U.S. President Donald Trump’s plans to place $100,000 fees on H-1B visa applications will disproportionately harm America’s startup space, founders and venture capitalists told CNBC this week. H-1B visas — which allow companies to temporarily hire foreign workers in skilled occupations such as IT, healthcare and engineering — were already difficult to secure for U.S. startups,…
Rachael De Foe, 31, works as a fractional head of communications. Courtesy of Rachael De Foe. In late 2019, Rachael De Foe was burnt out, so she took a leap of faith that many dream of but never do: she quit her nine-to-five job without anything lined up. The Singapore-native had spent the past few…
For many people, being your own boss is the ultimate dream — but most Americans aren’t actually doing it. Sixty-two percent of U.S. adults want to be their own boss one day, according to a Gallup survey published on June 6. A fraction of them take the jump into entrepreneurship: There are currently 36.2 million…
Like millions of fellow 18-year-olds across the U.S., Zach Yadegari spent his summer preparing for college. Unlike most other freshmen, Yadegari doubts he’ll linger in academia for very long. He’s the co-founder and CEO of Cal AI, a calorie-tracking mobile app he launched from his parents’ home in Roslyn, New York, in May 2024 —…
Lucy Guo, founder and CEO of Passes. Passes Serial entrepreneur turned billionaire Lucy Guo shared that growing up with frugal parents motivated her to start hustling from the early days of her childhood. The thirty-year-old was recently named Forbes’ youngest self-made billionaire with a net worth of $1.3 billion, after her first business, Scale AI,…
Peter Specht, general partner at venture capital firm Creandum. Creandum As pitches from founders come flooding in, one investor has revealed how VCs use a historic “law” to identify the best investments. “The power law in venture capital basically means that a small number of investments generate the vast majority of returns. So essentially, one…
Caesar Sengupta, co-founder and CEO of Arta Finance. Courtesy of Arta Finance Given the ups and downs of the startup journey, the biggest “superpower” that entrepreneurs can have is the ability to ground themselves, said Caesar Sengupta, co-founder and CEO of fintech startup Arta Finance. “There’s so much noise in the world,” Sengupta told CNBC…
Lucy Blakiston used to think working in media meant living a glitzy life wearing kitten heels, getting her nails done and working from chic offices. Instead, the 27-year-old runs her media empire, S— You Should Care About, from her bedroom in Wellington, New Zealand, where she lives with six of her hometown friends and prefers…
CNN , When customer Silicon valley bank Last month ran to billions of dollars, venture capitalist Arlan Hamilton stepped up to help some colored founders, who panicked about losing access to parole funds. As a black woman with a business experience of about 10 years, Hamilton knew that options for those startup founders were limited….
Dakota Peters wasn’t sure what she’d do after high school. The 25-year-old Florida native weighed going to college but ultimately decided against it. Her older sisters taught her that if she didn’t have a specific direction for studying, she was better off just getting work experience in the real world. During her senior year of…
