What does a Grammy-nominated singer-songwriter do for an encore? If you’re Aloe Blacc, you add “biotech entrepreneur” to your résumé. After contracting COVID-19 in 2022—despite up-to-date vaccinations—the “Wake Me Up” artist co-founded Major Inc. to figure out ways to block the transmission of infectious diseases, rather than fortify the body’s immune system to combat them. How is technology driving innovation in biotech? And where does music fit in? Blacc shared his story at #BrainstormTech and treated the audience to a special performance. Read more: https://lnkd.in/dt5wDVZz
Fortune
Book and Periodical Publishing
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Fortune lights the path for global leaders — and gives them the tools to make business better
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FORTUNE is a global media organization dedicated to helping its readers, viewers, and attendees succeed big in business through unrivaled access and best-in-class storytelling. We drive the conversation about business. With a global perspective, the guiding wisdom of history, and an unflinching eye to the future, we report and reveal the stories that matter today—and that will matter even more tomorrow. With the trusted power to convene and challenge those who are shaping industry, commerce and society around the world, FORTUNE lights the path for global leaders—and gives them the tools to make business better.
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http://www.fortune.com
External link for Fortune
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Employees at Fortune
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Victoria Slivkoff
Extreme Tech Challenge | Walden Catalyst Ventures | Deep Tech | TV Personality and Producer
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Mallun Yen
Founder of Operator Collective, a venture firm and community of founders and operator LPs
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Chris Morris
Contributing Writer at Fortune Magazine (and Fortune.com), Nasdaq.com, Fast Company, AARP and more.
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Don Ross
Updates
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Fortune reposted this
Spectacular scenery, meaningful conversations, and tons of networking - the Fortune #BrainstormTech Conference never disappoints. It's been a packed couple of days hearing from Founders, Venture Capitalists, and leading journalists, and introducing several attendees to KPMG's AI personality, Skylar.
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Fortune reposted this
"My whole life is impossible." Watch my interview with Grindr CEO George Arison here:
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While many of his peers have spent the last week rallying around who they will support in the 2024 election cycle, Sequoia Capital’s top partner Roelof Botha criticized the level of division in the country and said that his firm would not be choosing sides. “At Sequoia as a partnership, we don’t take a political point of view,” Botha said Tuesday at #BrainstormTech in Park City, Utah. He added: “We’re proud of the fact that we’ve enabled many of our partners to express their respected individual views along the way, and given them that freedom.” Read more: https://lnkd.in/evUhUFbg
Sequoia captain Roelof Botha says firm won't take sides in presidential election, laments 'unhealthy' partisan divide
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Google sent a jolt of unease into the climate change debate this month when it disclosed that emissions from its data centers rose 13% in 2023, citing the “AI transition” in its annual environmental report. But according to Jeff Dean, Google’s chief scientist, the report doesn’t tell the full story and gives AI more than its fair share of blame. Dean, who is chief scientist at both Google DeepMind and Google Research, said that Google is not backing off its commitment to be powered by 100% clean energy by the end of 2030. But, he said, that progress is “not necessarily a linear thing” because some of Google’s work with clean energy providers will not come on line until several years from now. “Those things will provide significant jumps in the percentage of our energy that is carbon-free energy, but we also want to focus on making our systems as efficient as possible,” Dean said at #BrainstormTech in an onstage interview with Fortune’s AI editor Jeremy Kahn. Read more: https://lnkd.in/eRHvak-6
Google AI heavyweight Jeff Dean talks about algorithmic breakthroughs and data center emissions
fortune.com
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For a startup to earn the moniker “unicorn”— attaining a valuation of $1 billion as a private company—was once a vaunted status. Just a decade ago, only 80 companies had joined the club. Then came the boom of the zero-interest rate era, pushing the number above 1,200 by the beginning of 2024. But the venture capitalists who backed them have a burning question: Will they ever achieve an exit? The so-called “age of the unicorns” has given way to a freezing of public markets, which Fortune deemed the “age of the unicorpses” in a cover story in January. With interest rates rising and government regulators striking down acquisitions, all of the companies that were able to rake in billions in funding have now found themselves struggling to achieve a successful outcome, with many folding against a less forgiving financial landscape. At #BrainstormTech conference, a panel of top investors from firms including Google’s independent growth fund CapitalG and the multi-billion-dollar firm Norwest Venture Partners discussed how they are coping with the new reality and whether IPO markets will open back up within the next couple of years. The conclusions were mixed. Read more: https://lnkd.in/eeQaaf3H
How VCs from CapitalG to Norwest are coping with a dead IPO landscape: 'We’re not here to time the market'
fortune.com
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“If you pinpoint a time in history, probably March 2020, that’s the time to start cloud security.” In an interview at Fortune’s #BrainstormTech conference, Wiz founder Assaf Rappaport said that leaving Microsoft felt like the “most horrible decision ever.” “I think that one of the advantages that we had is learning from the mistakes of others,” Rappaport said. See more coverage from #BrainstormTech here: bit.ly/4bJ2WZJ
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The rise of generative AI will allow startups to do more with less. But the downside for entrepreneurs in the years ahead will be a more intense talent war for the best technical human employees. That’s according to George Arison, a serial entrepreneur and the CEO of Grindr, the $2 billion dating company that caters to LGBTQ communities. In the near future, it won’t be unheard-of for startups to scale to $100 million in revenue with just a couple of dozen employees, Arison said in an onstage conversation at #BrainstormTech in Park City, Utah. The rise of generative AI will mean that “synthetic employees,” as Arison referred to them, can handle a lot of the work that humans used to be hired to do. That’s the good news for tech founders. Read more: https://lnkd.in/eJzSXHVu
Founders beware: "Synthetic" AI employees will incite a new tech talent war for startups
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Fortune reposted this
I had the pleasure of speaking with Polina Marinova Pompliano on the Fortune Brainstorm Tech main stage today, where we discussed Grindr's remarkable success in the first half of this year. Over the last two years we’ve focused on continuous product innovation, which has been instrumental in supporting and engaging our audience. Our nearly 14M million active users are seeking unique opportunities to build community ties and access the benefits of the Gayborhood on their phone. So it was fun to chat about how synthetic employees are likely to transform how we work in the next few years, allowing us to build more great products for our users while maintaining a lean and highly productive team. https://lnkd.in/epg3rJkX
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Fortune reposted this
Co-Founder, Rent the Runway and Jetblack (Walmart subsidary), Partner Initialized Capital, Board Member, Founder of Roll Rider (with my 3 kids!)
Such fun chatting founder mental health and my journey joining the world of venture with Initialized Capital with Andy Dunn at Fortune Brainstorm Tech!
Rent The Runway cofounder Jennifer Fleiss advises other entrepreneurs at #BrainstormTech to create an email address to send wins and memories to. "When you have a fun moment, a funny email, a photo, just BCC that email, and then look back at it every five years," she told Bonobos and Pie founder at #BrainstormTech. Learn more: http://bit.ly/3W6pOfP