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Affirm, which provides installment loans to online shoppers, priced its U.S. initial public offering above its marketed range at $49 a share according to people with knowledge of the matter. It raised roughly $1.2 billion, the people said, asking not to be identified because the matter is private. A representative for San Francisco-based Affirm declined […]
This startup tried to disrupt infant formula—and ended up with a FDA recall. Here’s how it bounced back
On a June afternoon in 2019, two inspectors from the Food and Drug Administration visited a warehouse in San Francisco. The uniformed women pulled out of a briefcase a printout of a Fortune story headlined: “Startups disrupted breast pumps. Is infant formula next?” On that piece of paper, they had highlighted every place the words […]
We need to go back to school
It’s time to correct the record on the contributions of Native Americans. Read More