>> Narrator: Live from Orlando, Florida, it's theCUBE covering Grace Hopper Celebration of Women in Computing brought to you by SiliconANGLE Media. >> Welcome back to theCUBE's coverage of the Grace Hopper conference here in Orlando, Florida. I'm your host, Rebecca Knight, along with my cohost, Jeff Frick. We are joined by Yasmine Mustafa. She is the founder of ROAR. Thanks so much for joining us. >> Thank you. >> So ROAR is a self-defense wearable technology for women. Tell our viewers a little bit more about the technology and also really where you got the idea. >> Sure, I got the idea about four years ago. I decided to do something a little bit crazy. I got rid of all my possessions. I got rid of my apartment. I put a backpack on, and I booked a solo trip to South America for six months, and I did it for two reasons. The first reason is refugee, and when I came here, even though I was brought here when I was 15 applying for colleges, I actually found out I was undocumented, so I spent about 10 years working under the table trying to become legalized, and it was a very long, hard battle. It was very difficult to go to school and get a real job, and once I became a US citizen which happened five years ago, I was also able to sell my first company. I had a software company before ROAR. And after those two events, I said, "You know what, I'm 30 years old. "I deserve a break. "I've had a long journey. "I'm going to go celebrate." >> Jeff: Start another long journey. (laughs) >> Yeah, exactly. (laughing) I wanted to travel for so long and I couldn't 'cause when you're undocumented, it's really-- >> Hard to get back into the country. >> And you don't have the right credentials and even after I got my Green Card, I could. You can travel after getting your Green Card but I was so worried that I wouldn't be able to come back 'cause I've heard stories that I intentionally didn't, and so I booked this six-month trip as a way to reward myself and as a way to kind of make up for everything that had happened beforehand, and it was amazing trip. It was really life-changing. When I talk about it, I talk about my life in relation to before the trip and after the trip because it was so transformational, and I went to Spanish school for three weeks, did full Spanish immersions, stayed with a Spanish family in Ecuador, and then I went to Colombia and Argentina, Chile, Bolivia, Peru. I spent a month in each country but as incredible as it was, it was also incredibly eye-opening because everywhere that I went and visited, I just kept hearing story after story of a time a woman had been attacked or abused or harassed, and it really opened my eyes to the violence women face every day, and a week after I came back to Philadelphia, it was in a downtown, when my neighbor went out to her car. It's a horrible story. She was grabbed from behind. she was dragged into an alley. She was severely assaulted, brutally assaulted. When I saw the news story the next day, that was when the light bulb moment hit, and I called up my cofounder, my formal adviser of my last company and told him about it, Anthony Gold, and we ended together to start ROAR for Good, and the concept initially was completely different. We thought the problem was that existing self-defense tools, pepper sprays, tasers was that you have to pull them out of your pocket or your purse for them to be useful, and it's not like you could just be like, "Excuse me. "One second," (laughing) and dig it out, so we thought let's make it wearable so that it's readily accessible. This is when Fitbit was huge, and the initial idea was actually called the macelet, mace in a bracelet, and (laughs) exactly, and as clever as that name was, we found out through market research that it was actually a terrible idea, that the number one fear that women had of self-defense tools is, "I'm afraid I'm going to be overpowered, and my own self-defense device used as a weapon against me," and another one, "What if I use it against myself accidentally?" And when we did more research, we found that existing self-defense tools are actually made by men for other men, and when the market opportunity for women came about, they shrunk it, they shrinked it and pinked it, and they didn't really account for women's needs, so we went back to the drawing board, and we said, "All right, we need to make something "that's stylish but discreet, "something that can call for help, "something that can ward off an attack, "and something that cannot be used "against the person wearing it", and that's how we came up with Athena. >> So do you have one that you can show are yours, what it looks like? >> I do, I do, yes. >> This is what it looks like. >> How it works, okay. >> So it has a magnetic band. Initially it was actually a bracelet, and when we were doing self-defense classes with prototypes, we actually found out the worst place to wear a safety device is on your wrist, and can you guess why? >> Somebody grabs your wrist, grabs your arm, right? >> Exactly, or now you only have the opposite hand to activate it, so we said, "No, we need to make something "that's more readily accessible "where both hands can be free," so we designed it with this magnetic strip so that you can clip it on any which way you want. The most popular options we've seen are purse, pocket bra strap, or lapel, and the way it works is if you feel nervous, if you want someone to watch over you, you triple press the button, and it sends your coordinates to your family and friends showing exactly where you are, and if there is danger, if you really need help right away, you press and hold it for