Sarah Friar spoke at our flagship online event, TNW2020, about how the power of kindness can work as a foundation for business. Kindness and business can go hand-in-hand and Sarah Friar, who joined neighborhood hub app Nextdoor, as CEO in 2018, subscribes to this school of thought. “Typically, people come to Nextdoor for the utility, to find a plumber, a babysitter, or a great place in their local community to grab a coffee at the weekend — but they stay for the community,” she said at TNW2020. Entrepreneurs, founders, startup employees, and investors all take a huge gamble by starting, working… This story continues at The Next Web
On day three of WIRED25, Audrey Tang explains how the Asian nation used open data and transparent governance to empower its citizens to code their own way out of a pandemic.
On Day 2 of WIRED25, coder Avi Schiffmann talks about his plans for a site that aggregates candidates' positions—in a way users can understand.
Sarah Friar will be joining our flagship online event, TNW2020, to talk about how the power of kindness can work as a foundation for business. Secure your free ticket here and join us October 1 & 2. The world of business is often denoted as cut-throat, competitive, and ruthless. And while this may of course be true, there’s also room for kindness — that’s at least what Sarah Friar, the CEO of Nextdoor, believes. A seasoned CEO — she was previously at Square and Salesforce — Friar is a great believer that profit and kindness aren’t mutually exclusive. In fact,… This story continues at The Next Web
On this week’s podcast, Sarah Friar talks to us about how the hyperlocal social network is getting people to slow down and think about what they’re posting.
Guests like Nextdoor CEO Sarah Friar, hacker Matt Mitchell, and journalist Maria Ressa talk about shifting power dynamics—and changing who's in control.
The neighborhood-focused social network leans on local human moderators as well as AI, she explained at WIRED's virtual W25 conference.
Tune in starting Wednesday, September 16, for conversations with Reed Hastings, Brie Larson, and more.
It's free, and it's the only event where you'll find Brie Larson, Nia DaCosta, Anthony Fauci, Ghetto Gastro, Sarah Friar, and more all on one lineup.
in Order to impress Wall Street must Uber be able to grow independent of marketing.It think höjdaren Sarah Friar, who took fintechjätten Square to the stock exchange under turbulent conditions in 2015.She did it for yourself as the cfo of betalbolaget Square in november 2015.”We were forced to price the share is lower than our recent financing round.But today, Square two profit quarters and a five times higher price than after the note.”the Market will judge Uber on what they manage to do on a three to five year term,” she says.
Nextdoor, the social network aimed at local neighborhoods, has raised $123 million in a round of funding led by Riverwood Capital, with participation from Benchmark, Tiger Global Management, Kleiner Perkins, and an undisclosed “large global asset manager.”This takes Nextdoor’s total raised to more than $400 million since its inception and gives it a valuation of $2.1 billion — around $600 million more than its reported valuation at its last round of funding in late 2017.Founded out of San Francisco in 2010, Nextdoor is like Facebook, except it focuses on connecting people in local areas.While Facebook caters to these scenarios itself though Facebook Groups, Nextdoor’s laser focus on “local” has helped it continue to grow beyond the U.S. to the U.K., Germany, France, Italy, Spain, the Netherlands, and Australia, and it is now expanding to Sweden and Denmark.The company doesn’t divulge numbers, but it does say that 236,000 neighborhoods globally connect through its platform.“Around the world, there is a universal yearning for the connectedness of proximity,” explained Nextdoor CEO Sarah Friar, who replaced cofounder Nirav Tolia back in October.
Square’s management continues to shuffle.One week after the merchant services and mobile payments company tapped Amrita Ahuja to lead finance, replacing long-time executive Sarah Friar who landed the chief executive role at Nextdoor, the company’s head of payments, Mary Kay Bowman, has joined Visa as its head of seller solutions.The company will promote someone internally to fill the position, according to a source familiar with the matter.Bowman joined Square in 2015 after more than a decade at Amazon, most recently as the e-commerce giant’s director of global payments.In her new role, Visa says Bowman will lead the credit card company’s “strategy for acceptance products and solutions, driving the design, development and delivery of new services and solutions that will transform the payment experience for both sellers and consumers.”“This is a critical role, as the point of sale is undergoing dramatic change as it shifts from traditional payment acceptance to digital, cross-channel payment experiences,” Visa wrote in a company announcement released Friday morning.
Founder and chief executive Jack Dorsey says Square has poached Amrita Ahuja from Blizzard Entertainment, a division of the gaming company Activision Blizzard, to lead finance at the merchant services and mobile payments company.Ahuja will join Square later this month, about three months after long-time Square chief financial officer Sarah Friar exited the company in favor of a CEO opportunity at Nextdoor, a neighborhood social networking site.Friar, often described as Dorsey’s right-hand woman, joined Square in 2012 and led the startup through an initial public offering that valued the company at about $3 billion.Prior to an eight-year stint at Blizzard, Ahuja clocked in a few years at Fox Networks Group, the Walt Disney Company and Morgan Stanley, where she was an analyst in the investment banking division.“In Amrita, we have found an amazing, multidimensional business leader,” Dorsey said in a statement.“Amrita brings the ability to consider and balance opportunities across our entire business, and she will help strengthen our discipline as we invest, build, and scale.”
