Gwyneth Paltrow's Goop turmoil — Tanium uncertainty — Rising stars of Wall Street

 
Subscribe to Insider View in browser
 
 
 
INSIDER WEEKLY
 
 
 
 

Welcome back to Insider Weekly! I'm Matt Turner, co-EIC of business at Insider.

Remember Goop?

It wasn't so long ago that Gwyneth Paltrow's health and wellness brand was glowing. Even some questionable products (remember "Yoni eggs"?) couldn't hold it back. It had star power and more than $100 million in funding behind it. 

But as Madeline Berg and JP Mangalindan report this week, the pandemic has taken some of the shine off of Paltrow's brand. Their sources describe an exec exodus, complaints of low salaries, and burnout. Read on to get the inside track on Madeline and JP's reporting.

Also in this week's newsletter:

Have you tried the Insider Crossword yet? Each morning through October 8, we're publishing new puzzles with clues on politics, tech, pop culture, and more. You can find all of our crossword puzzles here.

As always, let me know what you think of our stories at mturner@insider.com. Let's get started.


Subscribe to Insider for access to all our investigations and features. New to the newsletter? Sign up here.  Download our app for news on the go – click here for iOS and here for Android.


The inside story of Goop

Goop CEO and founder Gwyneth Paltrow

After their exposé on the Goop exec exodus was published, Madeline and JP stopped by one of our weekly newsroom meetings to share the inside track on their reporting. Here's what they said:

How did the story come about?

Madeline: I was tipped off that investors weren't happy with how the company was doing during the pandemic. That's when we started poking around on LinkedIn and realized that many executives had departed the company during the last year. As we spoke to our sources, we realized there was a bigger story here about the company culture.

How did you get people to talk to you?

JP: We wanted to tell this story in a fair and balanced way, and we made sure to tell everyone we spoke to that we didn't have an agenda, that we'd protect our sources, and that we just wanted to hear about their experiences.

How did you get such strong examples? 

Madeline: If someone made a claim, we'd ask for examples, and for specifics. For example, we'd heard claims of low pay, but we needed to corroborate that. We were then able to report that Goop management acknowledged the low pay during an all-hands meeting. 

Read the full scoop on Goop's exec exodus, salary complaints and more.


Uncertainty is pushing out execs at Tanium 

Orion Hindawi, Co-founder, President, and CTO of Tanium with a person walking out the door behind him to the left and the Tanium logo on the right on an orange background.

Staffers are leaving the $9 billion cybersecurity firm in droves. Former employees say no one was sure if the company would ever have an IPO, and that the company lost major contracts in its military business. 

When Tanium hired a new chief financial officer in April, the new exec was meant to lead the company to its IPO. But there have been no concrete updates on the status of the public offering. 

Take a look at what's behind Tanium's IPO delay.


Ozy Media employees spoke out after NYT report

Ozy Media cofounder Carlos Watson

Ozy Media is shutting down, just days after a bombshell New York Times report. Before the Friday announcement, Ozy employees told Insider there had been internal questions about the company's stated audience and a workplace culture of burnout. One former staffer told us, "I felt like I was killing myself for very little recognition. I have never once told someone that I worked at Ozy and they've known what it is. Not once. That was concerning to me."

Here's what Ozy staffers were saying.


Meet the up-and-comers on Wall Street From left: Julia Jaskolska of CalPERS, Christopher Oglesby of Bank of America, Connie Lee of Tiger Global Management, and Lalit Gurnani of Goldman Sachs with yellow up arrows patterned out behind them on a green to yellow gradient background

Wall Street's next crop of young leaders are doing it all — including shaking up investing at the largest US pension system and deploying make-or-break capital to municipal governments. The young movers and shakers hail from top tier firms like Goldman Sachs, BlackRock, and Tiger Global. Each of them shared stories about their successes, challenges, and career advice. 

Here's Insider's list of 25 rising stars on Wall Street. 


More of this week's top reads:


Sponsored event invite:  Join bestselling author David Allison and PayPal on Thursday, October 7 at 12 pm ET for a virtual event on how marketers can reach customers based on core values. Register here.


Compiled with help from Phil Rosen.

 
 
 
 
 
INSIDER

Not a subscriber to Insider?
 
Download on the app store   Get it on google play
 
Share:
 
fb tw
 
You received this email because you signed up to this
Insider newsletter using the
email: aymentanaze.news@blogger.com
 
Email Preferences Unsubscribe
TERMS OF SERVICE PRIVACY POLICY
1 Liberty Plaza, 8th Floor. New York, NY 10006
 

Commentaires

Posts les plus consultés de ce blog

Chris Ramsey can take the heat, but what would relegation for QPR mean for black managers in the Premier League?

Luke from 'Gilmore Girls' is selling out and starting a coffee brand

Sandy Hook Parents Are Criticizing Megyn Kelly For Giving A Platform To ‘Truther’ Alex Jones