Phoebe Gates and the contentious debate over fair pay for influencers

Frugal founders are often praised for trying to stay within budget. But when the founder happens to be the daughter of one of the world’s richest people, the expectations seem to be different. In a viral post on Thursday that has sparked a debate over fair pay for creators and the power dynamics of negotiations, a lifestyle influencer posted on X what appeared to be a screenshot of a conversation with Phoebe Gates, cofounder of AI shopping agent startup Phia, and the youngest daughter of billionaires Bill Gates and Melinda French Gates. “When a billionaire’s daughter says you’re ‘out of bud...