Tag

Self Funded

All articles tagged with #self funded

politics2 months ago•10 min saved

Steyer's $216 Million Bet for California Governor Falls Short

Billionaire Tom Steyer spent a record $216 million on his California gubernatorial bid but failed to advance to the November general election, finishing behind Steve Hilton and Xavier Becerra in the primary. Analysts cite ad saturation, message fatigue, and voter skepticism about a billionaire candidate, despite early polling gains; Steyer endorsed Becerra after the results, highlighting ongoing challenges for self-funded candidates in California.

via Los Angeles Times|

#california #campaign-spending #governors-race

business2 years ago•1 min saved

"Beyoncé's Self-Funded Cécred Haircare Line and Generous Philanthropy"

Beyonce's new hair care company, Cécred, is making waves not only for its products but also for being completely self-funded without any outside investors. The six-year development period involved extensive testing and navigating investment opportunities, ultimately leading to the decision to self-fund. Beyonce emphasized the importance of prioritizing the needs of textured hair and expressed her vision for inclusivity in the haircare industry. Cécred's self-funding approach is breaking barriers in an industry where Black women received just 1% of VC funding in 2023.

via Essence|

#beauty-industry #beyonce #business