Bloomberg Talks
Hello Alice President Talks DEI Lawsuit
Apr 8, 2024
Hello Alice CEO Elizabeth Gore discusses pending DEI lawsuits and business growth post-lawsuit. The podcast explores support from diverse groups and financial health for small businesses through AI-driven evaluations and legal aid collaborations.
04:44
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Quick takeaways
- Hello Alice faced a diversity lawsuit but received significant community and investor support, showcasing resilience.
- Hello Alice is committed to philanthropy, grants, and AI advancements, focusing on supporting small businesses.
Deep dives
Hello Alice's Legal Battle and Growth
Hello Alice, a FinTech startup, recently faced a legal battle over diversity in corporate America with a lawsuit claiming discrimination in their grant program. Despite spending significant funds on legal fees, the startup has remained resilient and reached milestones like serving 1.5 million small businesses and providing financial support to various demographics. The founder highlights the overwhelming support received from the community and investors, showcasing the resilience and growth of the business despite legal challenges.
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