Déborah Wanza, founder, Phloxe

Can technology end modern slavery? This Congolese founder holds brands accountable.

From baby pajamas to burgers, many items that we purchase are linked to modern slavery at some point in their supply chains. To tackle forced labor, Congolese-French entrepreneur Déborah Wanza launched a brand accountability startup in Miami. The country of her birth, the Republic of Congo, is the leading supplier of cobalt for smartphones, often mined by children who toil in inhumane conditions.     
Credit:Shutterstock

Board of Directors vs Board of Advisors: Startup’s Brain vs Soul

In essence, a board of advisors is more concerned with a company's strategic interests, while a board of directors focuses on advancing the interests of shareholders. This distinction seems subtle, but for many companies that originate outside the U.S. startup ecosystem, this can be quite a foreign concept. Lifelong entrepreneur Michael Burtov explains the difference between the two.
Credit: Shutterstock

Do investors steal the ideas you pitch them? Yes, all the time, and here’s why.

Tales about devious investors conniving to take advantage of aspiring entrepreneurs have been circulating in the tech community for a while. Most founders dismiss such stories as urban legends, but in fact, some VCs do steal ideas from early stage startups in order to boost their own struggling portfolio companies. Immigrant entrepreneurs, who have limited access to capital and are often overly eager to find an investor, should approach fundraising with caution, warns Michael Burtov, a star mentor and lifelong entrepreneur.
Credit: Shutterstock

Immigrant entrepreneurs created ChatGPT. Is AI a superior alternative to our flawed systems or a dystopian hellscape?

Artificial intelligence (AI) recently entered the long list of epoch-making technological innovations credited to the hard work of immigrant founders. ChatGTP, which was developed by Open AI, a company that was launched by an international team, has been making headlines over the past few months. Mike Burtov, a star entrepreneur and mentor, is wondering whether AI will usher in a glorious future for humanity or could prove to be a ticking time bomb.