There are some major differences between those who have money and those who don't.

In a recent YouTube episode with Chelsea Fagan of The Financial Diet, Reddit cofounder Alexis Ohanian was asked what he thinks people with money know that people without money don't know. The episode was sponsored by Empower, a mobile banking app that's backed by Ohanian's venture capital firm, Initialized Capital.

"I thought I'd be handed like a book when [I made money] ...like the book of sh-- only rich people know," he said. "I never got this, and I still am learning things and it's amazing and I know I'm going to be continuing to be learning stuff, and I'm going to be continuing to scratch my head and wonder how is it possible this whole other world exists."

Ohanian said one of the most "frightening" things he's learned since having money is that wealthy people have better access to quality healthcare.

Ohanian explained that he was raised with the assumption that all healthcare and all hospitals are basically the same — that there's not a big difference, and people just go to the hospital near them.

Read more: Reddit co-founder Alexis Ohanian says he wants to teach his and Serena Williams' daughter to code: 'She already has 3 laptops'

"Only in recent years as I've had to encounter the stuff for loved ones and have I had people who have obscene wealth, relative to my own — very wealthy and old money wealth — have I learned there's a whole other world, from concierge medicine and private medicine to very different tiers of hospitals and quality of care," Ohanian said. "And I literally never even heard of these before, let alone walked into them or seen them and now that I have, it is jarring."

He continued: "I think that's one of those things that if we all as a public understood, really understood the difference, I think folks would be even more upset than they already are about the quality of healthcare in this country, because it is staggering."

Ohanian said this realization "shook" him because it made him rethink the care his loved ones received years ago when they weren't aware of the differences and didn't have access to better healthcare financially. Now, he said, it's a priority to him as a husband and a father to get the very best healthcare.

"My wife and daughter are going to have access to things I never even dreamed of," Ohanian said, speaking of wife Serena Williams. "I didn't think it was that different, but it turns out it is."

But that's not the only difference he sees when it comes to the wealth divide.

"The same way the difference in medicine makes my head spin, the difference in financial products is along the same lines," Ohanian said, referencing a high-net-worth person's relative ease of qualifying for a loan, for instance, compared to the average American.

He continued: "And it's subtle, these are very subtle things, but they add up a lot, especially when you think of the implications it has in the rest of the country, the rest of world."

Britain's Parliament has just given the world an unprecedented look at the ruthless tactics of Facebook's executive team.

On Wednesday, the Digital, Culture, Media and Sport Committee published leaked emails from the Silicon Valley tech giant's leadership team that had been obtained by Six4Three, an app developer that's locked in a legal battle with Facebook after it blocked its bikini photo app.

There are hundreds of pages of documents and emails, mostly dating from between 2012 and 2015, that detail the way Facebook allowed third-party apps to access friend data through its platform.

They provide a unique window into how Facebook's senior leaders privately discussed strategy and competition at a period of intense growth for the company, which has since been bogged down by numerous scandals and flatlining user numbers in key markets.

Do you work at Facebook? Got a tip? Contact this reporter via Signal or WhatsApp at +1 (650) 636-6268 using a non-work phone, email at This email address is being protected from spambots. You need JavaScript enabled to view it., Telegram or WeChat at robaeprice, or Twitter DM at @robaeprice. (PR pitches by email only, please.) You can also contact Business Insider securely via SecureDrop.

From Facebook's attempts to kneecap "strategic competitors" to CEO Mark Zuckerberg writing that his company's interests don't always match up with what's best for the world, here are some of the key takeaways from the documents.

If you're looking for apps for your iPhone, Apple's year-end awards are a good place to start.

Apple revealed its top apps of the year on Tuesday, including hand-picked suggestions for iPhone app of the year and iPhone game of the year.

Apple also revealed year-end charts for the most downloaded apps on iPhones and iPads. The most downloaded app of 2018 was the Google-owned YouTube. In second place was Facebook's Instagram, and behind it was Snapchat.

Here are the top iPhone and iPad apps of the year:

When Mandy Ginsberg took over as CEO of online dating juggernaut Match Group in mid-2017, she was determined to alter the perception of the industry as a "bro culture" world.

And one step she made was to audit the salaries of her own workforce, which is now 1,500 people, to see if she was paying women and men equally for equal work.

She was shocked to discover that at her company — the largest operator of dating apps with brands like Tinder, Match, Plenty of Fish and dozens of others — her female employees were 100% equally paid, according to the findings by a third-party auditor.

