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“Such a good episode! Love seeing her open up and this new era” - HSR Angel

ICYMI

Hi! Hello! Happy Sunday HSR

I write this to you with lingering brain fog from the estradiol crash post egg retrieval and OHSS excited to watch the VS fashion show, but determined to share some insight after two days at the Goldman Sachs Builders and Innovators Conference. I still can’t believe I was honored as one of the 2026 Top 100 Entrepreneurs by Goldman Sachs. I’m sure every finance bro and VC that has questioned or made fun of me when I started this has absolutely nothing to say right now. Because this is a list that you are internally nominated for, you don’t apply for it, you can’t pay for it or use your PR team to help get you on. I hate to say that the recognition fuels me, because I’ve known what I’ve been doing since I started, but if there’s one place I can be fully honest, it’s here, and it does. I am still not done proving people wrong. And that’s something I need to continue to work on. I need to focus on proving people right. Like you if you’re reading this email. 

Which leads me into one of the first conversations I had at the conference with a multi-billionaire that made me question what is fuelling me right now. According to him, every single person on this planet has 6 things that fuels us, all in our own order. Those things are uncertainty, certainty, love, significance, growth and contribution. This one calls for a deeper explanation in a future solo episode but all I can say is right now, it’s probably contribution, significance and love and it’s really important to revisit that list on a yearly basis to make sure they stay in line with your priorities.

I shared with the same multi-billionaire that I couldn’t help but wonder why I was nominated amongst so many incredibly successful people changing the way we eat, work, travel, and consume but he gave me one really simple answer back and said it’s because I’m also changing something. Maybe not in the way we eat or the way in which we work, but in the way women live. The permission to live differently than other generations and since I’ve already passed the dozens of internal checks and it’s been signed off by David Solomon himself, I might as well stop questioning it and start taking advantage of the time with some of the smartest minds in the world. 

I have a lot more to share about the experience and have been doing so on TikTok but I did find it fascinating how much the word “podcasting” came up. There is a huge belief from some of the smartest minds that this industry is just at the beginning. As the consumer finds short form increasingly more draining and less value-add with ai, there is a real appetite to consume long form media and podcasts with substance.

So I found one of the best jobs you could arguably get right now if your direction is to become a Corporate Baddie. Podcast Media Partner at Anthropic. The hiring manager, Lexie Barnhorn is pretty cool. I’ve been following her on socials for the past few years and I can’t think of a cooler way to build your resume and your network than in two of the fastest growing industries - ai and podcasting.

See you back on the mic with some special guests in LA this week for the VS Fashion Show!! 

This Week’s Mood Board

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Why I’m Adressing the Controversy

What if building an 8-figure empire, selling your company at 30, and having what looks like the perfect life still meant having to start all over again?

For Danielle Bernstein, that's exactly what happened. The founder of WeWoreWhat turned a fashion blog into one of the most recognizable personal brands on the internet. But behind the success came public criticism, copying accusations, heartbreak, and the decision to call off her engagement. Now, at 34, she's taking back control of her life and business on her own terms.

What I loved about this conversation is that Danielle isn't afraid to talk about the parts of her story that weren't perfect. She opens up about the controversies surrounding her brand, what actually happened behind the scenes, and the things she wishes she had handled differently. Because what happens when the business and life you've spent years building no longer look the way you imagined?

We talk about why she called off her engagement, why marriage is also a business decision, and the importance of prenups and protecting what you've worked so hard to build. We also get into buying back WeWoreWhat, the strategy behind her massive rebrand, and what it really takes to rebuild when the whole internet has an opinion about your life.

Because whether you're building a business, navigating heartbreak, or figuring out your next chapter, there's something incredibly powerful about realizing you can change your mind, walk away, and start over without losing everything that makes you who you are.

Consumer Gossip

all the brands, people, places, things we’re gossiping about this week

Women’s Health & Beauty

  • Now we know why JLaw joined Instagram. mes° beauty launches October 27, designed by Lawrence and engineered by biotech firm Arcaea Labs; WWD reports a hair care focus. - mesbeauty.com

  • 120,000 women later, Allara raises another $30M. The HSR portfolio company raised $30 million to expand insurance-covered hormonal, metabolic and reproductive care, bringing total funding to $75 million. - Allara / Fierce Healthcare

  • What is women's health research worth? Co-founded by Dr. Stacy Sims, Collective X Health emerged from stealth with a $3.2 million oversubscribed pre-seed to license peer-reviewed women's health research to brands by API. - Forbes

  • rhode is growing up with Hailey Bieber. Bieber told Fortune a new serum is coming in January, moving rhode beyond its hydration and peptide focus as she turns 30 next month. - Fortune