Facebook’s election war room monitors and dashboards remain, since so does the threat of election interference.That directly contradicts a report from Bloomberg today about the war room that claimed “it’s been disbanded”, citing confirmation from a Facebook spokesperson.That article has not received a formal correction or update despite the Facebook’s VP of product for election security Guy Rosen tweeting to Bloomberg’s Sarah Friar that “The war room was effective and we’re not disbanding it, we’re going to do more things like this.”“Our war room effort is focused specifically on elections-related issues and is designed to rapidly respond to threats such as voter suppression efforts and civic-related misinformation.Facebook created the war room at its Menlo Park HQ to monitor for election-related violations of its policies ahead of the Brazilian Presidential race and the US midterms.The room features screens visualizing the volume of foreign political content and voter suppressions efforts to a team of high-ranking teammates from Facebook as well as Instagram and WhatsApp.
Jeff Bezos and Amazon have once again shown their ability to wreak havoc on an entire industry.Facebook, Apple, Amazon, Netflix, and Google were all down in premarket trading.It follows a chastening day on Wednesday, when the FAANG companies lost a collective $172 billion in value.Stock markets around the world are selling off sharply as fears about slowing economic growth and rising interest rates spook investors.Declines in US futures show the selloff is not slowing down.Tech stocks look set for a second punishing day on Wall Street.
Square has carefully managed its growth by avoiding over-expansionSquare's chief executive Jack Dorsey sometimes has his hands full running his other company Twitter, whose share price has gone in the opposite direction to Square's.The company was founded in 2009, but its payment service is only available to small businesses in five markets: The US, Canada, Australia, the UK, and Japan."Right now our focus in the UK is how to build out that base of sellers here.Working at Goldman Sachs through the financial crisis led her to question the banking system and she switched to her first job at Silicon Valley, joining the financial team at Salesforce.Friar found the "hypergrowth" atmosphere at Salesforce in 2011 chaotic but ultimately useful.
Square CFO Sarah Friar will leave the company in December.SquareSquare's CFO, Sarah Friar, is leaving the company to join Nextdoor as CEO.Friar first joined Square in 2012 and led the company through its 2015 IPO.Her decision left CEO Jack Dorsey both happy and sad, he said in a heartfelt memo shared on Twitter — adding that he always thought they'd run Square together into their late 90s.The stock went down over 9% in after-hours trading.Square Chief Financial Officer Sarah Friar is leaving the $32 billion payments company to take a new role leading neighborhood social network Nextdoor as CEO.
Square’s CFO Sarah Friar is stepping down to become the CEO of Nextdoor, according to the payment company’s CEO, Jack Dorsey.In a statement issued a bit ago, he says of Friar that she “steered us through an IPO and helped build a growing ecosystem of businesses that will scale into the future.” Friar “leaves us having established a culture of entrepreneurship and discipline across the entire company.She has been an amazing leader, partner, and friend, and we are grateful for all she’s done for Square.”Nextdoor has since released its own statement about Friar, who will assume the position in December.Quoting the company’s cofounder and outgoing CEO Nirav Tolia, the statement reads: “Sarah is one of the most highly regarded executives in Silicon Valley with an exceptionally rare mix of proven business skills, and authentic heart and soul.From the very beginning of our CEO search, she has been the top choice, and the board of directors and I feel exceptionally fortunate and excited for her to lead Nextdoor moving forward.”
Weebly, meanwhile, offers easy-to-use website-building tools.While those tools can be used by individuals (my personal website is built on Weebly), the company has increasingly focused on serving small businesses and e-commerce companies.Meanwhile, competitor Squarespace raised $200 million at a $1.7 billion valuation at the end of last year.Square says that by acquiring Weebly, it can create “one cohesive solution” for entrepreneurs looking to build an online and offline business.And because 40 percent of Weebly’s 625,000 paid subscribers are outside the U.S., the deal will help Square expand globally.“Square began its journey with in-person solutions while Weebly began its journey online.
Slack had added Edith Cooper, who most recently served as the global head of human capital management at Goldman Sachs, to its board of directors.As Slack prepares “for accelerated growth at scale,” Slack CEO Stewart Butterfield wrote in a blog post today, Cooper marks Slack’s second independent board member.“She has an unrivaled depth of experience in the hardest challenges that modern organizations face, and Edith is going to be a huge asset as we continue to expand our capabilities,” Butterfield wrote.“She is a deep thinker, a good listener, and a wise strategist, and I’m thrilled to have her join us as Slack enters its next phase of growth.”In March, Slack added its first independent board member, Square CFO Sarah Friar.Just last week, Slack named Allen Shim as its first-ever chief financial officer.