three seconds, and it will also sound an alarm, and in about seven rings, you'll also be able to call emergency number, the local PSAP, 911 center in your neighborhood. >> Wow. >> It's such a great concept. As are so many great inventions are, it's really assembling a bunch of components that already exist, your cellphone, an app on your phone, your network of your contacts, the GPS in your phone, and assembling it in a slightly different way for a very specific application. >> Everything that's commonplace, it's in the device. There's nothing proprietary about it. It's just the way that we put it together. Again, we took existing technology and put it together in a way and tested it to make sure that it's something that can work, and we worked with police officers and self-defense instructors to put it together, which is really eye-opening as well. >> And the other part, if you can explore, it's a different way to interact with 911 so if it is an emergency, you're not picking up the phone, you're not talking but according to your website, it's faster, in a lot of ways, it's more efficient. There's a lot of benefits to a not phone call connection with what traditionally has been the way you ask for help, and how did getting that through, is that a regulatory thing? How did that whole process work? >> That's a great question. It's something that we probably spent about a year working on, and we actually have a partner that does it for us, so this partner, what's really cool about them is that they have a relationship with all 500 PSAPs, so a PSAP is just your local 911 center in your area, and our service is going to be able to to leverage their partnership to be able to connect with all of them. The way their system works is they can actually better track you through their service than your normal cellphone can, which is also really cool, and if you're my emergency contacts and I press this button 'cause I can't call 911 and you're in Orlando, I'm in Philadelphia, it will actually route you to the PSAP in my neighborhood versus your local PSAP so then it saves the time in terms of calling the Orlando PSAP and then having them call the Philadelphia PSAP and then finding me, so we're really, really excited about this opportunity. >> So apart from the technology, I want to talk to you a little bit about funding. Funding is one of the greatest barriers that really, all technologists but in particular, women founders face. Can you describe a little bit about how you went about finding sources of money? You already sold a company by then so you'd already been successful. >> Yes. >> But what about people without the track record? What would you say? >> Sure. I'd love to touch on the social mission aspect at some point too if you don't mind. For funding, I'm very lucky in the sense that my cofounder, he's also founded several companies in the past and fundraising is his thing, so he's been the one to lead it but what we did initially, so we spent about 18 months in product development, and we did a lot of testing, I mean really awkward, we put ourselves in really awkward situations where we went to parks and coffee shops, and showed people this and said, "Why would you not use this? "Tell me why you don't like this," and then we went back to the drawing board and did it again and again, and then we got to the point where people said, "Yeah, I want this. "I want this for my mom. "I want this for my child. "I want this for my college student." But there is a world of difference between, say, yeah, I want it versus buying it, so what we did initially is we actually launched a crowdfunding campaign. We launched an Indiegogo campaign, and for us, it was really a way to test if we really had, we were onto something. We initially had the goal of $40,000. The results really blew us away. We hit that $40,000 goal within the second day, got to 100 by the 10th day, 100,000, and then we ended the campaign with a little bit over 300,000 funding, and that really allowed us to do our seat stage round, and we were lucky from the sense we have a really interesting story. There is a billionaire couple in the UK that found out about us through the campaign after it took off. We had sales in every state in the country, 50 countries worldwide. Ashton Kutcher tweeted about it. It was amazing. It went viral for a little bit, which was incredible, but they learned about it, and then reached out to Indiegogo and said, "We want to meet this team, the company behind this team," and we connected with them, and they immediately put $2 million into the company. We went and met with them in Chicago after they came over, and within three days, we had the money in our bank account, so we got a little bit lucky but having that crowdfunding campaign, the success as validation really helped us to be able to raise that additional funding, and then we went to Ben Franklin Technology Partners, and they put in $250,000, our local economic resource center that does matching, and that's how we raised our initial seed to growth. >> And you mentioned the social mission piece so I want you to tell our viewers a little bit more. >> Yeah, so I, for a long tIme, lived in fear, so being undocumented, not really knowing what could happen, and I'm actually giving a talk tomorrow about my whole journey, and learning about women living in fear in another different way while traveling throughout South America. I didn't want to build a company that just built products and sold them to women that just put the onus on women 'cause it's too common for us to say were you drinking when something happens or don't