Good morning, Broadsheet readers! A woman-run hedge fund gets funding, J.C. Penney partners with a Project Runway star, and women are the target of choice for online commenters. Have a wonderful Wednesday.
• Online and on guard. In an attempt to better understand online harassment, The Guardian analyzed 70 million user comments left on its site since 2006. The results: Of the 10 writers who got the most abuse, eight were women (four white and four non-white) and two were black men. In contrast, the 10 who received the least vitriol were all men.
Coming on the heels of yesterday’s story about online troll attacks on former Nintendo spokesperson Alison Rapp, the Guardian experiment has me thinking about just how toxic the Internet can be for women—particularly as we spend a greater and greater portion of our lives online. The Guardian
ALSO IN THE HEADLINES
• Small table seat. Samantha Greenberg has landed a partner—and $130 million in seed funding—for her new hedge fund, Margate Capital. Greenberg, who until recently was with Paulson & Co., is one of only about 125 women globally to run her own hedge fund. Fortune
• Gaga’s gone. Backplane, Lady Gaga’s startup for building online communities, has burned through $18.9 million in funding and is now out of business. Fortune
• Engineering a way. Pinterest engineer Tracy Chou first became a prominent advocate for women in tech nearly two years ago, when she created a public spreadsheet that companies could use to share the number of female engineers in their ranks. In this Quartz essay, she writes about the sexism and other roadblocks she encountered in her computer science courses and internships, all of which came close to derailing her career.
• From runway to Penney. J.C. Penney has recruited designer Ashley Nell Tipton, best known for winning Season 14 of Project Runway, to help launch its first-ever in-house plus-size women’s clothing brand. Fortune
• Bad day for Dilma. Yesterday, Brazilian President Dilma Rousseff accused her vice president, Michel Temer, of attempting an illegal “coup.” Her comments came after the leak of a recording in which Temer discussed what his administration would look like if Rousseff is impeached. Later that day, the Progressive Party voted to leave the President’s ruling coalition, meaning the party’s members now have the option to vote in favor impeachment.
MOVERS AND SHAKERS: Workday has promoted Robynne Sisco to CFO. Kristin Agatone, a former Harvard Management Co. staffer, was hired to oversee Lehigh University’s $1.2 billion endowment. Macy’s announced that CMO Martine Reardon will leave the company next month after a 32-year run.
IN CASE YOU MISSED IT
• Ha, ha, nah. The good news for camp Clinton: She beat Bernie Sanders in the Democratic primary in Missouri. While you may have already put the state in Clinton’s W column (the primary was held on March 15), the vote totals were not official until yesterday afternoon. The bad: A joke she and New York Mayor Bill de Blasio shared on stage at a black-tie event struck some observers as awkward at best, racist at worst.
• Made for moms. Working Mother crunched the numbers on how a range of industries stack up for women. They found that the financial services industry scores particularly high on factors like pay, maternity leave, and opportunity, while healthcare and professional services are tops for flexibility and work-life balance. Working Mother
• Money honey. Personal finance guru Jean Chatzky has launched HerMoney, a new podcast devoted to helping women wrangle their finances. The first episode features Gretchen Rubin, author of The Happiness Project. iTunes
• Bee breaks it down. Still a little confused about how superdelegates work? Watch Samantha Bee break it down on Full Frontal. YouTube
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ON MY RADAR
How ’empowerment’ became something for women to buy New York Times
Women share abortion stories with the Supreme Court Washington Post
Review: The Boss demotes Melissa McCarthy Time
Schoolgirls in New Zealand told to lower their skirts to stop distracting male staff and pupils The Guardian
If talking about equal pay and paid leave and more opportunities for women and girls is playing the gender card, then deal me in.Hillary Clinton, speaking at an equal pay roundtable in New York yesterday