Founder
By Luc Cohen NEW YORK (Reuters) -Alex Mashinsky, the founder and former CEO of cryptocurrency lender Celsius Network, said on Tuesday he intends to plead guilty to two counts of fraud. Mashinsky, 59, was indicted on July 13, 2023, on seven counts of fraud, conspiracy and market manipulation charges. Federal…
Rocket Lab’s stock price has soared to new heights in the wake of strong earnings.CEO Peter Beck told BI competing against better-funded rivals like SpaceX is its “superpower.”Beck, who practices founder mode, broke down his morning routine — which starts before 5 a.m. and doesn’t include coffee. Peter Beck runs…
Loss-making EV firm VinFast to get $3.4 billion more funding from founder, parent company By Reuters
(Reuters) – Nasdaq-listed electric vehicle maker VinFast (NASDAQ:) said on Wednesday it will get a fresh round of funding worth 85 trillion dong ($3.35 billion) from its founder and its parent firm, Vingroup by 2026, when it expects to break even. VinFast began operations in 2019 and has been expanding…
“Founder mode” is not about “swagger,” says one of the founders who popularized it.Airbnb CEO Brian Chesky said on The Verge’s “Decoder” podcast it’s about “being in the details.”Here’s what he says most people get wrong about “founder mode” and how he actually defines it. Brian Chesky helped popularize the…
The founder of Jazzercise stays active and energized at age 80 by dancing and lifting weights.Judi Sheppard Missett said she’s motivated by a drive to help others enjoy exercise.Her diet for longevity is all about moderation and occasional treats. More than 50 years after the launch of Jazzercise helped pioneer…
From the moment Paul Graham dropped his essay on “founder mode,” people online analyzed it like a stone tablet found bearing the new commandment of startupdom.The essay argues that there are two ways of running a growing company. Founders may turn their organizations into a seven-layer dip of managers upon…
He asked: Why are startup founders directed to run their large companies like managers, delegating to their direct reports, rather than getting involved like they did in earlier stages of their companies?Graham said operating in “manager mode” over “founder mode” is anathema to companies.”What this often means is to hire professional fakers…
Bolt’s founder and ex-CEO wants to return to the driver’s seat — and he’s asking for a hefty payday to come back.The terms of the funding round were highly unusual, including a $2 million bonus for returning and $1 million in back pay for the two years he was away…
Emily Bonvicini, the 25-year-old founder of EB Denim, was at a New York Fashion Week after-party last September, drunk, at 4 a.m., when she got a tip from Taylor Swift’s stylist that the pop star was planning to wear one of her pieces.”Oh, that’s cool,” Bonvicini told Business Insider she…
By Jihoon Lee and Joyce Lee SEOUL (Reuters) – South Korea will provide $400 million in financial support to small businesses hit by payment delays on two Qoo10 e-commerce platforms and the Singapore-based firm’s founder pledged to use his own assets to help compensate customers and vendors. Seoul-based TMON and…