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At times, we tend to over-glorify the tendency to blur lines between professional and personal life. However, people today are realising the importance of <keyword id="19901232" type="General" weightage="100" keywordseo="work-life-balance" source="keywords">work-life balance</keyword> and there have been ample studies that show how important it is to balance work and professional life for your overall wellbeing. But for some people, the concept of work-life balance doesn't exist and they are ardent followers of the '<keyword id="21227403" type="General" weightage="20" keywordseo="hustle-culture" source="keywords">hustle culture</keyword>'. A recent <keyword id="20313396" type="General" weightage="20" keywordseo="LinkedIn-post" source="keywords">LinkedIn post</keyword> featuring <keyword id="23468345" type="General" weightage="20" keywordseo="Casey-Mackrell" source="keywords">Casey Mackrell</keyword>, co-founder of the <keyword id="20129288" type="General" weightage="20" keywordseo="AI-startup" source="keywords">AI startup</keyword> Thoughtly, has once again sparked the debate about work-life balance after it showed him working on his laptop during his own wedding. The post, shared by his fellow co-founder Torrey Leonard, aimed to highlight Mackrell’s dedication to his work. Leonard explained that the company had just landed a new client with a two-week deadline for a project, coinciding with Mackrell’s wedding day. “So, here he is wrapping up a pull request. At his own wedding. Congrats Casey—now please, go take some time off,” Leonard wrote, seemingly applauding Mackrell’s commitment. However, the reaction from internet users has been far from celebratory. Many found the scenario both shocking and concerning, suggesting it reflects a troubling trend in modern work culture. One commenter quipped, “Divorce papers being sent to his LinkedIn inbox so he actually sees them,” while another remarked, “If this isn’t satire, this work ethic should neither be publicised nor applauded. It doesn’t say much about the company either if he was the only person that could deal with this that day.” People were quick to label the situation as a glaring example of poor work-life balance. “This is actually sad and not a flex to be applauded,” one user noted and added, “To me, it shows very poor work-life balance and wrong priorities.” Another user commented on the post, “Utterly bizarre to post this. This is nothing to brag about. This guy is at his wedding working on his laptop, and you’re congratulating him?” The mixed reactions have sparked discussions on social media about the pressures many professionals face in high-stakes environments. As deadlines loom and expectations rise, some feel compelled to prioritise work over personal moments that matter. As more people share their thoughts, one thing is clear: work should never come at the cost of life’s most significant moments.

‘Wrong priorities, nothing to brag about’: Internet reacts to LinkedIn post showing startup founder working on a laptop at his wedding