do, don't wear this, don't go here, and we wanted to change that narrative, hence, the ROAR for Good aspect, and what we found after talking with psychologists and researchers is that violence against women stems from gender discrimination and inequality, and that there is one trait, if taught to young kids when they're most impressionable, can actually reduce violence against women, and that's empathy, and that empathy has actually decreased 40% over the last 20 years, and there is a controversy on whether or not it's something that's learned or innate but wherever you fall in that category, there is no denying that it is falling regardless, so we invest, we have what we call a ROAR Back program, which is we invest a portion of proceeds of every sale to nonprofits that specifically focus on teaching respect and healthy relationships to young kids when it matters most. >> Yasmine, thank you so much for joining us. >> Thank you. >> It's a really exciting technology. Thank you. >> Hopefully we'll see you at Philly. We got to have a Philly show. >> Come to Philly, please. >> So you got Josh as a buddy so-- >> Yes. >> Come on, Josh. We got to have us some Philly. (laughing) >> I'm Rebecca Knight with Jeff Frick. We will have more from Grace Hopper just after this. (light music)

>> from Bahrain. It's the Q covering AWS Public sector Bahrain brought to you by Amazon Web service is >> Okay Welcome back, everyone to the cube coverage We are hearing by rain for a W s summit where cloud computing is changing the games. The Fintech panel discussion Yasmine el Sharif, head of Fintech Innovation Unit, Central Bank of Rain Thank you for joining >> us. Thank you for having me >> Elmo Yacht. Whose founder and CEO of Ammonia Technologies Thank you for coming on. Thank you for having so We're very robust Conversation before they turn on the cameras Fit in tech is hot. I'll see in global fintech Everyone knows what that is, but it's interesting because entrepreneurship and innovation is not just for start ups. It's for countries and hearing by rain, this ecosystem and the mandate to go cloud first has had a ripple effect. We were talking about open banking, mandate, open banking versus regulation, chasing innovation, holding it back. You guys here taking a different approach. Take a minute to explain the philosophy. >> Yeah, I think there's there's benefits to being late adopters to the game. I think in the case of behind it's been a very interesting journey. I think the we started with the whole AWS. But if you look at the prerequisites of technical adoption and creating Data Pool's for analytics to run on, I think the what's interesting about Bahrain is it's really led by regulation. If you look at the prerequisites of creating a digital economy, what's happening in financial service is, or the digitization or openness of financial service. Is it really one context off the bigger picture of Bahrain's digitization plan or the economic strategy? And really, what happens here is if you look at first built the data fools and or the data centers bring a W. A s in and create the data centers. Number two is creator data or cloud First policy. Move the entire government onto the cloud and then give the ownership of the data to the people by implementing the Bahrain personal data protection laws. Once you've done that, then you've given the ownership to the people and you've created what we have is we started with a unique identifies. So the citizens of the country or the residents of the country have a unique identify our number where they're known by once you've done that and then you start mandating certain sectors to open up with a P I integrations. You're creating a very, very interesting value proposition. It creates a much faster you leap frog, a generation of technology. You're going from the classic screen scraping technologies or whatever to a very a completely open infrastructure and open a P I. Where things air cryptographic Lee signed. People are in control of their data, people can control the mobility of their date, and you're really creating a very robust data pool for a lot of algorithms to sit on. >> You know what I love about this has me were talking before he came on cameras that you guys are thinking holistically as a knocking operating system is being in a geek that I am. I love that. But it's not just one thing you're doing, it's a it's a system and it's it's a modernization view. Now we all know that financial systems, power economies and fin tech innovation unit, but you're in. This is important. You gotta have that. That leg of the stool, that pillar that's working absolutely sandbox. You have technology mechanisms to roll in tech, move things quickly moving fast. What's the strategy? What if some of the key things What's the sandbox? >> Let me start by saying The Kingdom of Bahrain has always been considered as a centre of excellence as a financial centre of excellence. And we do realize at the Central Bank in order for us to maintain that position, we have to innovate. We have to remain dynamic and agile enough to make the necessary reforms within our regulations to meet the dynamics off the digital economy. Technology is changing the paradigm off the financial system on the changes happening extremely fast. Regulators have had to come up with a mechanism whereby they can harness and test the feasibility of these innovations whilst putting the risks in a controlled environments as regulators were not typically assigned to host incubators to host startups. However, because of all this change in technology, it has become extremely essential that we come