Good morning, Broadsheet readers! CDC Director Mandy K. Cohen is trying to get Americans vaccinated again, Huda Beauty CEO Huda Kattan says she's willing to lose her business over support for Palestinians, and Sophia Amoruso builds her VC firm Trust Fund. Have a good Monday!
- Trust fund. Sophia Amoruso, the founder of Nasty Gal who coined the term "girlboss," is now almost a year into her latest endeavor: a venture capital firm with the tongue-in-cheek name, Trust Fund.
Amoruso announced the launch of the firm in January 2023 with plans to raise $5 million. (Unlike most funds, Trust Fund was incorporated under Rule 506(b) of the Securities Act, which allows Amoruso to raise in public and from a wider group of investors.) She decided to launch a fund after spending "way too much of [her] own money" as an angel investor.