Zoho to Zerodha, here are the 10 most valuable bootstrapped companies in India

<ul class="summary-list"><li>After a two-year market slowdown, IPOs are rebounding and set to surge in 2025.</li><li>Morgan Stanley has partnered with cap-table firm Carta to reach founders before they get rich.</li></ul>After a two-year dealmaking drought, IPOs are mounting a <a target="_blank" href="https://www.businessinsider.com/wall-street-q3-investment-banking-boom-could-be-upended-2024-10">comeback</a>, enriching their founders and employees in the process. To land these desirable clients before their big windfall, Morgan Stanley has partnered with Carta, a platform for startups and investors to track company ownership, Business Insider has learned.Silicon Valley firms widely use Carta's financial software for tasks like issuing stock options and administering executive compensation. With this new partnership, Carta will refer clients looking to go public to Morgan Stanley at Work, a division that caters to businesses and their employees. Carta told BI it has nearly 2,000 clients that have raised up to a series C and are on the pathway to IPO. "The likelihood of the pipeline materializing is higher than it has been in a very long time," the bank's wealth boss, Jed Finn, said in an exclusive interview. He said investors have been waiting to cash out and favorable conditions are on the horizon, such as the future Trump administration cutting red tape for megamergers.Morgan Stanley uses workplace services like employee financial advice and executive compensation to get clients in the door while they're building wealth and hopefully convert them into fee-paying financial advisory customers. Over the past three years, the $6 trillion wealth business has added $250 billion in assets from individuals who started either as workplace or brokerage clients. This partnership is part of Morgan Stanley's effort to reach $10 trillion in client assets between the wealth arm and its smaller $1.6 trillion investment management unit.Since companies are staying private longer and growing larger before going public, their employees are more likely to need financial advice before and after a mammoth IPO, Finn said. Potential dilemmas include whether to put their shares in a trust or how to diversify their newfound wealth."We're uniquely situated to be able to address that complexity and to provide the advice these employees need as the companies embark on their next wave of growth," he said.<h2 id="acbbb492-dd88-44fa-85c7-3862302f80a4">How it works</h2>The referral deal fills gaps for Morgan Stanley and Carta. It gives the bank access to a broader customer base of private companies than its in-house stock planning administrator, Shareworks, and allows Carta customers to go public with less hassle. Carta stopped <a target="_blank" href="https://www.businessinsider.com/startup-unicorn-carta-eliminating-equity-software-public-companies-2023-3">managing employee equity for public companies</a> last year, but now customers can swiftly transport their data from Carta to Shareworks before they go public and stay on the platform after their IPO."This really works for making it easier for Carta clients to get that second part of their existence, the public part, in the hands of somebody who has the experience to deliver it," Finn said. "It takes a lot of the risk, the stress, the data security issues out of the process because we have a seamless and protected mechanism to make that transition."<div type="image" title="Headshot of Morgan Stanley wealth boss Jed Finn" height="744" width="1024" msid="115216958" hostid="261" sizebytes="18792"></div>Carta clients can access Morgan Stanley services before moving to Shareworks. For instance, clients considering going public can meet with a Morgan Stanley investment banker to walk through options.From there, companies can access the same offerings as other Shareworks customers, such as IPO prep and valuation services. After going public, they can tap Morgan Stanley for other services, including 401(k) management and financial reporting.Before and after the IPO, employees can get financial advice from Morgan Stanley. Advisors even visit company campuses to hold webinars and office hours. Ideally, these conversations lead to employees becoming wealth management clients, Finn said.<h2 id="a88b4676-48a0-4139-a4a0-72d1bbdd9d16">It has been a rocky year for Carta</h2>Finn had known Carta CEO Henry Ward since 2019 when the bank was looking to expand its stock management business. That year, Morgan Stanley bought a Carta competitor, Solium, now known as Shareworks. In 2021, the bank also acquired the cap table business of Silicon Valley law firm Wilson Sonsini.The partnership caps off a tough year for Carta, which was accused in January of <a target="_blank" href="https://www.businessinsider.com/carta-backlash-silicon-valley-startups-2024-1">misusing client information</a> to solicit startup investors to sell their shares without the client's consent. Ward said in a post on <a target="_blank" class="" href="https://henrysward.medium.com/how-we-handle-captable-information-c98d85d79277">Medium </a>that it was an isolated incident by a rogue employee, and Carta shuttered its <a target="_blank" href="https://www.businessinsider.com/carta-gives-up-dream-of-being-nasdaq-for-private-markets-2024-1">secondary trading business</a>.Finn declined to confirm whether Morgan Stanley considered buying Carta. "We regularly evaluate every company in the space we're thinking about," he said. "In this particular instance, we thought the partnership made the most sense since it addresses their needs, addresses our opportunity, and, importantly, it serves the clients most effectively."