up with a regulatory approach to enable startups as well as existing financial institutions to test out their innovative financial solutions in a controlled environment. So a sandbox is really a controlled live bounds time bounds environment, enabling startups as well as existing financial institutions to test out their innovative solutions under the strict supervision off the regulator, without being required to abide by full regulatory requirements directly with volunteer customers. >> You have to put this trick standards now but means sandboxes. What developers? No, it's a collaborative approach, absolutely not being an incubator. But you're setting up a rules of engagement, Senator startups to take what they know how to do >> exactly >> end up sandboxes in the cloud. That's what everyone does >> absolutely, and our journey with the sandbox has been very successful. We've launched our sandbox back in 2000 and 17. Up to date, we have 35 companies that have been admitted into the sun box. We have been able to graduate to companies successfully. One of them has been licensed as a crypto acid provider, the other as an open biking service provider. We have four other companies in the pipeline ready to graduates. I think all in all, our experience with Sun Box has enabled us to grow and develop his regulators. It has enabled us to maintain open communication with animators, to come tea, to learn the needs of innovators and to enable innovators to live, get familiar realized. With the regulatory environment of the Kingdom of Bahrain, >> you know, you guys are doing some really pioneering work. I wouldn't want to say it's really commendable. I know it's fast and new, but if you look at the United States with Facebook there now asking to be regulated regulation if it comes too late is bad because you know things got out of control and if you're too early, you can put a clamp down and stifle innovation. So the balance between regulation and innovation has always been an art, if you will. >> Exactly. >> What do you guys, How do you view that? What's the philosophy? >> So from a regular perspective, we think that regulation and innovation goes hand in hand, and we have to embrace innovation open heartedly. However, having said that, regulators have to run all common sense checks, meaning that we don't accept an innovation that will potentially pulls more harm to the financial stability of the economy as opposed to the advantages that puzzles. We've passed the number of different regulations to support innovation in the financial services sector dating back to 2014 when we first issued our payment service provider licenses allowing more competition and innovation within the payments sector. We've issued CROWDFUNDING regulations. We've issued robo advisory regulations. We've issued insurance aggregator regulations, crypto asset service provider regulations, open banking regulations, Justin in a few. And I think that each of the regulations that we have issued solves a specific pain point, whether it's to enhance financial inclusion, whether it's to empower customers by retaining ownership back, uh, of their financial information and data, Whether it's too also empower startups and to enable them to get it gain access to funding through digital platforms. >> Have dual. I want to get you in here because as an entrepreneur, like I love all that great, I just wanna get funded. I want my product to market. I need a capital market that's going to be robust. And I need to have that's capital providers state venture capital for private equity supporting their limited partners. So I want to see that I don't wanna be standing there when I need gas for my car. I need fuel. I got to get to the next level. This is what I want And he bought >> on. I think, the one thing John that is very important that people look at in the context of fintech today. Raising money investing into fintech Regulatory uncertainty is one that defines scalability today. Once your technology is proven, where you go next really is dependent on the regulator that you'll be dealing with in the context of that specific activity that you'll be performing. In the case of Bahrain, I must say we were blown away by the receptiveness. We in what way? Yes, yes, mean mentioned open banking, for example. We got into the regulatory sandbox, which you hear a lot about sandboxes all around the world. We got into the sandbox. We got into the sandbox with contact with with with an idea of building and accounts aggregator direct FBI integration to these banks. And we got into the sandbox. We There were no regulations at the time. They like the idea. We started bouncing ideas back and forth on how to develop it. We developed the technology. We started piloting the technology. We integrated to 15 banks in the country on a sandbox environment. The consul, the white paper on open banking, was listed. They sent it out for consultation. We integrated on a production environment to more than 70% of the banks in it in the country. The central Bank of Bahrain mandated open banking across the entire nation. With every retail bank all in a period of less than 18 months. That's insane. That's the kind of context. So as a no Vester exactly so as an investor or as an entrepreneur that looks at the sector. The question is here. If anything, I think the regulator in Bahrain is the one that's leading the innovation and these air the benefits of being late adopters. We get to test out and see what's going on in the rest of the world and really develop great regulations that will embrace and and foster innovation. >> You know, I love the