you arnt independtly wealthy, if you have a “credit card” from your wealthy family and you are living on your own. same goes for CV/RESUME.
Well you don’t get to have that. Possible access to your father is enough for you to get priveleges.
She will ALWAYS have help lol
Who is this bozo?
gates is her father apparently.
Phoebe Gates wants her $185 million AI startup to succeed with ‘no ties to my privilege or my last name’
But you have no problem with the $35 million they gave you? That’s part of your privilege. You say you want to succeed without it while stuffing your pockets with it.
shes basically like the rich people that think they are independant and living on thier own, but thier parents give them a credit card to do pay whatever she wants on her own,.
Well I guess as long as she has a ‘chip’ on her shoulderFUCK yeah F+G. Rarely seen in the wild.
Lightning in a bottle, that cast.
Well, most of that cast.
So, I was thinking about the Russian aristocracy today…
“Child of prominent pedophile has an AI startup” is such a vibe right now.
The featured article under this is titled
Hailey Bieber and Kris Jenner back Phoebe Gates’ fashion tech startup Phia in $8 million seed round
hilarious stuff
The only thing she wants is for us to be talking about it, and well here you all are …
They’re just insane, the whole lot of them.
The shopping assistant plugs into browsers like Chrome and Safari to compare prices and surface deals across tens of thousands of retail and resale sites in real time. It essentially serves as your own personal deal finder: Say you’re looking at a $200 dress from Anthropologie, Phia can find and compare prices at secondhand sellers to help customers find a better price.
Gates and Kianni first brainstormed startup ideas in their Stanford dorm room, cycling through concepts before landing on a consumer tool that included Gates’ interest in women’s empowerment (likely modeled after her own mother) and Kianni’s sustainability focus.
I don’t think a coupon tool that wastes excessive resources is either empowering or sustainable.
I’d be surprised if there’s actual AI behind it. That functionality already exists and works just fine.
it’s a small indian man named Al.
I’d be surprised if a human were behind it. This is exactly the kind of thing that can be vibe coded pretty fast and is mostly just reselling fancy Google searches through an LLM. I did a quick skim of the website and it’s just a bunch of items scraped from big brands with lots of similar looking images of other products. There’s too many sites for me to really believe they’ve made integrations with all of them.
The insane valuation is because of her name not because the tech is good. The only way to make money on this is the customer data. The margin on that is going to be fucking minuscule especially once LLM costs start going up so they can make money. This adds nothing of value on top so it will go away almost immediately.
She just wants to be treated like any other totally unqualified person whose mom gave her commencement speed and got handed 100 million dollars to start up a made up company.
That then told everyone about her company, that she doesn’t want any privilege in promoting, to her many followers.
Still… Fuck AI.
"Entrepreneurship is like one of those carnival games where you throw darts or something.
Middle class kids can afford one throw. Most miss. A few hit the target and get a small prize. A very few hit the center bullseye and get a bigger prize. Rags to riches! The American Dream lives on.
Rich kids can afford many throws. If they want to, they can try over and over and over again until they hit something and feel good about themselves. Some keep going until they hit the center bullseye, then they give speeches or write blog posts about “meritocracy” and the salutary effects of hard work.
Poor kids aren’t visiting the carnival. They’re the ones working it."
A coworker of mine left to start his own startup. He claimed that the IPO of an old employer gave him a little bit of cushion to work with, and he was going to take his shot. I wished him well. It was a crazy dumb app idea. But you never know.
I do remember thinking “gee and he just had a baby too, what a time to take a risk.” I later learned that he had married old money. The second he had a kid with her, he couldn’t lose.
What an awesome comparison.
Yeah that is real nail on the head stuff. The poverty trap is real. I really believe everyone should be poor once in their life for at least a year with no end in sight because many / most who haven’t experienced it don’t have the empathetic capacity to imagine it.
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