• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?

2

A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk's reply: 'I am actually going to do something along these lines'

3

The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

1

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?

2

A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk's reply: 'I am actually going to do something along these lines'

3

The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
MPWBroadsheet

Shonda Rhimes Netflix, Nicole Maines Supergirl, Kimberly Guilfoyle: Broadsheet July 23

Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
Down Arrow Button Icon
Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
Down Arrow Button Icon
July 23, 2018, 8:03 AM ET
Add Fortune on Google for similar content.

Good morning, Broadsheet readers. Women-led companies are on track for a record fundraising year, the brand created by legendary makeup artist Pat McGrath is worth a $1 billion, and we get a peek at what Shonda Rhimes has in store for Netflix. Get after your Monday!

EVERYONE'S TALKING

• Welcome to Shondaland. This story about Shonda Rhimes's plans for her forthcoming Netflix empire is worth reading in its entirety, but it's just so packed with interesting and juicy tidbits that I couldn't help but pull a few out for you:

Can't wait to watch: Among the shows Rhimes is planning—and will likely write herself—is a series based on Reset, Ellen Pao's book on sexism in Silicon Valley.

Even Shonda gets writer's block: She tells the NYT that, not long after signing the Netflix deal, she had a crisis of confidence—she had no idea what she wanted to write next. But, in what I would argue is a perfect marriage of subject matter and creator, she broke through the blockage when she read Jessica Pressler's sensational story about grifter Anna Delvey on The Cut. “I knew exactly what the show was,” says Rhimes. She bought the rights and started writing almost immediately.

Best boss ever. Describing my ideal work environment, here's how Rhimes envisions life at her production company's new HQ: "We have this whole dream,” she said. “There’s going to be a row of offices, and we’re all going to be working on our scripts at the same time. And everyone is going to come out of their offices and scream about how bad their script is: ‘Does anyone know what I’m supposed to do for Act 5?’ And everyone is going to drink Scotch and then run back to work.”

Racism FTW? Still under contract with ABC, Rhimes hoped to keep her 2016 talks with Netflix quiet. However, The Hollywood Reporter ended up writing an item on a breakfast meeting she took with Netflix chief content officer Ted Sarandos—only to mis-ID Rhimes as his wife, Nicole Avant.

“I was like, ‘For once, bias is working in my favor!’" Rhimes told the NYT. “Nicole and I are both black women. We couldn’t look more not alike. But somebody decided that’s who that must be. And it saved me a whole lot of trouble.”  New York Times

ALSO IN THE HEADLINES

• $7.2 billion and counting. According to the latest Pitchbook data, female-founded companies are poised to raise a record amount of VC funding this year. In the first six months of 2018, startups with at least one female founder brought in $7.2 billion—or about 12.5% of the total venture capital funding collected so far this year. Included in that number: $135 million for Tmunity (co-founder Anne Chew), $125 million for Twist Bioscience (CEO and co-founder Emily Leproust), and $100 million each for Zola (CEO and founder Shan-Lyn Ma) and office catering service ezCater (CEO and co-founder Stefania Mallett). Pitchbook

• Anonymous really was a woman. I am in awe of Susan Unterberg, the 77-year-old photographer who just outed herself as the force behind Anonymous Was a Woman, a grant program that has provided $5.5 million over the last 22 years to support underrecognized female artists over age 40. In this revelatory interview with the NYT, Unterberg says she decided to come forward so that she could speak out on behalf of women artists and urge other philanthropists to follow in her footsteps. “Women continue to be seriously undervalued and underappreciated,” says Carrie Mae Weems, one of the artists who received a grant from Unterberg. “The work is not taken as seriously, and men are still running the game. Men in power support men in power, and they want to see men in power.” New York Times

• Imperfection is perfect. Girls Who Code's Reshma Saujani writes about suffering multiple miscarriages and the fear she once felt about "what those failed pregnancies said about me." Women continue to have the pressure to be "perfect" thrust upon them, writes Saujani. "In this narrative, ambivalence about having children, infertility, unplanned pregnancies or the decision to terminate them are imperfections, flaws, failures. This narrative is more than wrong, it's discriminatory and psychologically destructive." CNN

• Out on Essure. Bayer has announced that it will stop selling its Essure birth-control implant later this year. While the company says the decision is based on declining sales and that "the safety and efficacy of Essure have not changed," several women have sued Bayer claiming that the implant perforated the uterus or otherwise injured them. Fortune

