Sequoia Capital has brought aboard Jess Lee as its eleventh investing partner in the U.S., becoming the firm’s first senior female U.S. investor in its 44-year-old history. Lee was a former Google product manager turned CEO of the fashion site Polyvore, which was acquired for $230 million in cash by Yahoo last year. She had stayed on with Yahoo, which is now being sold, maybe, to Verizon, the parent company of TechCrunch. Lee seemed to demonstrate a strong eye for startups long ago. Indeed, in 2008, as an avid user of Polyvore, which was then just months old, Lee wrote to its founder, Pasha Sadri, with whom she shared mutual friends. After offering him her unsolicited feedback via email about
- U.S.Associated Press•2 days ago
Pulled over for traffic violations, Jessica Jauch was held for 96 days in a Mississippi jail without seeing a judge, getting a lawyer or having a chance to make bail. "I think each state suffers from the symptoms we see in Mississippi," said Brandon Buskey, a senior staff attorney for the ACLU's Criminal Law Reform Project.
- financeNicole Sinclair•8 days ago
Many Wall Street analysts point to the expensive market—especially amid uncertain times—as a key reason for downside ahead.