Lucy Guo, an entrepreneur known for co-breaking Scale AI, surpassed Taylor Swift and became, at 30, the youngest woman in the world to reach the status of billionaire self-made, according to Forbes.
Guo founded the Generative Artificial Intelligence Startup in 2016 alongside Alexandr Wang and left the company in 2018. Currently based in San Francisco, Scale AI is valued at $ 14 billion. However, a new secondary round can raise valuation to $ 25 billion. Guo still has an estimated stake of about 5%, equivalent to $ 1.2 billion.
After leaving Scale there, she co -fired the Backend Capital, a manager of Venture Capital focused mainly on promising engineers. It was not long before it returned to the technology sector: today, he is CEO of Passes, a company he has created to offer monetization tools to content creators, in a model similar to Patreon or Onlyfans.
Passes positions itself as an alternative “mainstream” to Onlyfans and has already partnered with names such as former basketball player Shaquille O’Neal and gymnast Olivia Dunne.
With $ 40 million raised in Seed round, the company and Guo currently face a US collective action, which claims that the platform has profit from explicit content involving minors. Passes states that the accusation is “categorically false and ignores the truth irresponsibly.”
The platform allows breeders to get 90% of their earnings and monetize content through signatures, live broadcasts and fan messages.
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Influence of Fire Movement
Guo already said to Fortune that the Fire movement had a great influence on the decisions it made early in its career. “He entered Reddit to read the forums about Lean Fire and Fat Fire, because they really teach a lot about financial management and heritage construction. When you are young, you can afford to receive a lower salary,” he said. She liked the idea of being able to “retire with relatively little money and still live well.”
Defender of a frugal lifestyle, he usually advises those who want to enrich “living below their means.” Now billionaire, has access to a standard of living that many only imagine.
According to ForbesGuo is one of six billionaires self-made with less than 40 years in the world. It is also the only one on the list that has built most of the assets in a company that has already turned off. In addition to Fire, she attributes her success to the professional connections made throughout her career.
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“Your networking is your heritage,” he told Fortune. “If you have good connections with funds and employees or startup founders in the early -stage, you can make money by intermediating sales of participation in promising companies.”
