Good morning, Broadsheet readers! Sarah Friar’s Nextdoor is valued at $2 billion, Omarosa Manigault Newman joins an equal pay claim against the Trump campaign, and Fortune’s MPW community meets in San Francisco. Have a wonderful Wednesday.
• Dinner with friends. Greetings from San Francisco, where Fortune gathered members of the Most Powerful Women community last night for our annual West Coast dinner.
Our featured speaker for the evening was educator and Silicon Valley matriarch Esther Wojcicki, who sat down with Fortune’s Michal Lev-Ram for a chat about her new book, How to Raise Successful People: Simple Lessons for Radical Results. Wojcicki shared tales from her childhood, the impetus behind her shockingly successful strategy for raising young leaders, and ways employers can use the same approach to empower employees. She also tackled the subject of how parents can help kids learn to use the technology in a safe way—a topic that’s particularly interesting given that her daughter Susan leads YouTube. One key takeaway: Live by your own rules. “Kids model after their parents,” said Wojcicki. “So you can’t answer [your phone] at dinner either, no matter how important that call is.”
We also heard from founder and CEO of Mighty Networks—and longtime MPW community member—Gina Bianchini who urged dinner attendees to do two things. One: Find a way as women to “continue to think bigger, be bigger, take on more stuff—bigger, and not get super bummed out” by the data, which reliably shows that progress is frustratingly slow. And two: “Grab a friend…and go out to dinner with like three dudes.” Why? “No amount of female networking crashes the boys’ club”—and meeting with guys in groups can help avoid some of the pitfalls of trying to network with men one-on-one.
Our third speaker was MPW newbie Github machine learning engineer Omoju Miller. Miller shared her vision of machine learning as a problem solver for the world’s moms, who are “shackled to the second shift.” The technology has the potential to remove some of the time-sucking logistics of parenting, like sorting out kids’ schedules and ordering new shoes right at the moment they outgrow the previous pair. “These are billion-dollar companies that have not been invented,” she told the dinner crowd. And when they are, it will be women at the helm. After all, she says, “Men are not the ones buying the shoes or renting the musical instruments or figuring out who is picking up whom.”
In other Fortune news, we’re excited about the inaugural edition of Brainstorm Finance, which will take place in Montauk, Long Island on June 19-20. The invite-only conference will welcome big bank CEOs and leaders of the tech startups that want to replace them. If you’re interested in joining, please reach out to: firstname.lastname@example.org. Read all the details here.
ALSO IN THE HEADLINES
• (Next) up and Away. Nextdoor, the neighborhood social network led by CEO Sarah Friar, is now valued at $2 billion after raising another $123 million. It’s the company’s first round since Friar took over, with the cash set to fund international expansion. And Jen Rubio and Steph Korey’s luggage retailer Away raised $100 million at a $1.4 billion valuation.
• A safer Trip. After concerns from users about TripAdvisor minimizing safety concerns—specifically around sexual assault—at the businesses it promotes, the company has added new features. It will now distinguish (and not bury) reviews that mention sexual assault, of which there were 1,100 in the past year.
• Equal pay for Omarosa. There’s collective legal action ongoing against the Trump campaign for allegedly underpaying women of color, and Omarosa Manigault Newman is joining. “While I strongly suspected I was subjected to pay discrimination while with the Trump Campaign, I have since seen expert analysis confirming this to be true,” Manigault Newman says.
• Part-time dad, full-time apologizer. Presidential hopeful Beto O’Rourke attempted to reboot his campaign during an appearance on The View, saying that he regrets starting out with an “elitist” Vanity Fair cover and apologizing for his remarks and jokes about being a “part-time dad.” He said that his wife, Amy O’Rourke, said she thought the remark sounded flip and urged him to re-think it.
MOVERS AND SHAKERS: Michelle McComb joined pymetrics as CFO. Fortune‘s new CFO is Anastasia Nyrkovskaya of Birchbox.
IN CASE YOU MISSED IT
• C(BOss). If you’ve ever spent time thinking about the Congressional Budget Office, you can thank Alice Rivlin. Its first director and former Fed vice chairwoman, Rivlin died at 88 on Tuesday. A sample accomplishment: “She managed to infuriate presidents of both parties with her focus on budget discipline, deficit reduction and research-based nonpartisan decisions.”
Wall Street Journal
• Checking in on Cheney. The GOP—short on female candidates—is closely watching Rep. Liz Cheney. She’s been in House leadership for six months, but now she has to decide whether to continue rising there or run for the Senate in an open seat.
• Back and forth on the boycott. After Georgia’s six-week abortion ban was signed into law, some in Hollywood are boycotting shooting in the state while others say that’s not the best approach. Alyssa Milano, David Simon, and Nina Jacobson committed to avoiding production in Georgia as long as the law is upheld; Jordan Peele and J.J. Abrams instead opted to continue operating in the state but donate their own fees to the ACLU and Stacey Abrams’s Fair Fight Georgia. That’s going on while Alabama moves toward enacting the strictest abortion ban in the country.
• Tariff telepathy. Now that higher tariffs on goods from China have gone into effect, Williams-Sonoma CEO Laura Alber says the company saw it coming. The home good retailer shifted some furniture production to Vietnam, Indonesia, and the U.S. “I think that you’re better off preparing for the worst. Unfortunately that pessimism has come true, and we are more prepared,” Alber says.