this post was submitted on 23 Feb 2026
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[–] minorkeys@lemmy.world 7 points 2 hours ago

Well you don't get to have that. Possible access to your father is enough for you to get priveleges.

[–] OriginEnergySux@lemmy.world 4 points 3 hours ago

She will ALWAYS have help lol

[–] ColdWater@lemmy.ca 2 points 3 hours ago

Who is this bozo?

[–] Typhoon@lemmy.ca 39 points 8 hours ago

Phoebe Gates wants her $185 million AI startup to succeed with 'no ties to my privilege or my last name'

But you have no problem with the $35 million they gave you? That's part of your privilege. You say you want to succeed without it while stuffing your pockets with it.

[–] NotASharkInAManSuit@lemmy.world 1 points 3 hours ago

So, I was thinking about the Russian aristocracy today…

[–] Botanicals@lemmy.world 21 points 7 hours ago* (last edited 7 hours ago) (1 children)

Well I guess as long as she has a 'chip' on her shoulder

[–] tamal3@lemmy.world 5 points 7 hours ago (1 children)

FUCK yeah F+G. Rarely seen in the wild.

[–] doug@lemmy.today 1 points 1 hour ago

Lightning in a bottle, that cast.

Well, most of that cast.

[–] Rooster326@programming.dev 10 points 8 hours ago

The only thing she wants is for us to be talking about it, and well here you all are ...

[–] Hegar@fedia.io 20 points 9 hours ago

"Child of prominent pedophile has an AI startup" is such a vibe right now.

[–] Strider@lemmy.world 11 points 9 hours ago

They're just insane, the whole lot of them.

[–] lechekaflan@lemmy.world 5 points 7 hours ago

Still... Fuck AI.

[–] GraniteM@lemmy.world 3 points 6 hours ago

Okay, well I definitely wondered what the hell the star of Gremlins and Drop Dead Fred was getting up to.

[–] thesmokingman@programming.dev 25 points 11 hours ago (1 children)

The shopping assistant plugs into browsers like Chrome and Safari to compare prices and surface deals across tens of thousands of retail and resale sites in real time. It essentially serves as your own personal deal finder: Say you’re looking at a $200 dress from Anthropologie, Phia can find and compare prices at secondhand sellers to help customers find a better price.

Gates and Kianni first brainstormed startup ideas in their Stanford dorm room, cycling through concepts before landing on a consumer tool that included Gates’ interest in women’s empowerment (likely modeled after her own mother) and Kianni’s sustainability focus.

I don’t think a coupon tool that wastes excessive resources is either empowering or sustainable.

[–] village604@adultswim.fan 14 points 10 hours ago (2 children)

I'd be surprised if there's actual AI behind it. That functionality already exists and works just fine.

[–] SaveTheTuaHawk@lemmy.ca 11 points 9 hours ago

it's a small indian man named Al.

[–] thesmokingman@programming.dev 2 points 7 hours ago

I’d be surprised if a human were behind it. This is exactly the kind of thing that can be vibe coded pretty fast and is mostly just reselling fancy Google searches through an LLM. I did a quick skim of the website and it’s just a bunch of items scraped from big brands with lots of similar looking images of other products. There’s too many sites for me to really believe they’ve made integrations with all of them.

The insane valuation is because of her name not because the tech is good. The only way to make money on this is the customer data. The margin on that is going to be fucking minuscule especially once LLM costs start going up so they can make money. This adds nothing of value on top so it will go away almost immediately.

[–] UnspecificGravity@piefed.social 52 points 13 hours ago* (last edited 13 hours ago) (1 children)

She just wants to be treated like any other totally unqualified person whose mom gave her commencement speed and got handed 100 million dollars to start up a made up company.

[–] hector@lemmy.today 21 points 12 hours ago* (last edited 12 hours ago)

That then told everyone about her company, that she doesn't want any privilege in promoting, to her many followers.

[–] altphoto@lemmy.today 0 points 3 hours ago

Did she go to the island? That's my question.

[–] SaveTheTuaHawk@lemmy.ca 9 points 9 hours ago (1 children)

Phoebe Cates has an AI startup??

[–] turdburglar@piefed.social 4 points 6 hours ago

two of em. and they’re spectacular.

[–] Aequitas@feddit.org 338 points 17 hours ago (3 children)

Relevant:

"Entrepreneurship is like one of those carnival games where you throw darts or something.

Middle class kids can afford one throw. Most miss. A few hit the target and get a small prize. A very few hit the center bullseye and get a bigger prize. Rags to riches! The American Dream lives on.

Rich kids can afford many throws. If they want to, they can try over and over and over again until they hit something and feel good about themselves. Some keep going until they hit the center bullseye, then they give speeches or write blog posts about "meritocracy" and the salutary effects of hard work.

Poor kids aren't visiting the carnival. They're the ones working it."

[–] scarabic@lemmy.world 3 points 2 hours ago

A coworker of mine left to start his own startup. He claimed that the IPO of an old employer gave him a little bit of cushion to work with, and he was going to take his shot. I wished him well. It was a crazy dumb app idea. But you never know.

