Yesterday, Bloomberg released a report detailing multiple sexual harassment claims made against venture capitalist Shervin Pishevar. Pishevar was an early investor in Uber, and was accused of making unwanted advances towards work associates.
Sarah Lacy, CEO and editor of Pando Daily, joins Cheddar to break down the Bloomberg report and the news. Lacy says she wasn't surprised by the allegations because of her own personal experiences with Pishevar. She also noted that the venture capitalist was known in the industry for morally questionable behavior.
Lacy says she hopes there are repercussions for Pishevar's behavior. She categorized his actions as similar in severity to Hollywood gatekeeper Harvey Weinstein. Lacy feels he should be stripped of his power, and dismissed from his firm. She says Shervin Pishevar is another example of the ongoing issue of bro culture and sexual harassment in Silicon Valley.
Freaks of Nature offers sustainable skincare for outdoor athletes, focusing on performance and eco-consciousness with innovative formulations and packaging.
JPMorgan Chase says profits jumped sharply ias the bank cashed in billions of dollars of its holdings in Visa Inc., also helped by higher interest rates.
Archegos's Bill Hwang turned $10 billion into $160 billion into nothing. Plus: Intuit's layoffs, Elon's travails, Boeing's bad week, Jerome Powell, and mor
Language learning apps surged in 2024, with Babbel offering interactive lessons, vocabulary practice, and grammar exercises for effective language acquisition.