Paying people equally for the work that they do, regardless of their gender, has been required by law since the Equal Pay Act was passed in 1963. And yet women still earn 80 cents for every $1 that men earn, and are often underpaid even for equal work.

See Mandy Ginsberg speak at Business Insider's Ignition conference, December 3 & 4 in New York and streaming online.

Ginsberg didn't just want to give lip service to her internal audit. She hired outside auditor, Syndio, to examine the pay rates of her workforce which is 36% female. The firm didn't just look at job title but grouped employees by what their jobs entailed. If it found a difference in pay between genders, it looked at other non-gender factors such as tenure, education, years of experience to determine if that explained the gap.

And often, it doesn't. Salesforce famously audited its workforce, not just once but twice over the past couple of years and issued $6 million in raises to women and agreed to publicly discuss its process, becoming the poster child for equal pay. The second audit and adjustment was done after Salesforce grew its employee base substantially through acquisitions, CEO Marc Benioff previously told Business Insider.

See Salesforce HR chief Cindy Robbins speak about the impacts of paying equally at Business Insider's Ignition conference, December 3 & 4 in New York.

Match has also grown dramatically through acquisitions. So, when the consultants told Ginsberg that their analysis had found no discrepancy, Ginsberg was so surprised she demanded the third-party auditor go back and check the data again. They did and the results stood.

It was a light-bulb moment for Ginsberg. Although she's only been in the top CEO role for a year and a half, she spent the last half dozen years as the executive in charge of a number of Match's biggest businesses, including Match.com, Match Affinity, Plenty of Fish, OKCupid.

And one of her "guiding principals" has been to offer pay and raises based on people's value to their company "whether they ask for it or not," she said in the press release.

In other words, she hasn't turned compensation into a negotiating game, granting raises only when someone asks. She has simply paid people what the company was willing to pay them and rewarded them without asking for a job well done. And now, she's not only published the results but is speaking out and advocating for this method.

"So often and in so many businesses, women don't make compensation demands. And until we raise our daughters to make those demands, we, as leaders, need to be proactive and methodical about how we think about compensation," she said.

On Tuesday at Business Insider's IGNITION conference, Salesforce President and Chief People Officer Cindy Robbins shared the story of how the cloud software company became committed to equal pay for its employees. It's a story that she first brought to the public's attention on 60 minutes earlier this year.

Robbins said it started around 2014, when CEO Marc Benioff held his quarterly meeting with 60 to 70 top executives at Salesforce — and realized there were hardly any women in the room. Benioff knew there were strong female leaders within the company, and decided that moving forward. at least 30% of attendees to that meeting would be women.

"He gave us a seat at the table," Robbins remembers. "Our job was to stay invited to those meetings — which we did."

Read more: Match Group's CEO audited the company's payroll to make sure she was paying women equally and was surprised at the results

Robbins rose the ranks at Salesforce and became the head of human relations — or officially, Chief People Officer. Soon after the promotion she starting thinking: "Why isn't easier for women to elevate at Salesforce?"

Here's the story of how Salesforce became a company committed to equal pay, as shared at Business Insider's IGNITION conference:

Last week, developer Niantic teased that Pokémon Go players will soon be able to battle their fellow Pokémon trainers — a feature that's been in hot demand since the game first launched in the summer of 2016.

On Tuesday, Niantic announced its first feature, including the key detail that trainers will take teams of three Pokémon into battle with them.

It's not immediately clear when, exactly, this feature will start rolling out, though Niantic says that it's slated for launch before the end of the year. In the past, it's rarely taken Niantic long after the announcement to begin the rollout of new features, though it often brings the new features to high-level players first, before fully rolling out the changes.

What is clear is that the addition of player-versus-player (PvP) battles is slated to completely change the game. And I mean that literally: Among many other things, the trainer battle update will add the ability for your Pokémon to learn a third attack, beyond the two that they already know. The game's battle system itself is getting tweaked slightly, such that you're rewarded for tapping rhythmically to charge up certain attacks in combat.

Much of it builds on the game's new social features, which were introduced a few months ago alongside the also-much-requested Pokémon trading feature. While you can battle strangers, there are a few advantages to fighting your friends.

Here's how Pokémon Go trainer battles will work:

Goldman Sachs is investing $20 million into GitLab, just months after the software startup announced a mega Series D funding round at a $1.1 billion valuation.