Morgan Stanley partners with Carta to serve startup employees after lucrative IPOs

10 start-up incubators to kickstart your venture in India

New Delhi: <keyword id="20845764" type="General" weightage="100" keywordseo="Indias-startup-ecosystem" source="keywords">India's startup ecosystem</keyword> experienced a surge in <keyword id="19913965" type="General" weightage="20" keywordseo="venture-capital" source="keywords">venture capital</keyword> (VC) funding during the first seven months of 2024, raising a total of USD 6.3 billion through 672 deals. This marks a 42.1 per cent year-on-year (YoY) increase in funding value, despite a modest 1.2 per cent rise in deal volume, according to a report by <keyword id="19910824" type="General" weightage="20" keywordseo="GlobalData" source="keywords" meta.keywordsubtype="org" meta.entityname="GlobalData" meta.hostid="261" meta.entityid="GlobalData">GlobalData</keyword>. The uptick in funding underscores investor confidence in India's <keyword id="21354516" type="General" weightage="20" keywordseo="startup-landscape" source="keywords">startup landscape</keyword>, even as global market conditions remain cautious. An analysis of GlobalData's Deals Database reveals that during the same period in 2023, India saw 664 VC deals with a disclosed funding value of USD 4.4 billion. Aurojyoti Bose, Lead Analyst at GlobalData, commented on the findings and said, "The massive jump in funding value, despite a modest 1.2 per cent growth in deal volume, can be attributed to some of the big-ticket deals announced during the review period. This also proves that even though VC investors remain cautious there is no dearth of money for promising startups." Some of the most notable <keyword id="20948843" type="General" weightage="20" keywordseo="VC-funding" source="keywords">VC funding</keyword> deals in India during January-July 2024 include USD 665 million raised by Zepto, USD 300 million by Meesho, USD 216 million by PharmEasy, USD 150 million by Radiance, USD 148 million by Kogta Financial, and USD 120 million by Rapido. India continues to stand out as a key player in the Asia-Pacific (APAC) region for VC funding, trailing only China. It is also among the top five global markets in terms of both VC deal volume and value. During the January-July 2024 period, India accounted for 7 per cent of the total VC deals announced worldwide, while its share of the disclosed funding value was 4.3 per cent. Bose concluded, "Despite global economic uncertainties, India remains a pivotal market for VC activity, driven by a robust pipeline of promising startups that continue to attract significant capital. This trend reinforces India's position as a critical player in the global venture ecosystem, demonstrating resilience and growth even amid cautious investment sentiment."

First 7 months of FY25 see significant surge in VC funding to India's startups: GlobalData