• Dreamer on. Transgender actress and activist Nicole Maines will make history with her new role as Dreamer on the CW’s DC Comics drama Supergirl, becoming the first trans superhero on TV. Fortune

IN CASE YOU MISSED IT

• Marketing mavens. My colleague Beth Kowitt wrote up some of the top tips from the behavioral marketing session I moderated at Fortune Brainstorm Tech last week, which featured a host of impressive marketers, including SAP CMO Alicia Tillman, Cardlytics CMO Dani Cushion, and Twitter global head of business marketing Christine Cuoco.  Fortune

• Powell is out. Paramount Television President Amy Powell was fired last week after reportedly making racially insensitive remarks during a discussion about a reboot of the First Wives Club, a project that features a mostly black cast. Fortune

• Looks like a billion bucks. Kylie Jenner may have landed the Forbes cover, but it appears that another self-made makeup maven beat her to the billion mark: Pat McGrath Labs, the namesake beauty brand created by the legendary makeup artist Pat McGrath, is now reportedly worth a $1 billion.  InStyle

Share today's Broadsheet with a friend.
Looking for previous Broadsheets? Click here.

ON MY RADAR

How a Facebook group for sexual assault survivors became a tool for harassment  Wired

In the first lady’s hometown in Slovenia, the business is Melania  New York Times

The designer creating clothes by and for people of trans experience  The Cut

Kimberly Guilfoyle leaves Fox News, reportedly heading for pro-Trump PAC  Washington Post

QUOTE

Teen girls are so much smarter than anyone gives them credit for.
Phillip Picardi, digital editorial director of Teen Vogue
About the Author
Kristen Bellstrom
By Kristen Bellstrom
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in MPW

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in MPW

imf
EconomyArgentina
IMF praises ‘sacrifice of the Argentine people’ as Milei’s austerity measures bring end of debt deals into view
By Débora Rey and The Associated PressJuly 28, 2026
12 hours ago
c
HealthClinton Foundation
The Clinton Foundation thinks red states can adopt ‘practical, evidence-based solutions’ from blue states
By Glenn Gamboa and The Associated PressJuly 28, 2026
13 hours ago
Photo of McCall McPherson
SuccessMost Powerful Women
This CEO was bedridden 16 hours a day. She turned her own misdiagnosis into a self-funded, multimillion-dollar thyroid clinic
By Sydney LakeJuly 28, 2026
17 hours ago
katty
CommentaryLeadership
Katty Kay: confidence is the skill that turns thoughts into action—and companies need to start teaching it
By Katty KayJuly 26, 2026
3 days ago
A supporter holds a sign for Democratic candidate for Texas governor Gina Hinojosa while she speaks during a rally.
PoliticsData centers
‘There are no rules. It is the wild west of data centers’: Texas Democratic candidates pounce on AI data center projects in Republican strongholds
By The Associated Press and Marc LevyJuly 24, 2026
4 days ago
Inside Flavor Flav’s unlikely effort to help female Olympians build their brands and careers
NewslettersMPW Daily
Inside Flavor Flav’s unlikely effort to help female Olympians build their brands and careers
By Ellie AustinJuly 22, 2026
6 days ago

Most Popular

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?
C-Suite
Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?
By Nick LichtenbergJuly 27, 2026
1 day ago
A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk's reply: 'I am actually going to do something along these lines'
Success
A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk's reply: 'I am actually going to do something along these lines'
By Sydney LakeJuly 27, 2026
1 day ago
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
Real Estate
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
By Nick LichtenbergJuly 25, 2026
4 days ago
LeBron James took a pay cut to maybe live in New York and commute to Philly by chopper, risking double taxation as NYC also tries to ban helicopters
Real Estate
LeBron James took a pay cut to maybe live in New York and commute to Philly by chopper, risking double taxation as NYC also tries to ban helicopters
By Catherina GioinoJuly 27, 2026
1 day ago
Current price of oil as of July 28, 2026
Personal Finance
Current price of oil as of July 28, 2026
By Joseph HostetlerJuly 28, 2026
13 hours ago
New York City women are making up to $30,000 per month by renting out their closets to strangers
Retail
New York City women are making up to $30,000 per month by renting out their closets to strangers
By Sarah GlodekJuly 27, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.