Goldman's add-on investment brings GitLab's total Series D funding up to $110 million. The round was led by Iconiq Capital, Mark Zuckerberg's personal money-management firm. Alphabet's GV, which led GitLab's last funding round in 2017, also participated.

"I think this investment is really special because it's [Goldman's] actual engineering team that said, 'We want to invest in this,'" GitLab CEO Sid Sijbrandij told Business Insider. "They were so happy as a customer that they were like, yes, this is the future."

Sijbrandij said the funding would be used to ensure GitLab is "best in class" in each of the product categories it competes in — its rivals include Microsoft subsidiary GitHub and Atlassian's Bitbucket. To achieve its goals, Sijbrandij said, GitLab will double its headcount over the next year, after already doubling its staff in 2018.

Read more: Investors used to balk at startups for software developers — but after Microsoft bought GitHub for $7.5 billion, they're all in

The funding came out of Goldman's Principal Strategic Investments group, a division that focuses on investing the bank's money into technology companies that are strategically useful for the banking industry.

When it first launched, in the late 1990s, the group focused on market infrastructure and trading technologies, though the unit has since expanded to include areas like fintech, security, and enterprise investments, among others.

One of the most recent of its prolific tech investments is Symphony, a secure instant-messaging system built for financial institutions that was designed to challenge the dominance of the Bloomberg Terminal.

Like its competitor GitHub, which sold to Microsoft for $7.5 billion in June, GitLab is a software-developer platform built around an open-source technology called Git. It allows large groups of programmers to all work on the same piece of software without getting in one another's way, and it's an important part of how software gets made today.

Goldman started using GitLab internally in early 2018. What started out as tool used on small projects quickly got pushed out to the bank's entire engineering organization.

Now the two companies enjoy a close relationship: Goldman advises GitLab on how to shape its tools for the compliance needs of financial institutions, and GitLab builds Goldman new tools to suit its needs.

"They will be very active in guiding us on how to make a better product that is as compliant as possible and that helps with governance and best practices," Sijbranij said.

The two teams have already worked together on new tools, such as a security feature that requires multiple administrators to approve code before it's deployed. They have also worked on security protocols that actively scan code for flaws as it is written.

While many of these tools have already existed out in the world in some form or another, Sijbranij said, GitLab streamlines them all into one integrated platform.

"That's the problem we're solving — we're not inventing anything that hasn't been done before, but making sure all of those 30 tools are in one interface," Sijbrandij said.

The next big trend in startups is … no code.

That's what Ed Sim, founder and managing partner of Boldstart Ventures, says. Boldstart often writes the first check to seed enterprise startups. In fact, Boldstart was the first investor to invest in Greenplum, which became part of Pivotal Software.

The job gives Sim a window into the latest industry trends, and he pointed to a recent "low code, no code" theme in which startups build programs and apps with little to no code.

There's also massive potential in cloud and security, Sim says. Enterprises are still in the early stages of moving their workloads to clouds, which means that there are tons of opportunities for cloud startups to dive into. And with constant attacks and vulnerabilities in software, security startups can help strike the balance between security and how fast developers can build a product.

Here are three early trends that Sim is seeing.

Low code, no code

Startups in this space make developing easier for users.. For example, Manifold ties together the best cloud services into one space for users to easily search, and RapidAPI also organizes API's on one site.

"At the end of the day, it's all about the developer," Sim told Business Insider. "You're going to win opportunities in the enterprise. Any startup leveraging that developer first trend is exciting."

What's more, these startups make it easier for people to build applications, often without writing code. Twilio, which had a $1.2 billion IPO in 2016, was one of the seminal companies in the sector. And a growing number of startups are making waves in the space, including Airtable, which allows users to build databases by entering data onto a spreadsheet-like interface and using drag and drop.

Another such company is Dark, currently a five person startup co-founded by Paul Biggar, one of the co-founders of the developer tool CircleCI. Dark promises that it can help people build applications in just an afternoon.

"It's getting easier and easier for regular people to code," Sim said.

"Security is going to get absolutely hot."

"Security is going to get absolutely hot," Sim said. "Every time you think about security, you think about tradeoff in speed versus security."

Observability startups are increasingly becoming key, Sim says. Observability is similar to monitoring, but they also help with alerting and analytics on how well a system works. Essentially, these startups monitor a system's performance to make sure everything is working.

For example, a startup called Snyk, which Boldstart seeded, automates the process of finding and fixing vulnerabilities in open source software.

AP Photo/Connie Zhou

"Not only are [developers] writing code and assembling code, but they're also putting it into production," Sim said. "Now there's all these vulnerabilities built in. Why not make developers security aware? That's going to become a really big thing next year."

