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A look at how one fintech CEO’s PR decision backfired

TechCrunch · 1y ago

A look at how one fintech CEO’s PR decision backfired

Carta CEO Henry Ward's decision to address negative press by sending a letter to customers raised questions about his judgment. The move brought attention to the company's issues, including allegations of sexual abuse and a toxic culture. Ward's action was likened to the Streisand effect, where trying to draw attention away from something only attracts more. The impact of this drama on Carta's business remains a curiosity.

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Tech Talk- Founders/CEO’S talking about AI and it’s market disruption

VCCircle

VCCircle · 1y ago

Tech Talk- Founders/CEO’S talking about AI and it’s market disruption

Founders and CEOs from various industries discuss the impact of artificial intelligence (AI) and its potential to disrupt markets. Sunil Goyal, founder of Solutomatic Global Private Limited, highlights how AI can bridge the gap between insurers and customers. Nitin Jain, CEO of India PR Distribution, discusses the use of AI in efficiently executing digital PR campaigns. Yash Fatnani, founder and CEO of MedeaCup, emphasizes the transformative role of AI in marketing strategies. Other industry experts also share their insights on AI's impact in logistics, politics, healthcare, customer relationship management (CRM), and more.

Grind for a decade, no one cares for 7.5 yrs & hates you for remaining 2.5 yrs: Altman

Inshorts · 4m ago

Grind for a decade, no one cares for 7.5 yrs & hates you for remaining 2.5 yrs: Altman

OpenAI CEO Sam Altman talked about how his life has been while working at the AI startup. "Be me," he wrote, saying that after his 10-year grind, most people didn't care for first 7.5 years but hated him for remaining 2.5 years. "Wake up one day to hundreds of messages...'Look I made you into a twink ghibli style," he posted.

Chai Sutta Bar founder uses cuss word in motivational post; user replies "Bro...chill you just sell flavoured chai"

IndianStartupNews

IndianStartupNews · 1y ago

Chai Sutta Bar founder uses cuss word in motivational post; user replies "Bro...chill you just sell flavoured chai"

Anubhav Dubey, the founder of 'Chai Sutta Bar', faced backlash on social media after his attempt at a motivational post using a cuss word backfired. His statement, "We are making f**king Army here," accompanied by a meeting photo, went viral but received more criticism than inspiration. Netizens questioned the need for an "army" to sell tea and highlighted that using profanity does not make one cool. Despite this, Dubey has achieved success with 'Chai Sutta Bar', which has a claimed turnover of Rs 150 crore and over 500 outlets worldwide.

A closer look at the Galaxy S25 Ultra.

The Verge

The Verge · 7m ago

A closer look at the Galaxy S25 Ultra.

New images have surfaced of the upcoming Samsung flagship, revealing the bottom half of the device and its features such as the USB-C port, SIM slot, speaker, and S Pen. These images also provide a glimpse of the One UI 7 update and how it will look on the device.

If couples don't stare at each other, how'll India be most populous: Anupam Mittal

Inshorts · 6m ago

If couples don't stare at each other, how'll India be most populous: Anupam Mittal

Shaadi.com Founder Anupam Mittal reacted to L&T Chairman SN Subrahmanyan's 'How long can you stare at your wife?' comment. "But sir, if husband and wife don't look at each other, how will we remain most populous country in the world?" Mittal said. He earlier said employees must work long enough so that it's the only thing they have time for.

Companies News Today Live Updates on January 20, 2025: Smartworks to manage Zepto's new Bengaluru headquarters

Livemint

Livemint · 6m ago

Companies News Today Live Updates on January 20, 2025: Smartworks to manage Zepto's new Bengaluru headquarters

Smartworks will manage Zepto's new Bengaluru headquarters, reflecting a significant business development. On January 20, 2025, key updates feature companies' financial performances, strategic acquisitions, market shifts, mergers, and leadership changes impacting the business landscape. These insights offer a comprehensive look at how various industries are evolving.

Former Freecharge CEO’s startup Kiwi to raise around $15 Mn

Entrackr

Entrackr · 1y ago

Former Freecharge CEO’s startup Kiwi to raise around $15 Mn

Virtual credit card platform Kiwi is reportedly in talks to raise around $15 million in a new funding round. The startup, based in Bengaluru, is said to be finalizing the deal with investors Omidyar and Nexus Venture Partners. This would mark Kiwi's second fundraise this year, with the company potentially reaching a valuation of $70-80 million in the Series A round. Kiwi allows customers to experience credit on UPI by issuing Rupay cards in partnership with banks. The Reserve Bank of India's recent decision to allow linking of RuPay credit cards to the UPI network is expected to boost Kiwi's growth.

Our country and economy are on a strong footing, states DP Singh

Internet

Internet · 1y ago

Our country and economy are on a strong footing, states DP Singh

Our country and the economy are on a strong footing where domestic and foreign investors are actively wanting to be part of our country’s growth story. I would advise investors to look at their individual circumstances, in terms of asset allocation and financial goals when making any investment decision, says DP Singh, DMD and Joint CEO, SBI Mutual Fund

Nintendo CEO’s refusal to layoff staff goes viral following industry-wide cuts

Medial

Medial · 1y ago

Nintendo CEO’s refusal to layoff staff goes viral following industry-wide cuts

Fans are sharing the sentiments of former Nintendo CEO Satoru Iwata, who refused to lay off staff during the Wii U era despite financial struggles. This decision, which saw Iwata taking a 50% pay cut and other executives reducing their salaries by 20%, is now being praised on social media amidst the recent wave of layoffs across the gaming industry. Fans argue that other executives should follow Iwata's example in prioritizing employee well-being and job security over short-term financial gains.

Wiz walks away from Google’s $23B acquisition offer: Read the CEO’s note to employees

TechCrunch · 1y ago

Wiz walks away from Google’s $23B acquisition offer: Read the CEO’s note to employees

Cybersecurity startup Wiz rejected a $23 billion acquisition offer from Alphabet, despite it being nearly double its last valuation. CEO Assaf Rappaport informed Wiz’s 1200 employees of their decision to stay independent, aiming for $1 billion in ARR and an IPO. The company, founded in 2020, includes former Israeli military officers and notable venture backers like Index Ventures and Sequoia Capital.

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