Phoebe Gates, the youngest of Bill and the children of Melinda Gates, made his own entry into the business world.
His billionaire father is happy that he did not have to finance him.
“I thought:” Oh my boy, she will come and ask “,” said Gates at the New York Times in an interview published Thursday.
Gates would have supported his daughter’s affairs, but his aid would have been accompanied by strings-and that would have made things complicated, he said.
“I would have kept her in a short leash and I would make commercial criticisms, which I would have found delicate, and I would probably have been too nice, but I wondered if it was the right thing to do. Fortunately, it never happened,” he said.
Phia, which launched on April 24, offers price comparisons for clothing on 40,000 linked sites, aimed at bringing the best offers.
In an episode earlier this year of “The Burnnets”, the Podcast Phoebe Gates welcomes with its former roommate and current co -founder Sofia Kianni, Gates said that her father was worried about starting a business.
And Phoebe abandoning the university – as Bill did when he founded Microsoft – was completely out of the question.
“I literally never hear my father talking about the beginning of Microsoft,” said Gates. “I literally remember especially since he talked about the foundation. I remember that I wanted to start the business and that he said to himself:” Are you sure you want to do this? “”
Gates graduated from Stanford in 2024 with a diploma in human biology, after completing his studies in just three years.
“They really looked like:” You have to finish your diploma; You are not only to love, to abandon and make a business. “What is so funny because my father has literally did this, and that is, as, the reason why I am able to go to Stanford or to charge my tuition fees,” said Gates.
Gates looked like a “nepo baby” in his first year, she said at the time. And although his father has already declared that he planned to allow his children to inherit only 1% of his total wealth – this always amounts to millions each.
“If the company succeeds, people will say:” It is because of its family “,” said Gates to the New York Times. “And a large part of this is true. I could never have gone to Stanford, or have such an incredible education, or feel the desire to do something, if it was not for my parents. But I also feel a huge amount of internalized pressure.”
So far, Gates and Kianni have obtained more than half a million dollars in funding-some of a venture capital company, some of the providential investors, according to Times.
Gates said his commercial business operates a huge market.
“We are roommates who are fighting on clothes,” Gates at New York Times told Gates. “We are the girls who traveled shopping sites for offers. And there are, frankly, thousands of other young women like us.”
businessinsider
