Friday, July 30

Prince Harry Joins Billion Dollar Silicon Valley Startup as Senior Executive | Prince harry

Prince Harry received a job from a $ 1bn (£ 730m) Silicon Valley startup providing professional training, mental health advice and ‘immersive learning’ as its director of impact.

The Duke of Sussex said he hoped he could “make an impact in people’s lives” by working with BetterUp to provide “proactive training” for personal development, increased awareness and “a better life in all respects.”

It is the Duke’s first formal position in a private company since he ceased to be a working member of the royal family a year ago.

Harry and his wife, Meghan, also signed multi-million dollar deals to provide content for Spotify and Netflix.

As an impact director at BetterUp Prince Harry is expected to help with product strategy decisions, charitable collaborations, and advise on mental health issues. Harry has already worked closely with mental health charities.

“It is about recognizing that it is not so much what happens to us, but rather what has happened to us throughout life”, Harry told the Wall Street Journal, which first reported the quote.

“Often times, due to social barriers, financial difficulties or stigma, many people cannot focus on their mental health until they are forced to. I want us to get away from the idea that you have to feel broken before asking for help. “

Alexi Robichaux, CEO of BetterUp, said: “It is a meaningful and substantial role.”

The couple are said to have met through a mutual friend and have been discussing the collaboration since last fall. Robichaux did not disclose how much Harry would be paid or whether he was given shares in the business.

“He is synonymous with this approach to mental fitness and he really does invest in yourself,” Robichaux said. “It was not a difficult internal sale.”

BetterUp, which was founded in 2013, recently raised $ 125 million from a number of international investors to fund the expansion. That new funding valued BetterUp at $ 1.7 billion, making it a so-called “unicorn,” a startup valued at more than $ 1 billion. It claims to employ 2,000 coaches and 300 commercial clients, including Hilton, Nasa, Chevron and Mars.

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The San Francisco-based firm says it is focused on “changing the world by bringing the power of transformation to each and every person.” His employees, he says, “are trained to go the extra mile to achieve their best.”

Impact managers are a rare but increasingly popular position in Silicon Valley startups and companies. The position, which has been nicknamed “Chimpos,” generally has responsibility for measuring a company’s sustainability, mental health, and impact on society at large.

Silicon Valley tech company Salesforce was one of the first to file for the position. Say your CIO is responsible for “Promoting a positive social and environmental impact on our company, customers, partners and community, promoting a positive social and environmental impact on our company, customers, partners and community.”

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