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Inside Founders (Feb 26th, 2019)

1. The Securities and Exchange Commission wants Tesla co-founder and CEO Elon Musk held in contempt of court. The SEC filed a motion Feb. 25 in federal district court in Manhattan requesting the contempt charges following Musk's Twitter claims last week that Tesla would produce 500,000 cars in 2019—a figure he later revised to 400,000. A previous settlement between the SEC and Tesla requires Musk have written approval from the company for any written statements, and was part of an agreement that included Musk stepping down as chairman and paying $20 million in fines. Musk has until March 11 to respond. — NEW YORK TIMES

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2. Botify has raised $20 million in funding. Founded in France in 2016, Botify has headquarters in New York, and has also announced a second hub in Seattle. The company offers its clients, which include Expedia and Nike, services to identify web pages that aren't being indexed by search engines, as well as keyword research and ranking tools. The Series B funding was lead by France’s Idinvest Partners, and brings Botify to $27 million raised. — TECHCRUNCH

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3. Online career platform Landit has raised $13 million in a round of Series A funding lead by WeWork. Landit targets its career coaching and services to women and people in diverse groups. Co-founder and CEO Lisa Skeete Tatum, who began the company when she was at a crossroads after her career in venture capital, says the new funding will be used to continue scaling the company. Landit currently provides tailored tools and resources to users for career advancement, and also partners with corporations to support employee engagement and retention efforts. — FAST COMPANY

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4. Microsoft co-founder Bill Gates returned to Reddit for his seventh appearance in the Ask Me Anything series. The thousands of questions posed in the Feb. 25 session, ranged from what he's watching on television ("Silicon Valley" for one) to his predictions for climate change. Gates also provided his top picks for hypothetical technology he'd like to see become a reality: a solution to malnutrition and an HIV vaccine. He also said he's interested in the problem of teaching computers to read and understand what they've read. As for computers, Gates also commented on automation and Universal Basic Income. Regarding the former, Gates remarked that work's importance will decline in a "hyper-productive" world, but that seems far in the offing. As for UBI, Gates said he believes benefits should focus on those who can't work or need retraining. — GEEKWIRE

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5. Founders who want to disrupt a category need to think about the problems they're solving and for whom they are solving them. This advice from SmartPants Vitamins Co-founder and CEO Courtney Nicholas Gould is just one tip to future founders from numerous entrepreneurs in AdWeek's new Challenger Brands video. — ADWEEK

6. Married couple and Los Angeles-based Stuzo Clothing company co-founders Stoney Michelli and Uzo Ejikeme evolved their company's products and branding over time before establishing a gender-free fashion identity. — FORBES

7. Utah lawmakers are seeking to increase funding for computer science education in response to founders and CEOs from the state's growing technology and innovation sector. — DESERET NEWS UTAH

8. Squad Founder and CEO Isa Watson discusses the rejections she's received in her career and offers advice for preparing for rejection as a female tech founder. — ENTREPRENEUR

9. Advocacy group IndiaTech has asked the Ministry of Corporate Affairs and the Securities and Exchange Board of India to approve founder-friendly policies that would allow founders of Indian startups to retain more control over their companies. — INC42

10. Coterie, a newly launched direct-to-consumer party-planning kit startup, has raised $2.75 million, and was founded by Linden Ellis and Sara Raffa, founding members of Daily Harvest. — CNN

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Julia Goldberg is a journalist and author living in Santa Fe, New Mexico. She writes regularly about the intersection of technology and culture, and is the executive director of MIX Santa Fe, a networking organization for entrepreneurs. She writes the Inside Founders newsletter and can be found on Twitter @votergirl.

Editing team: Kim Lyons (managing editor at Inside, a Pittsburgh-based journalist with recent bylines in the NYTimes and Columbia Journalism Review.) and Susmita Baral (senior editor at Inside, recent bylines in NatGeo, Teen Vogue, and Quartz. Runs the biggest mac and cheese account on Instagram).

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