Equity

Pick your poison: recruitment or retention?

Nov 18, 2022
This week, the hosts dive into Maven's impressive funding surge, aimed at enhancing women’s health services. They also unpack Alibaba’s ambitious expansion plans into Latin America, amidst a slowing Chinese economy. The fallout from FTX remains a hot topic, highlighting the human cost of layoffs at affected startups. Amazon’s recent cutbacks lead to discussions about employee morale and hiring challenges in the tech sector. The conversation wraps up with a candid look at media responsibilities in covering influential figures.
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ANECDOTE

Maven's Funding Success

  • Maven, a women's health clinic and benefits platform, raised $90 million in Series E funding.
  • Their valuation grew from $1 billion to $1.35 billion, countering the current venture funding downturn.
INSIGHT

Benefits as a Recruitment Tool

  • Employers offer benefits to retain or recruit talent, not as favors.
  • Maven's growth in employer coverage suggests women's health benefits are still prioritized despite budget cuts.
INSIGHT

The Chinese Economy's Uniqueness

  • Alex Wilhelm expresses interest in the Chinese economy due to its unique structure.
  • This includes local government tax revenue, focus on construction, and centralized media control.
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