In 2021, 195 CEOs Have Already Left Their Posts | This Five-Month Old Startup Allegedly Hits Unicorn Status

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Danielle DuBoise and Whitney Tingle have been through a lot together. Since becoming best friends in their Sedona, Arizona, seventh grade math class, they’ve turned organic plant-based meal delivery company Sakara's—started with $700 out of a 500-square-foot New York apartment—into a profitable nationwide service with $150 million in annual revenue.

Still close friends, now co-CEOs and moms, DuBoise and Tingle spend weekdays breast-pumping during board meetings and weekends FaceTiming to keep their business booming. They’ve so far
managed this growth with only $4.8 million in series A funding—but yesterday they announced a $15 million series B round, largely to expand consumer packaged good offerings. In this week's must-read Forbes Under 30 story, reporter Alexandra Sternlicht takes you inside Sakara's astronomical growth.

Alexandra Wilson

Alexandra Wilson

Editor, Forbes Under 30

 
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Digital Health Startup Ro Raised $500 Million At $5 Billion Valuation

The cash pay company looks to offer a full stack primary care solution in lieu of traditional health insurance, including pharmacy distribution and in-home diagnostics.


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Must Read Stories For Young Entrepreneurs

On top of running a Forbes Under 30 $2 billion-valuation design software startup, Dylan Field has become a leading collector and advocate for digital art. The CEO talks Beeple, NFTs, environmental impact and the "metaverse."

Some 195 CEOs have stepped down in the first two months of 2021, according to recruiting firm Challenger, Gray & Christmas. Several of those departures have been high profile founder-CEOs.

Stratia Skincare blew up on Reddit in 2016 with its Liquid Gold moisturizer. In the five years since launch, founder Alli Reed continues to personally formulate each bottle and reject almost "every major beauty retailer."

Eight years and 76 investments later, BBG Ventures has proven its investment thesis backing consumer startups with at least one woman on their founding teams. Now it's gearing up again with a new $50 million early stage fund for women founders.

Pacaso, a marketplace for second homes, has raised $75 million in Series B financing that gives the five-month-old business a valuation north of $1 billion, the company announced on Wednesday.

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The Pursuit

This week's collection of expert tips from Forbes contributors around the world for those building and running a business. Click to sign up instantly for The Pursuit, a biweekly essential briefing by Senior Entrepreneurs Editor Maneet Ahuja.

While Goldman Sachs CEO David Solomon has called working from home an “aberration” that will be “corrected as quickly as possible”, the boss of Unilever, Alan Jope, has said his office workers will never return to their desks five days a week.

Across Forbes

 
2021 Forbes Next 1000: Timeless Strategies to Evolve Amidst An Ever-Shifting Market
 
 
 

ForbesLive

2021 Forbes Next 1000: Timeless Strategies to Evolve Amidst An Ever-Shifting Market

Our Forbes Next 1000 List spotlights bold entrepreneurs on their way to success. As we continue to highlight these incredible leaders and their journey, we invite you to join Forbes and Square for a virtual gathering, Forbes Next 1000: Timeless Strategies to Evolve Amidst An Ever-Shifting Market, taking place on Wednesday, March 31 at 2 p.m. ET | 11 a.m. PT. Gain insights from an incredible group of resilient entrepreneurs and 2021 Forbes Next 1000 Listers as we explore the importance of having a multi-prong selling approach and bold new marketing strategies that drive engagement.

Register To Attend →
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Forbes Advisor | Smart Financial Decisions Made Simple
How To Get Started With Your First Bank Account

When the time comes to open your first bank account, the process might seem daunting. From figuring out the type of account you need, to where you’ll open your account and what you need the account to do for you, there are plenty of choices you need to make. Here's what you need to know to make the process a breeze.

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