Media, Entertainment & Creator

  • Reese Witherspoon wants Hello Sunshine back. She's partnering with French media group Mediawan to buy the company back from Candle Media. The prize may be Reese's Book Club: 6.2 million readers and roughly $900 million in US book sales driven. - Deadline

  • Giggly Squad is entering its pop star era. Hannah Berner and Paige DeSorbo announced the Gehls Gehl Tour with a music video, with dates across North America plus shows in London and Dublin. It follows the podcast's September deal with SiriusXM. - NYLON

  • Expect to see fewer creators at Hotel du Cap this summer. The Antibes hotel famous for hosting the Kennedys and Grace Kelly has banned photo shoots without management permission. Luxury hotels are starting to pick guest privacy over influencer content. - Fox News

  • Kim Cattrall is giving Samantha Jones energy. Meltwater marked its 25th anniversary by casting Cattrall as the ultimate brand executive in ‘Intelligence is Always in Style,’ a cinematic short-film series. B2B brands keep borrowing the consumer celebrity playbook. - Meltwater

Consumer, E-Commerce & Retail

  • Kendall Jenner is moving up at Revolve. Jenner is now Global Creative Director of FWRD and a Revolve Los Angeles ambassador, covering brand curation and digital creative direction. - REVOLVE Group

  • Kids want to be Dolly Parton for Halloween. Google's Frightgeist 2026 ranks the year's trending US Halloween costume searches. Buddy the Unicorn leads overall; Dolly Parton, Ella Langley and Dumpling top the kid list. - Google Frightgeist

  • Victoria Beckham is coming for your dining table. Her first homeware collection with Westwing launched October 12: tableware, textiles and decorative objects inspired by the Arts and Crafts movement. Home is the next category for celebrity-founded brands. - Vogue Scandinavia

  • Justin Timberlake and Jessica Biel are selling soda. Protein soda brand PRODA added the pair as co-founders, with Barry's executive chairman Joey Gonzalez joining too. Celebrity co-founder titles could be the new celebrity endorsement. - PRODA

Tech, Business & Investing

  • Bumble is swiping left on the public markets. The company has agreed to a $1.3 billion all-cash sale to Ithaca Holdings, whose Ravi Gupta and John Hegeman would become co-CEOs; Whitney Wolfe Herd's next role hasn't been announced. - Bumble / Bloomberg

  • The Knot and Zola are engaged. The Knot Worldwide agreed to acquire Zola, creating a wedding planning group of 14 brands across 11 countries. Terms weren't disclosed and the deal hasn't closed; both brands stay separate. - The Knot Worldwide / Reuters

  • Wall Street gets a reality TV upgrade. Mary & Pip officially launched October 15: high-yield cash accounts, professionally managed investing and a weekly money ritual from the former Deutsche Bank private wealth manager and Love Thy Nader star. - PR Newswire

  • Hollywood might have some competition. New York production spending jumped 87% to $1.61 billion in Q3, closing the gap on California's $1.76 billion. - The Hollywood Reporter

Why Some Brands Don’t Have to Pay Influencers

Source: Velvet Caviar

I spend a lot of time thinking about how expensive it has become to build a consumer brand, especially as I've really gotten back into investing this year and have seen lots of P&Ls. Between paid media, influencer marketing, PR, events and the actual cost of making a product, it is insane how much money a company can actually spend before it even knows whether someone is going to buy what it's selling.

And influencer marketing is one of the most interesting expenses to me because the economics can be so wildly different depending on what you're selling.

Which brings me to a brand that clearly has mastered this model. Founded in 2014, Velvet Caviar has grown from a phone case company into a fashion tech accessories brand with more than 250,000 customer reviews and distribution across 18,000+ retail doors nationwide.

For its latest iPhone 18 launch, the brand hand-delivered its new collection to 50 creators across New York and Los Angeles. Instead of another PR mailer, a custom Sprinter van brought champagne, caviar and live unboxings directly to creators like Morgan Riddle, Victoria Paris and Halley Kate.

And they knew what they were doing because it resulted in more than 37 million organic views and 50+ posts, with no contracted creators or paid placements.

Now, I don't think the takeaway here is that brands should start sending champagne and caviar to influencers in Sprinter vans but here's what we're going to get into:

  • The number one problem founders are calling me about right now (Velvet Caviar has figured out), and the advice I’m giving them.

  • Why some brands can get millions of organic impressions without paying influencers. And what makes certain products particularly valuable to gift to a creator that they’ll accept.

  • When is it actually better to pay influencers than gift them products? The economics behind both strategies, and how I'd decide where to spend my marketing budget.

  • Does free marketing actually make for a better business? The trade-off I'd consider as an investor, and why brands spending more on marketing might actually be the better businesses to own.

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