For Saumya Bhatnagar, being the only woman in a room is far from a novel experience. An engineer by training and currently the co-founder and chief product officer at AI sales rep startup Jeeva, she remembers being the sole girl in her high school's 170-person <a target="_blank" class="" href="https://www.businessinsider.com/5-tips-women-career-coding-twilio-2020-8">coding class</a> — and that none of her male peers would sit next to her."I had to make space for myself, and there were plenty of micro and macro aggressions in the grand scheme of things that I had to talk my way through," she told Business Insider. "At the end of the day, <a target="_blank" class="" href="https://www.businessinsider.com/women-left-out-of-the-ai-investment-boom-risks-bias-2023-10">it's a man's world</a> in the VC, startups, and AI space."Bhatnagar isn't alone in her journey. Although the number of women-founded startups has increased, less than 3% of venture capital funding went to <a target="_blank" class="" href="https://www.businessinsider.com/venture-capital-decline-hurts-female-founders-gender-gap-startup-funding-2023-12">female-only founding teams</a> in 2022, according to PitchBook.A handful of women who are well-known as leaders in the AI space — including "Godmother of AI" <a target="_blank" class="" href="https://www.businessinsider.com/vcs-like-khosla-and-a16z-backing-robotics-that-use-ai-2024-7">Fei Fei Li</a>, Anthropic president and co-founder Daniela Amodei, and OpenAI's former chief technology officer Mira Murati. But others building startups report facing various gender-related obstacles to success, including bias in the fundraising process, limited mentorship opportunities, and difficulty building meaningful business relationships with men.In the AI sector specifically, which has surged in popularity since the release of ChatGPT two years ago, the challenges for female founders are even more pronounced. <a target="_blank" class="" href="https://www.businessinsider.com/meet-18-women-who-made-partner-vc-firms-in-2023-2023-11">AI continues to attract significant VC interest</a>, but women in the space face additional barriers compared to their male counterparts, starting at the education level.While a degree in engineering or computer science isn't a requirement for launching an AI company, it's often a prerequisite for techies building foundational models to tackle complex machine-learning problems. Women accounted for just 22% of AI and computer science PhD programs in the US in 2019, according to a Deloitte study.Women in 2020 made up an estimated 26% of data and AI positions in the workforce, per a World Economic Forum report. And <a target="_blank" href="https://www.uktech.news/diversity/ai-funding-women-founders-20240319">recent data from the UK </a>shows that only about 4% of AI startups in the country have women founders.Although Bhatnagar is among the small group of women in the space with advanced technical chops, she says she still notices the gender imbalance in the AI world — and that it, at times, has led to her feeling impostor syndrome and burnout.Developing relationships with other women working in the AI space has become a vital lifeline, she said. An active member of online and in-person groups, including <a target="_blank" href="https://www.womenandai.com/">Women and AI</a> and <a target="_blank" href="https://thewomenweadmire.com/">Women We Admire</a>, Bhatnagar said that she's made connections that support her in navigating difficult business dynamics, connecting with female investors, and finding solace in shared experiences."Women are not comfortable asking for help, and there's this idea that perfectionism needs to be showcased at all times," she said. "Finding a community of women has helped me take risks and realize that I'm actually doing okay," she said.Vivien Ho, a partner at early-stage fund Pear VC, has watched the meteoric rise of buzzy AI startups during the last two years and noticed that many are run by men, she said. But as a longtime community builder in the Bay Area tech scene, this didn't jive with what she was seeing on the ground. There were plenty of women interested in building AI companies, she said. Many just didn't know how to start.This observation was the catalyst for the Female Founder Circles, a community for women engineers interested in building AI startups. Each FFC cycle welcomes a cohort of around 50 women for two months of programming that includes fireside chats with existing female AI founders, company-building workshops with Pear investment partners, and other in-person events designed to help women build meaningful relationships with one another, such as pitch competitions, spa days, and public speaking practice.Demand for FFC has exploded, Ho said, with more than 500 women applying for the most recent cohort that kicked off last month. And the program has already been a success: more than 70% of participants end up incorporating their startups, and at least five women have matched with another female co-founder in their cohort, she said."Three of our FFC founders have already raised Series Bs, which is pretty incredible," Ho told BI. "We first meet them, and they're really shy, and then three years later, they're running a 100-person company and making eight figures. It's incredible to see how we can build a community that makes a difference."As women in AI create opportunities that could help them succeed, their work parallels women in another once-white-hot subsector of the startup world: at the height of the crypto craze, female-led blockchain startups earned about 6.4% of venture dollars in the third quarter of 2022, <a target="_blank" class="" href="https://www.bitget.com/blog/articles/bitget-report-the-gender-gap-in-blockchain-startup-funding-press-release">according to data from Bitget</a>.Funding in the space has dropped off dramatically during the last two years, and women continue to struggle when it comes to connecting with investors and closing rounds, <a target="_blank" class="" href="https://www.forbes.com/sites/digital-assets/2024/08/29/what-web3-data-reveals-about-gender-inequality-in-the-crypto-industry/">Forbes recently reported</a>.For Shreya Rajpal, Pear VC's FFC was one of the first times she felt genuine, positive support from the people around her. As a software engineer who cut her teeth in startups and on Apple's machine learning initiatives, she was accustomed to being the only woman whose work was judged with more scrutiny than that of her male coworkers."There are a lot of men who aren't very supportive, and being the only woman on a team means that they're often an undue level of attention on your work, so you stand out, for better or for worse," Rejpal told BI. "Pretty early on, it was obvious that I kind of needed to justify my space in the room a lot more compared to other folks."Fast forward to today, and Rajpal is the CEO and co-founder of Guardrails AI, which builds risk and reliability systems for generative AI programs. As she's progressed in her career, she's made an effort to build community with other women in tech. It's work that takes significant time, but it's been "life changing" in terms of succeeding as a founder and well worth the effort, she said.Guardrails earlier this year raised a $7.5 million seed funding round led by Zetta Venture Partners with participation from Pear, Bloomberg Beta, and GitHub Fund.In addition to participating in bigger groups like FFC, Rajpal has sought out mentorship opportunities with other women in engineering, machine learning, and project management."I became friends with a woman who is five to six years older than me and in the industry for that much longer, doing the things that I wanted to do," she said. "Hearing from her and what worked for her, in terms of changing jobs and talking to her about how she made those decisions, was the stuff that ended up being really impactful for me."Stephanie Guo, a partner at Sapphire Ventures based in San Francisco, is constantly iterating on community events for women interested in AI that strike the right balance between informational – think fireside chats and panel discussions – and informal ways for women to form connections that turn into mentor relationships.These events aren't just for would-be founders: Guo says that while the number of female-funded AI startups can sometimes seem "abysmally small," she's encouraged by the number of women who hold leadership positions at AI startups, funds, and bigger companies."We're creating both the space to have dialogue, but also a networking opportunity," Guo told BI. "These relationships stick, and there are business opportunities that actually form from them."