liquidity conversation because this neck goes to the next level. Liquidity is a wonderful thing started. Wanna go public? If that's what happens in the U. S. Mergers and acquisitions, we have an incubator that we're gonna interview here flat Six labs just had to come. One of their companies got sold to match dot com. So you're seeing a lot of cross border liquidity. Yeah, this is a new dynamic. It's only gonna get stronger, more come. He's gonna come out of my reign in the region. Liquid is important. Absent. So how do you guys want to foster that? What's the strategy? Continue to do the same. >> So from a regular perspective again, we don't really holds. Thank you. Beaters are actually two accelerators, but what we do as we refined our regulations to support startups to gain access to liquidity, for example, are crowdfunding regulations that have been passed in 2017 and they support both. Equity is one of financing crowdfunding, including conventional as well as Sharia compliant. Crowdfunding transactions were also currently working on refining our regulations for enabling venture capitalists to take roots and marine and to support these startups. >> Yeah, I think John, you mentioned two things you mentioned regulation leading. When you mandate something like open banking, you are ultimately pushing the entire sector forward, saying you better innovators fastest possible. And there's a gap that you need to you need to basically bridge, and that really loosens up a lot of liquidity when it comes to partnerships. When it comes to acquisitions, when it comes to these banks ultimately looking for better solutions, so they that's the role of the regulator. Here we are seeing a lot of VC activity come to the region right now, the region is only starting to open up. AWS just went live a few months ago. We're seeing the cloud adoption start to really take effect, and this is where you'll start seeing real scalability. But I think the most compelling thing here is Previously people would look at the Middle East with a boot with a bit of skepticism. How much innovation can really take place and the reality is here. There are a few prerequisites that have been put in place. Foreign ownership is at 100% cloud. First policy. There's a lot of things that can really foster innovation. And we're, I mean, where as an entrepreneur, where living proof off this whole Team Bahrain initiative of the fact that you can get in you can build in accounts aggregator in a country that never even had the regulations to adopted to mandate it and to be Ultimately, I think Bahrain will become the global reference point for open banking very soon because it has mandated a regulation of open AP eyes with cryptographic signatures ultimate security frameworks with a robust infrastructure across an entire nation. And don't forget, we still have a population of below the age of 30 70% of our population below. So it gives a very compelling story t test your technology. And then what we end up saying is, once you're on AWS or any cloud for that matter than the scalability of the technology just depends on where you want to go in there. >> No doubt the demographics are solid here, and I love the announcement here. The bachelor's degree. Yeah, cloud computing. We've seen some data science degrees, so new skills are coming on. My vision is interesting. I think that would interest me about the region of Amazon. Being here is these regions create revitalisation? >> Yeah, you >> guys are in perfect position with this Modernization trend is beautiful, not only to be a template for the world but a center for global banking. So I think to me, is that, you know is I'm trying to put together and connect the dots of where this goes in the next two decades. I mean, if crypto currency market continues to get matured and stabilized, that's still flowing with a lot of money. A lot of money in the relay >> absolutely >> was not just the region business to do here for couples to come here. It's you guys playing a role in global financial system. That's of interest to me. What's your vision? >> Absolutely. I think that regulators around the world are starting to realize the importance of collaborating together, to try and work on policy challenges in line with innovation within the financial service of sector and to share experiences to share lessons learned at the Central Bank of Bahrain were a member of the Global Financial Innovation Network, which is an initiative that has Bean passed by the F C A in the UK Again, we're also a member of the authentic working group of the GCC and through these two different initiatives, we work alongside other regulators to collaborate on solving policy issues, to solve, to share experiences and knowledge and to try and harmonize our regulations. Because of the end of the day, startups and innovators ultimately will want to scale up and want to serve customers across the friend jurisdictions. So it's important to have that kind of harmonization in terms of regulations to foster innovation as well as to safeguard the overall security of the international financial. Um, >> keep partnerships. Do you guys need to do to kind of go global on this 20 year vision? Is there other things they have to fall into place? That needs to happen? >> I think >> 20 years is a long time, I say in the next. Let's take five years, for example. If you say in the next five years and where I see this going, the question is, what do entrepreneurs and startups need to look at a jurisdiction and say That's where I want to test my technology. You need a robust infrastructure. You need a regulator than