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Stock impact report

Young, successful tech cofounders have a secret weapon: couples therapy [Business Insider]

First Citizens BancShares, Inc. - Class A (FCNCA) 
They say therapy improved their company culture as well as their personal lives. About two years after founding Karat in 2019, Will Kim and Eric Wei's LA-based fintech startup was doing really well. They snagged a spot in Y Combinator 's 2020 accelerator. In 2021, they raised $26 million in Series A funding It was the perfect time to see a therapist together. "I call him my therapy daddy," Kim, 29, told Business Insider of Wei, his friend and cofounder. "He was the one who really got me started on this therapy thing." Kim first tried therapy in 2019, after a venture with a different friend fell through. "Turns out that the easy part is finding good opportunities and doing the business side," Kim said. "The hard part is the emotional stuff." He'd never gone to therapy, but heard positive things from his friend Wei. Through his sessions, Kim saw that he and his previous business partner had been "stonewalling" each other and were acting "super avoidant," he said. So, when W Show less Read more
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