Tag Archives: Founders

Crumbl’s founders just made a surprise announcement that could change the chain forever

May 12, 2026 Crumbl’s founders just made a surprise announcement that could change the chain forever BY Sarah Bregel The founders of Crumbl Cookies are stepping down. The move comes amid a “planned transition” for the bakery chain, the leaders shared in an X post on May 11. In the post, CEO Jason McGowan explained that … Continue reading Crumbl’s founders just made a surprise announcement that could change the chain forever

HBO’s MoviePass documentary sheds light on Black founders written out of their own story

 May 28, 2024 HBO’s MoviePass documentary sheds light on Black founders written out of their own story Stacy Spikes and Hamet Watt founded MoviePass but eventually lost control of the company—and the narrative. Filmmaker Muta’Ali is helping them take it back. BY Joe Berkowitz Business stories involving a meteoric rise followed by a spectacular collapse naturally … Continue reading HBO’s MoviePass documentary sheds light on Black founders written out of their own story

Meta and Alphabet’s new dividends reward shareholders—especially the founders

May 09, 2024 Meta and Alphabet’s new dividends reward shareholders—especially the founders After the tech giants announced their first-ever stock dividends, Mark Zuckerberg, Larry Page, and Sergey Brin, each stand to make hundreds of millions of millions a year. BY Allan Sloan Paying a dividend for the first time is a big deal for a giant … Continue reading Meta and Alphabet’s new dividends reward shareholders—especially the founders

Instagram’s founders are shutting down Artifact, their year-old news app

Instagram’s founders are shutting down Artifact, their year-old news app The app was known for AI-powered features and Reddit-like posting abilities. Karissa Bell   Sat, Jan 13, 2024 Artifact Artifact, the buzzy news app from Instagram co-founders Kevin Systrom and Mike Krieger, is shutting down less than a year after its launch. In a note … Continue reading Instagram’s founders are shutting down Artifact, their year-old news app

Op-ed: Why do VCs fund founders like Sam Bankman-Fried and Elizabeth Holmes but not Black entrepreneurs?

  By Rodney Williams January 12, 2024 Sam Bankman Fried, former founder and CEO of cryptocurrency exchange FTX, was found guilty of wire fraud, conspiracy, and stealing as much as $10 billion in customer money. Elizabeth Holmes, founder of Theranos, is serving an 11-year sentence for fraud and conspiracy over false claims she made to … Continue reading Op-ed: Why do VCs fund founders like Sam Bankman-Fried and Elizabeth Holmes but not Black entrepreneurs?

How much should startup founders pay themselves in salary? Increasingly, the answer is $0

  By Clint Rainey September 26, 2023 On the whole, startup founders seem to have been busy this year enjoying the spoils of their hard labor: Their median salary, according to a new report by the startup-focused accounting firm Pilot, has increased by 15%. But then another pattern jumps out: The biggest change in the … Continue reading How much should startup founders pay themselves in salary? Increasingly, the answer is $0