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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Arts & EntertainmentNetflix

Netflix Cancels ‘Girlboss’ After Only One Season

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David Z. Morris
David Z. Morris
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By
David Z. Morris
David Z. Morris
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June 25, 2017, 2:58 PM ET
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Netflix has cancelled Girlboss, a comedy based on the life of fashion entrepreneur Sophia Amoruso. Amoruso gained public prominence as the founder of the Nasty Gal clothing company, and the 2014 book that formed the basis of the show was a bestseller. But in the 18 months since the Netflix show was first ordered, Amoruso’s company has essentially collapsed.

In less than a decade, Amoruso built Nasty Gal from an eBay side project into a full-fledged online retailer. Nasty Gal attracted several big venture capital rounds and reached a reported valuation of $200 million, and Amoruso was seen for a time as a tech-world phenom.

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But a string of pregnancy discrimination lawsuits and reports of a toxic company culture tarnished Amoruso’s carefully-crafted message of female empowerment. A combination of overinvestment and revenue declines led to a November 2016 bankruptcy filing. As the show rolled out in April, Nasty Gal’s brand assets were sold to British fashion shop Boohoo.com for just $20 million.

Girlboss, which focused on Amoruso’s early life, was dogged by the disconnect between its go-getter message and the ongoing trouble at Nasty Gal. Variety described the show as “a love letter to a paragon of success that doesn’t exist.”

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