Alphabet’s investing arm has promoted Terri Burns to partner. Burns, who joined GV in 2017 as a principal, or junior level investor, becomes the firm’s first Black female partner. Few VC firms employ Black investors, especially in positions that enable them to write checks. Calls to bring more people of color into the white, male-dominated investment industry have reached new highs amid...
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Meta Declares ‘Year of Efficiency’ as Revenue Stagnates

We’re in the middle of Chinese New Year celebrations at the start of the Year of the Rabbit. At Meta Platforms, though, it’s the “year of efficiency,” as CEO Mark Zuckerberg declared Wednesday on announcing fourth-quarter results. Investors such as Altimeter Capital, which last fall called on Meta to streamline, will be happy. It’s just a pity that Meta, like much of big tech, appears to have...
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Meta Declares ‘Year of Efficiency’ as Revenue Stagnates
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