Melinda French Gates did not fund her daughter Phoebe’s startup venture. She wanted Phoebe to experience the fundraising process independently and learn resilience. This approach mirrors Bill Gates’ philosophy on inheritance for their children. Phoebe Gates launched a fashion-tech startup called Phia shopping app. French Gates believes rejection builds courage for female founders. Melinda French Gates did not fund her daughter Phoebe’s startup venture. She wanted Phoebe to experience the fundraising process independently and learn resilience. This approach mirrors Bill Gates’ philosophy on inheritance for their children. Phoebe Gates launched a fashion-tech startup called Phia shopping app. French Gates believes rejection builds courage for female founders.
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