Many of Silicon Valley's most celebrated companies build software -- but these days, the startup everyone's talking about is Stance, which makes socks. This week, Bloomberg Technology's Sarah McBride visits Stance to see why venture capitalists have poured $110 million into a business that has little to do with technology. 

Many of Silicon Valley's most celebrated companies build software -- but these days, the startup everyone's talking about is Stance, which makes socks. This week, Bloomberg Technology's Sarah McBride visits Stance to see why venture capitalists have poured $110 million into a business that has little to do with technology.

Foundering is an award-winning, serialized podcast from the journalists at Bloomberg Technology. Each season, Foundering brings you inside a different high-stakes drama from the technology industry, where its companies are wielding unprecedented capital and power.

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Why Investors Poured $110 Million Into a Sock Maker

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/db7d7120-ff5f-4156-9667-ae2b001c3965/transcript

What does it mean for content creators to “go onchain?” We’ll learn how this movement to take financial power back from closed-off social media platforms could give creators a kind of freedom that they’ve struggled to hold onto for centuries.

This episode is sponsored by Coinbase.

What does it mean for content creators to &ldquo;go onchain?&rdquo; We&rsquo;ll learn how this movement to take financial power back from closed-off social media platforms could give creators a kind of freedom that they&rsquo;ve struggled to hold onto for centuries.
This episode is sponsored by Coinbase.

Evolving Money: Rebuilding the Creator Economy (Sponsored Content)

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/1c7c5561-524b-4550-aef8-b24a014b4997/transcript

Right as Sam Altman was at the peak of his success, touring the world to espouse the virtues of AI, his board turned on him. Altman was unceremoniously fired. OpenAI’s coup is a story of secrets, betrayal, employee revolt and Altman’s expert political maneuvering to regain his position of power. In this episode, reporter Ellen Huet also examines Altman’s history of broken promises and alleged manipulation.

Right as Sam Altman was at the peak of his success, touring the world to espouse the virtues of AI, his board turned on him. Altman was unceremoniously fired. OpenAI’s coup is a story of secrets, betrayal, employee revolt and Altman’s expert political maneuvering to regain his position of power. In this episode, reporter Ellen Huet also examines Altman’s history of broken promises and alleged manipulation.

OpenAI Part 5: Beware the Ides of November

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/94a0c658-b522-4df8-9f15-b186015ecedf/transcript

It’s widely predicted that AI will upend the economy and threaten many existing jobs. Sam Altman, in trying to stay ahead of public fears of mass unemployment, has offered universal basic income as a solution. He also has envisioned an AI future of abundance. In this episode, reporter Ellen Huet looks at Altman’s proposals for ending poverty and his current relationship with his sister, Annie Altman, who struggles with homelessness in Hawaii.

It’s widely predicted that AI will upend the economy and threaten many existing jobs. Sam Altman, in trying to stay ahead of public fears of mass unemployment, has offered universal basic income as a solution. He also has envisioned an AI future of abundance. In this episode, reporter Ellen Huet looks at Altman’s proposals for ending poverty and his current relationship with his sister, Annie Altman, who struggles with homelessness in Hawaii.

OpenAI Part 4: Heaven and Hell, Part 2

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/fb7c8a08-c4ec-424f-ad5f-b186015cdbb0/transcript

Why Investors Poured $110 Million Into a Sock Maker

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