Who is the CEO of PandoDaily? – Biography
Sarah Lacy is a technology journalist and author from the United States. She is the chief editor and founder of Pando.com, an investigative tech news website. Before starting her own business in 2011 while on maternity leave, she worked for BusinessWeek and TechCrunch for more than fifteen years, covering technology news and entrepreneurship.
How old is Lacy? – Age
Born Sarah Ruth Lacy, Lauren is 35 years old as of 3 October 2023. She was born in 1988 in Los Angeles, California, United States.
Lacy Partner
She has been married to Geoffrey Ellis, a Photographer.
Chairman Mom
In April 2018, Lacy co-founded Chairman Mom, a question-and-answer website geared toward working women that is accessible via subscription.
PandoDaily
Lacy founded PandoDaily on January 16, 2012. Business Insider dubbed it “TechCrunch 2.0” at the time. When it first opened, it advertised itself as “the site of record for Silicon Valley”.
The huge root system of the Pando tree colony in Utah, which covers 106 acres and keeps growing new stems or trunks long after wildfires have burned older trunks, served as the model for the name. Farhad Manjoo, Paul Carr, M.G. Siegler, Michael Arrington (creator of TechCrunch), and several staff writers were among the first contributors to PandoDaily. Michael Arrington and M.G. Siegler left PandoDaily due to a disagreement, however they hired other technology writers, notably Greg Kumparak (who was previously at TechCrunch).
The acquisition of NSFW Corp, a politics and humor website started by technology journalist Paul Carr, by PandoDaily was announced in November 2013. According to PandoDaily, the transaction was made with the intention of intensifying investigative reporting. Carr went on to join PandoDaily as editorial director.
PandoDaily transitioned to a subscription model towards the end of June 2015, putting the majority of their articles behind paywalls. An article may be unlocked by any subscriber for a period of 48 hours (up to 20 unlocks per month), and most recently published articles were unlocked by the writers and editors and tweeted to readers. Their primary motivation for making the shift was to preserve their editorial independence and integrity without becoming overly reliant on certain investors or ads for income.
With an estimated $2.5 million in funding from investors including Marc Andreessen, Peter Thiel, Tony Hsieh, David Sze, Jim Breyer, Reid Hoffman, Chris Dixon, and Josh Kopelman, Lacy launched the technology news website PandoDaily in 2012. The website featured a monthly event series called “PandoMonthly” in addition to a daily technology blog. According to a string of emails sent in 2012, Lacy got embroiled in a disagreement about an event that PandoDaily planned at the Cross Campus event venue in Los Angeles.
On November 17, 2014, after PandoDaily published a story criticizing Uber’s misogynistic policies and culture, then-Uber executive Emil Michael allegedly suggested that Uber consider hiring a team of opposition researchers to gather information on critics in the media, including Lacy, and suggested a $1 million smear campaign. Lacy sold PandoDaily to BuySellAds on October 23, 2019. The history of intimidation, threats, and betrayals Lacy witnessed and experienced in the Silicon Valley region is what led her to leave.
What happened to Pando daily?
On October 23, 2019, Lacy made the announcement that she had resigned from journalism to concentrate on her new project, Chairman Mom, a community for “working women,” and that Pando had been sold to one of its partners, BuySellAds. Silicon Valley was “a place where I’ve been lied about, where VCs have arm-twisted editors to fire me, where billionaires have threatened those doing business with me to cut all ties,” Lacy explained, citing a history of sexual harassment as justification. I’ve had individuals turn on me repeatedly there just for carrying out my duties. People I trusted have betrayed me in this place. Once-friends of mine threatened my kids there because I wrote about stuff they did.”
Sarah’s Books
Three books have been written by her: Once You’re Lucky, Twice You’re Good (2008), also known as The Stories of Facebook, Youtube, and Myspace; Clever, insane, and cocky: The books A Uterus Is A Feature, Not A Bug (2017) and How the Top 1% of Entrepreneurs Profit from Global Chaos (2011) are available.