For women building AI startups, finding community has been the key to success

13 creator-economy startups to watch in 2024, according to top VCs

Abridge has quickly become the healthcare AI startup to watch. Rao founded Abridge in 2018 to automate medical notetaking with its large language models. Since then, it's landed dozens of hospital customers, including academic medical centers like Sutter Health and Yale New Haven Health, and a partnership with the electronic health records giant Epic. It's also gotten buy-in from major investors, including CVS Health Ventures and Lightspeed Venture Partners. <a target="_blank" href="https://www.businessinsider.com/medical-scribe-ai-startup-abridge-raising-more-cash-2024-2">Abridge</a> in February announced it raised $150 million in Series C funding at an $850 million valuation. And in August, the startup got its biggest customer yet, notching a deal to provide its tech to Kaiser Permanente's clinicians.See Business Insider's full <a target="_blank" class="" href="https://businessinsider.com/ai-power-list-2024">AI Power List</a>

Shiv Rao's Abridge has become the AI healthcare startup to watch

The serial entrepreneur and prolific startup investor Gil, who is part of Business Insider's 2024 AI Power List, has <a target="_blank" class="waffle-rich-text-link" href="https://pitchbook.com/news/articles/exclusive-prominent-solo-vc-elad-gil-raises-1b-for-3rd-fund">raised $1 billion</a>, reportedly bringing his personal war chest to <a target="_blank" class="waffle-rich-text-link" href="https://techcrunch.com/2024/02/01/renowned-investors-elad-gil-and-sarah-guo-on-the-risks-and-rewards-of-funding-ai-tech-the-biggest-threat-to-us-in-the-short-run-is-other-people/">more than $2 billion</a>, to deploy into AI startups. Gil, who invested early in Airbnb, Stripe, and Square, has backed some of the most notable AI startups, such as <a target="_blank" class="waffle-rich-text-link" href="https://www.businessinsider.com/sequoia-funding-round-legal-generative-artificial-intelligence-startup-harvey-2023-4">Harvey</a>, Mistral, Pika, Magic, and <a target="_blank" class="waffle-rich-text-link" href="https://www.businessinsider.com/nea-generative-ai-search-engine-perplexity-funding-venture-capital-2023-3">Perplexity</a>. Gil, a former operator at Twitter and Google, <a target="_blank" class="waffle-rich-text-link" href="https://www.businessinsider.com/elad-gil-investors-ai-app-wave-coming-2024-2">recently told Business Insider</a> that he believed the "AI app layer" would start to crystalize this year, bringing the power of rapidly advancing foundation models to the masses.See Business Insider's full <a target="_blank" class="" href="https://businessinsider.com/ai-power-list-2024">AI Power List</a>

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‘Wrong priorities, nothing to brag about’: Internet reacts to LinkedIn post showing startup founder working on a laptop at his wedding

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