Another security trend Sim sees is chaos engineering, which means that engineers purposely break things in order to test for vulnerabilities and outages, before they happen. This was spearheaded by Netflix developers in 2010 when they created Chaos Monkey, but more startups like Gremlin have joined the space.

Chaos engineering is similar to vaccinations, instead of injecting a virus or bacteria into your body to prevent diseases, engineers inject attacks into a system.

"Companies like Gremlin are out there talking about how you pull the plug on the database or server," Sim said. "Is the system going to bounce back? Is it resilient? It's like injecting problems before it breaks."

Going serverless

Serverless is starting to become the norm for enterprises, with Amazon Web Services developing serverless databases like Timestream and Aurora. Applications are run on the cloud instead, and companies can focus on building their application, rather than managing infrastructure.

Read more: Wall Street says Amazon and VMware are teaming up to take down Microsoft in the cloud wars

"All you have to worry about is building your application or back end service," Sim said. "It automatically scales. It gives you even more agility. That's the promise of serverless technology."

As a result, there are now rising opportunities for startups to build tools to help enterprises support serverless applications, or applications built without servers and on the cloud instead. One startup that Boldstart seeded, IOpipe, which does monitoring for serverless applications.

Fortnite should put the actual rap songs behind the dances that make so much money as Emotes. Black creatives created and popularized these dances but never monetized them. Imagine the money people are spending on these Emotes being shared with the artists that made them

— Chance The Rapper (@chancetherapper) July 13, 2018

Dear fortnite… I’m flattered? Though part of me thinks I should talk to a lawyer…

— Donald Faison (@donald_faison) April 1, 2018

I’ve been in San Diego with Amy for a while but we are returning to Boulder in a week. San Diego has been great, but I miss my dogs, my friends, and the Colorado vibe.

When people ask me about the Colorado vibe, I often talk about GiveFirst. Soon there will be a book (by me) on this, but for now there’s an increasing amount of content on the web building up to explain it. This article in the Colorado Sun – How Techstars’ “GiveFirst” mantra became a road map for the startup community in Colorado and beyond – was excellent and had numerous short examples of how GiveFirst works and influences a startup community.

Next up is a fun article by my co-author of Startup Communities Way (my new Startup Communities book – coming up mid-year 2019) Ian Hathaway. A few days ago he cranked out a post titled Colorado is for Founders. I love that phrase and he led off the post with this great tweet from Phil Weiser.

Excited to work with our new Governor and my client to be, @jaredpolis. pic.twitter.com/5jOv1K0gDL

— Phil Weiser (@pweiser) December 5, 2018

He goes on to explain Jared and Phil’s huge accomplishments and impacts around startups and the startup community. The punch line in the post is:

“By many measures, Colorado is the most entrepreneurial state in the country, a fact that I discovered in 2013 when studying high-technology business formation around the United States. I was struck by just how many places across the state had a high proportion of startup activity occurring—a finding that has been extended to looking across other types of high-growth entrepreneurship as well. Something special is happening there, and it has been for many years.”

I’ll end with the Holiday Gift Guide from Techstars. If you want to give someone you know the gift of something from a Techstars company this holiday season, here are the choices all in one place.

Happy Friday Colorado. See you in a week.

Also published on Medium.

The former head of Britain's domestic intelligence agency GCHQ has said Facebook poses a threat to democracy unless it is "controlled and regulated."

In an interview with the BBC's "Today" programme, Robert Hannigan said Facebook's primary goal was to squeeze every drop of profit from its users' data.

He said: "This isn't a kind of fluffy charity providing free services. It's is a very hard-headed international business and these big tech companies are essentially the world's biggest global advertisers, that's where they make their billions.

Read more: Internal emails show Mark Zuckerberg saying what's good for the world is not necessarily what's good for Facebook

"So in return for the service that you find useful they take your data... and squeeze every drop of profit out of it."

He added that Facebook was "potentially" a threat to democracy if "it isn't controlled and regulated."

"But these big companies, particularly where there are monopolies, can't frankly reform themselves. It will have to come from outside," he said.

Former GCHQ boss Robert Hannigan with the Queen. Reuters

Hannigan was head of GCHQ until January 2017. He has since been critical about Silicon Valley firms and their approach to tackling extremism on their networks.

The idea that Facebook is a threat to democracy is an emerging, troubling narrative for the social network, which generally tries to portray itself as a force for good and downplays its role as a powerful media platform.

