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Broadsheet

The Broadsheet: April 1

Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
Down Arrow Button Icon
Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
Down Arrow Button Icon
April 1, 2015, 7:46 AM ET

Good morning, Broadsheet readers! Hillary’s email issues continue, the new Daily Show host is being called out for sexist tweets, and a pair of women are attempting to change how we buy kids’ clothes. Read on to learn why Mellody Hobson makes me feel incredibly unproductive. Have a great Wednesday.

EVERYONE'S TALKING

• Email-gate escalates. The chairman of the House committee investigating the 2012 Benghazi attacks asked Hillary Clinton to appear for a private interview about her exclusive use of a personal email account when she was Secretary of State. Meanwhile, the AP reports that Clinton emailed her staff on an iPad as well as on a BlackBerry, despite earlier claims that she used a personal address on a homebrew server so that she could carry a single device.

ALSO IN THE HEADLINES

• In hot water already. Comedian Trevor Noah, just named the new host of The Daily Show, is getting heat for tweets potentially offensive to women and Jews. (So far, Comedy Central is standing behind Noah.) Whether or not you find his "fat chick" tweets insulting, one thing is clear to me: They're definitely not funny. NY Times

• A mind-blowing multitasker. Is there anything Mellody Hobson doesn't do? Hobson is best known as the president of Ariel Investments, but she is also works for CBS News and serves on the boards of Estée Lauder, Starbucks and DreamWorks Animation. This Vanity Fair profile examines Hobson's rise. “My life was altered by meeting [Hobson], and that’s not something I say lightly,” says Facebook COO Sheryl Sandberg. Vanity Fair

• Investing in their own. Cowboy Ventures, Aspect Ventures, Broadway Angels, Illuminate Ventures, Forerunner Ventures and Aligned Partners all have a couple things in common. Each is a VC firm or angel investment network, and each is female-run. Women are still a rarity in the VC world--they make up just 6% of partners at venture capital firms--but when they are involved, their firms are twice as likely to invest in a company with women on the management team.  NY Times

• Turning on profits. The good news: Utility companies that promote more women to leadership roles earn bigger profits than their peers do, according to an EY study. The not-so-good news: the presence of female board members at utilities shrank last year. Bloomberg

• Meg's millions. HP CEO Meg Whitman is one of the most generously compensated CEOs in her peer group, according to a new UBS analyst report. One of the things that puts her pay package over the top: A golden parachute specifying that if HP gets acquired, Whitman would get nearly $91 million (more than double the pay of her peers) and $51 million if she’s forced out.  Business Insider

IN CASE YOU MISSED IT

• Child's play. Galyn Bernard and Christina Carbonell are attempting to bring a direct-to-consumer model (think Warby Parker) to the kids’ clothing market. Their new company, Primary, will only sell items priced at $25 or less, and it has raised $2.25 million in venture capital. Before founding Primary, CEO Bernard and COO Carbonell spent several years at Diapers.com parent company Quidsi, now owned by Amazon. Re/Code

• Hoping for a ratings reversal. In a Bloomberg interview, Brazil’s President Dilma Rousseff denies that she knew anything about the bribery at state-run oil giant Petrobras. Since she was re-elected, Rousseff's approval ratings have dropped to a record 13%. What's her plan to get back on track? Narrow the country's budget cap, accelerate infrastructure concessions, and restore confidence in Petrobras and the government, she says.  Bloomberg

• An LA fixture gets a makeover.  With a freelance job at Inside Edition, Zoey Tur has become the first openly transgender reporter on a nationally syndicated news show. However, the 54-year-old Tur is no stranger to TV. For three decades, the Emmy winner was known as "Chopper Bob," the Los Angeles helicopter reporter who covered the beating of truck driver Reginald Denny during the 1992 riots, and airlifted dozens of people to safety during weather disasters.  LA Times

• Copying her game plan. What can we learn from Ursula Burns, the first black woman to lead a company the size of Xerox? Start by seeking out an amazing internship. Then, speak your mind whenever you have an opinion. Finally, gain--and keep--the trust of your colleagues. Fast Company

• Thanks, Ellen. A group of tech workers in Silicon Valley took out a full-page ad in the Palo Alto Daily Post that read, "Thanks Ellen." The men and women who bought the ad say they don't know Ellen Pao, who lost her gender discrimination suit against VC giant Kleiner Perkins last week, but they wanted to show their support.   USA Today

• The quota question. Should the U.S. follow in Germany's footsteps, imposing a quota on the number of women required to sit on corporate boards? Three women--with three different opinions--weigh in.  NY Times

• Mad money. Barbara Corcoran, one of the investors on ABC's Shark Tank, gives managers at her real estate firm 5% of their operating budget each year to use as they see fit. Sure, some have spent money on parties or outings, but that's okay. "All the small changes that helped grow my business happened when we were playing outside and/or spending money that we had no business spending," she writes.   Inc.

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ON MY RADAR

Kit Harington has a point about women objectifying men  Time

The ascent of Afghan women  NPR

Inaugural brunch honors tech titans of color  Re/Code

The perils of spending more time with your family  Fortune

QUOTE

I don’t know how many negative comments you get, but I’ve had my fair share.

Monica Lewinsky, on social media
About the Author
Kristen Bellstrom
By Kristen Bellstrom
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