Back to today’s briefing

Story perspectives

Phoebe Gates Launches Sustainable Startup Without Dad's Funds

4/29/2025

31 3

Summary

Story summary

Phoebe Gates, 22, founded her e-commerce startup, Phia, emphasizing sustainable shopping without her father's financial support.
Bill Gates expressed reservations about funding, encouraging Phoebe to gain independent experience.
He provided guidance on hiring, while Melinda urged Phoebe to embrace learning from setbacks.
Phoebe strives to establish her identity beyond being a "nepo baby" and seeks personal achievement.

1 of 1

Story summary

Phoebe Gates, 22, founded her e-commerce startup, Phia, emphasizing sustainable shopping without her father's financial support.
Bill Gates expressed reservations about funding, encouraging Phoebe to gain independent experience.
He provided guidance on hiring, while Melinda urged Phoebe to embrace learning from setbacks.
Phoebe strives to establish her identity beyond being a "nepo baby" and seeks personal achievement.