name a few. Few have been around since the early days of social media, let alone to rise to the top. However, Alessandro proved not only his abilities, but also his passion when he rose from a film student to become one of the world’s top social media managers. As an example, Alessandro took on Khaby Lame as a client when he had 1,000 Instagram followers - fast forward to today where Khaby boasts around 80 million. Ale is an Italian entrepreneur who built a name for himself by bringing his clients to the … [Read more...] about Alessandro Riggio On How To Manage And Grow The World’s Biggest Social Media Personalities
What To Expect For July 4th Gas Prices
Share to Twitter Share to Linkedin Topline Gas prices are steadily but slowly dropping ahead of July Fourth and further relief at the pump may be coming ahead of one the most popular driving days of the year, though prices are still elevated compared to 2021. Key Facts The average national gas price Monday is $4.897 per gallon, according to the American Automobile Association, which is down 12 cents from its peak of $5.016 on June 14. Patrick De Haan, GasBuddy’s head of petroleum analysis, predicted Sunday the national average for gas prices could fall to as low as $4.75 by July Fourth as crude oil prices fall. That would still represent a more than 50% increase from last July Fourth, when the national average gallon of gas was $3.13, per AAA. Still, AAA forecasts a record-high 42 million Americans will travel 50-plus miles over the holiday weekend – a telling sign as demand for gas remains largely unfazed by the historic … [Read more...] about What To Expect For July 4th Gas Prices
Inside The Forbes Under 30 EMEA Summit: Tackling Conflicts And Forging Coexistence In Israel
Share to Twitter Share to Linkedin It’s been two weeks since I returned from our 2022 Forbes Under 30 Summit EMEA in Israel and it’s still hard for me to answer everyone’s first question: What was the best part? Sure, tasting my way through “The Shuk” marketplace in Jerusalem was an experience unlike any other, as was ringing the bell at the opening ceremony of the Tel Aviv Stock Exchange alongside a group of brilliant and talented Under 30 alums. But I think the part that sticks with me the most was my time at Jerusalem’s Margalit Startup City , one of Startup Nation’s signature innovation hubs. Situated under vibrant cherry trees, I got to watch members of the Forbes Under 30 community mentor 11 early-stage Middle Eastern startups —many of who have made it their mission to solve the Israeli-Palestinian conflict. Take Andy Hirsh, whose animation studio Olive Branch Pictures is addressing the conflict with a children’s film about two young women … [Read more...] about Inside The Forbes Under 30 EMEA Summit: Tackling Conflicts And Forging Coexistence In Israel