Catch Up On This Week's Top 5 Stories With Our Video Recap

Kelly O'Grady
Kelly O'Grady is dot.LA's chief host & correspondent. Kelly serves as dot.LA's on-air talent, and is responsible for designing and executing all video efforts. A former management consultant for McKinsey, and TV reporter for NESN, she also served on Disney's Corporate Strategy team, focusing on M&A and the company's direct-to-consumer streaming efforts. Kelly holds a bachelor's degree from Harvard College and an MBA from Harvard Business School. A Boston native, Kelly spent a year as Miss Massachusetts USA, and can be found supporting her beloved Patriots every Sunday come football season.
Catch Up On This Week's Top 5 Stories With Our Video Recap

The L.A. tech and startup community was active as ever this week. dot.LA chief host and correspondent Kelly O'Grady takes you through the key points of the top five headlines:

  • TikTok Soap Opera: App files lawsuit against Trump Administration, CEO Kevin Mayer resigns abruptly
  • Venture firm Freeflow seeks to back CalTech startups
  • One man aims to get VCs to commit to underrepresented investors
  • Gamelancer launches to connect expert gamers and personalities to users looking for teammates
  • Raises: Songtradr, PatientPop and Wrapbook


Weekly Recap: Kevin Mayer Leaves TikTok, VCs Commit to Underrepresented Investors, Fund Raises www.youtube.com

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Netflix Updated Its Culture Memo for the First Time in 5 Years to Address Censorship, Secrecy

Kristin Snyder

Kristin Snyder is an editorial intern for dot.la. She previously interned with Tiger Oak Media and led the arts section for UCLA's Daily Bruin.

Netflix Updated Its Culture Memo for the First Time in 5 Years to Address Censorship, Secrecy
Photo by Venti Views on Unsplash

Netflix promised change after its poor first-quarter earnings. One of the first targets: the Netflix Culture document.

The changes, which Variety reported on Thursday, indicate a new focus on fiscal responsibility and concern about censorship. While promises to support honest feedback and open decision-making remain, the memo’s first update in almost five years reveals that the days of lax spending are over. The newly added “artistic expression” section emphasizes Netflix’s refusal to censor its work and implores employees to support the platform’s content.

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‘Raises’: Mahmee Secures $9.2M, Wave Financial Launches $60M Fund

Decerry Donato

Decerry Donato is dot.LA's Editorial Fellow. Prior to that, she was an editorial intern at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

Raises
Image by Joshua Letona
In this week’s edition of “Raises”: It was another slow week on the deal front, but one maternal health startup, with a mission to fight maternal mortality, landed a deal with growth equity business Goldman Sachs. Meanwhile, a Los Angeles-based investment firm is launching its 8th digital asset fund of $60 million.
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