Politicians have woken up to the concept that Facebook, with its population of more than 2 billion users, may be as powerful as governments, and that false information spread on its platform has the potential to sway elections or bring disaster. The UN said earlier this year that fake news spread on Facebook had a "determining role" in fuelling hatred against the persecuted Rohingya minority in Myanmar.

Molly Scott Cato, a European politician who helped fellow lawmakers grill Facebook CEO Mark Zuckerberg at a Brussels hearing in May, told Business Insider at the time: "He's totally out of his depth — he talks about setting Facebook up in college with this homey story and I'm, like, 'Christ, this guy has the fate of European democracy in his hands and he doesn't know what to do.'"

Hannigan's criticism was prompted by the release of a cache of internal Facebook documents by UK Parliament on Wednesday, which appeared to show the internal deliberations of Facebook around the value of user data, discussions about violating their privacy on Android, and squashing competitors. The documents are part of a legal case against Facebook brought by developer Six4Three in the US.

But Facebook said the documents are misleading without context. A spokesman said on Wednesday: "As we've said many times, the documents Six4Three gathered for their baseless case are only part of the story and are presented in a way that is very misleading without additional context."

You can read more about the cache of Facebook documents here.

Amazon was the subject of a "South Park" roasting on Wednesday, which portrayed CEO Jeff Bezos as a giant-brained, telepathic supervillain.

The episode, titled "Unfulfilled" after Amazon's fulfilment centers (the name it gives its warehouses), satirised reports of Amazon's working conditions, as Butters' father works inside a warehouse.

At one point a montage showed him working to "Sixteen Tonnes," a song about working in a coal mine made famous by Tennesee Ernie Ford in the 1950s.

Bezos appears as a supervillain with an enormous head who communicates telepathically. He intimidates the mayor, threatening repercussions after the town's Amazon workers go on strike.

Amazon's working conditions have been called into question by numerous reports, and on Wednesday 24 warehouse workers in New Jersey were hospitalised when an automated machine punctured a 9-ounce can of bear spray.

Do you work at Amazon? Got a tip? Contact this reporter via email at This email address is being protected from spambots. You need JavaScript enabled to view it.. You can also contact Business Insider securely via SecureDrop.

Popular and controversial YouTuber Logan Paul has joined the ranks of vloggers claiming that the video site is censoring content.

Paul appeared to buy into a theory put forward on Wednesday by fellow YouTuber Daniel "Keemstar" Keem, who suggested that YouTube was deliberately downranking videos tagged "Logan Paul."

Keemstar, who runs a gossipy, YouTube-focused news channel called DramaAlert, claimed that he posted a video featuring the words "Logan Paul" in the title and tags, and that it received fewer views than normal. The video, he claimed, did better once Paul's name was removed.

Paul wrote in reply: "i hate to say this & i mean i REALLY hate to say this but i think these are facts, pls love me again @YouTube."

Here's the exchange on Twitter:

YouTube said the site doesn't downrank videos based on specific creators or words.

And there are reasons to take Keemstar's claims with a pinch of salt.

He has proven to be an unreliable source in the past. In 2016, he falsely accused an elderly online gamer of being a paedophile. Despite a retraction from Keemstar, the elderly gamer received death threats and online harassment thanks to the false accusation.

Read more: KSI and Logan Paul probably generated up to $11 million with their YouTube boxing match

And YouTube rarely, if ever, "censors" individuals' channels without publicly flagging it. The company openly disclosed that it was terminating conspiracy channel InfoWars, for example.

And while YouTube has punished Logan Paul in the past due to his controversial content, it has been open in explaining why.

Paul made headlines at the beginning of this year for posting a video of himself wandering through a so-called "suicide forest" in Japan and stumbling across a dead body.

YouTube dropped him from its preferred ads programme, which gives advertisers access to the top YouTube channels, and delayed the release of his Originals film on the video site. It switched ads back on in February. The site also temporarily suspended Paul because of his continued "pattern of behaviour" in his videos, such as tasering dead rats, and published its decision on Twitter.

None of the above actually got him booted from the site, and Paul's Originals film — a sci-fi movie — appeared on his channel in October this year.

Meanwhile, Forbes has just ranked Logan Paul 10th on its annual list of the wealthiest YouTubers, pegging his 2018 earnings at $14.8 million, mostly thanks to merchandise purchases from fans. It was an increase on his earnings of $12.5 million in 2017.