
Good morning, Broadsheet readers! A sex tech startup goes bust, Shalanda Young was an instrumental figure in President Joe Biden's debt deal, and women CEOs run 10.4% of the companies on this year's Fortune 500. Have a productive Monday!
- Keeping it 500. At the beginning of 2023, the Broadsheet reported on a Fortune 500 milestone: For the first time in the list's history, women ran 10% of companies on the ranking.
Today, the 2023 edition of the Fortune 500 is out, and that stat has held steady; women today run 10.4% of Fortune 500 businesses. That's 52 female chief executives in total, an 18% rise from this time last year.