I do remember thinking “gee and he just had a baby too, what a time to take a risk.” I later learned that he had married old money. The second he had a kid with her, he couldn’t lose.

[–] Yprum@lemmy.world 55 points 14 hours ago (1 children)

What an awesome comparison.

[–] khannie@lemmy.world 14 points 11 hours ago

Yeah that is real nail on the head stuff. The poverty trap is real. I really believe everyone should be poor once in their life for at least a year with no end in sight because many / most who haven't experienced it don't have the empathetic capacity to imagine it.

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[–] arcine@jlai.lu 8 points 9 hours ago (1 children)

Well, she chose AI, so she's already failed !

Good job. It won't succeed thanks to your privilege, because it won't succeed at all !

[–] ICastFist@programming.dev 3 points 8 hours ago

"I got the VC money, not my problem anymore!"

[–] luthis@lemmy.nz 54 points 15 hours ago (2 children)

She's going to be another super villain in ten years isn't she

[–] chahn.chris@piefed.social 4 points 9 hours ago* (last edited 9 hours ago)

Yes, but she will have really earned it unlike the other trust fund super villains.

[–] axexrx@lemmy.world 10 points 11 hours ago

I hope in 10 years we find out shes secretly a cyborg and meant that litterally, the prototype chip is on (in) her shoulder.

[–] lambalicious@lemmy.sdf.org 164 points 17 hours ago (2 children)

no ties to my privilege

it's an AI startup

$185 million

Something does not compute, in a Microslop sort of way.

[–] ConstableJelly@piefed.social 33 points 12 hours ago (2 children)

“I have a chip on my shoulder,” she said, describing her drive to prove she can win over private equity in Silicon Valley based on merit, not inheritance or legacy ...[T]he young founder hasn’t taken money from her parents for Phia. Instead, she’s insisted on raising outside capital even as some investors remain fixated on her personal life instead of her business venture.

I appreciate the sentiment, but it would be delusional to think her ability to "win over private equity" was divorced at all from her father's legacy and last name. And actually, I'm not sure I appreciate the sentiment. In 2026, merit is way down the list, like scrawled sideways in the margins, of things that matter to private equity.

[–] CogitoCool@lemmus.org 1 points 1 hour ago

It's certainly delusional. I've been active in the innovation space for ~25 years, and for most normal people it's taking a massive risk. Here, she's not ending-up on the street if the venture flops, so the risk is low.

So merit my ass, it's easy to take a risk if it's not real risk, i.e. I agree and don't appreciate the sentiment.

[–] bufalo1973@piefed.social 4 points 10 hours ago

like shot in the head and scrawled sideways in the margins

FTFY.

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[–] scarabic@lemmy.world 24 points 13 hours ago (13 children)

Reading this, I was reminded of how Nicolas Cage is part of the Coppola family but changed his name, I was told, so that he could “make it on his own.”

I looked that up and it turns out to be a complete lie. He actually changed his name to conceal the fact that he was not making it on his own.

From Wikipedia:

At age 15, he tried to convince his uncle, Francis Ford Coppola, to give him a screen test, telling him "I'll show you acting." His outburst was met with "silence in the car."[20] By this stage of his career, Coppola had already directed Marlon BrandoAl PacinoGene Hackman and Robert De Niro. Although early in his career Cage appeared in some of his uncle's films, he changed his name to Nicolas Cage to avoid the appearance of nepotism as Coppola's nephew. His choice of name was inspired by the Marvel Comicssuperhero Luke Cage and composer John Cage.[21][22]

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[–] vane@lemmy.world 25 points 13 hours ago

This is fucking worse than monarchy.

[–] homesweethomeMrL@lemmy.world 45 points 15 hours ago (1 children)

To be fair to whoever she is, it must have been impossible for them to not to have grown up completely bonkers out of touch. Not without some serious awesome parenting.

Which is why she did not.

[–] Subtracty@lemmy.world 11 points 12 hours ago (1 children)

They have no frame of reference whatsoever.

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[–] givesomefucks@lemmy.world 111 points 18 hours ago (6 children)

Wonder how much of her funding came from people who rape kids with her dad...

If she thinks she's doing anything that her name doesn't benefit, she's fucking stupider than most AI ceos and that's saying a lot.

Maybe even stupid enough to not know the reason her dad's company took off is her grandparents worked for Xerox and just gave him a bunch of IP including the first computer mouse and a shit ton of money.

The Gates family is a nepo family, they're just all too stupid to understand and legitimately think they have the same opportunities as anyone else.

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[–] FlashMobOfOne@lemmy.world 83 points 17 hours ago* (last edited 17 hours ago) (1 children)

Is this the same entitled bitch who got a $1,000,000 ranch as a present?

Maybe pay some fucking taxes, Phoebe.

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[–] circuitfarmer@lemmy.sdf.org 17 points 13 hours ago

Pay your taxes or shut up.

[–] TheTiltster@feddit.org 54 points 17 hours ago (6 children)

An "AI shopping company". Yes, that´s just what the world needs.

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