embraces you. You need technical subsidies and financial subsidies that are available, and then you need an independent arm that can really hand hold you and take you to that >> thrust. Its critical trust, money making absolutely ability. >> Just add to that and Byron, we take great pride in our human capital, which we believe is one of our biggest assets. And today, with having your Amazon web service is in Bahrain, this has enabled training of young Bahrainis for the data and knowledge economies which is expected Thio greet around 5000 jobs within becoming five years through different schemes such as Amazon education. For example. >> This is super exciting, which we had more time. Congratulations. Love the vision again. Occupiers like to make money. They wanted environments could be trustworthy and some scalability on behind it. So good luck. We're behind you. We'll keep following up. Thanks for having a cube coverage here and by rain for AWS. I'm John Ferrier. Stay tuned for more after this short break.

>> Announcer: Live from Orlando, Florida, it's theCUBE covering Grace Hopper Celebration of Women in Computing. Brought to you by SiliconANGLE Media. >> Welcome back to theCUBE's coverage of the Grace Hopper Conference in Orlando, Florida. I'm your host, Rebecca Knight. We're joined by Morgan Berman. She is the founder and CEO of MilkCrate, a platform that measures and grows social and environmental impact. Thanks so much for joining us. >> Thanks for having me. >> So I want to, start off by telling us a little bit about MilkCrate. >> Sure. So we're a tech company. We got our start about four years ago. We've grown and changed a lot in that time, but what we really focus on doing is helping big organizations either for- or non-profit, engage people in social and environmental impact in a game app. And we build custom versions of this app based on the goals of each client. So whether it's a big company that wants to engage employees in volunteering and riding a bike to work, or a nonprofit that has kids that they're trying to get to go to art museums, and encourage them to go more often, we can gamify both of those behaviors in unique apps and then those clients have their own engagement experience for hitting those goals. >> Well, that's a really neat idea. Tell me how you came up with it. >> Well, like I said, it's changed and grown over time. Originally it was my own personal desire to grow my impact in the world. I grew up in this kind of crunchy, kind of wonderful bubble, I guess, where my mom would only buy food from the farmer's market, she was actually a farm-to-table chef, one of the first female chefs in Philly. She wrote books rating and reviewing thrift shopping, so I grew up with like fresh local food, thrift shopping, there was a community garden behind us. >> She was a hipster before her time. >> Exactly, my mom's like the original hipster. And my dad was also an entrepreneur. So when I moved to West Philadelphia, which is like the crunchiest part of the city by far, I was trying to figure out how to ride a bike in the city for the first time, and how do you compost with worms when you live in an apartment and you don't have a backyard. Where's my nearest food co-op so I can start feeding myself this way? And my interest grew and grew as I started learning about things like climate change. And I went to a Bill McKibben talk about fossil fuel divestment, and there were these children in Haiti holding a sign that said Connect The Dots Your Actions Affect Me. And it really hit home how my privilege as this western world person with this degree and all of these things that most people don't have that every choice I made about my life was having a direct impact on someone on the other side of the world, or often not even that far from me. And so I wanted to figure out how to live my life in a way that my values weren't conflicting with my actions. So I applied for graduate school in sustainable design to originally, the idea was to help design sustainable buildings but I quickly learned that even though I had this degree, architects weren't going to take me seriously. And so I pivoted and took all my extra-curriculars in Industrial Design and Interactive Media. And I had the head of the department for Interactive Media actually helping me with the first mock-ups of MilkCrate, which was all about designing an app to help people live their values, particularly around sustainability. And then, after a few years of learning and growing, we actually, Forbes picked us to be one of the five companies on the Forbes Under 30 stage and that catapulted us onto this path of suddenly going from a school project to a startup company that needed to raise money and have a business model. And I was like, what's a business model? So after about two years of learning and growing, we realized that there's this opportunity with big corporations to engage employees in sustainability and that there was a pain point on this enterprise level that we could solve, and yeah. >> And what was this pain point? I mean, I think that's the thing is we can all say it's great for companies to get their employees to ride more bikes and to start a recycling program-- >> But why do they care? >> Yeah! >> And that's what investors would always ask, and I'd be like, ugh! And I had to learn the answer! And the answer is 75% of the S&P 500 issues a CSR Sustainability Report every year, and that has grown exponentially over the last few years. And the reason they do that is because employees want to work for a company that's making a difference. 45% of millennials would take a 15% cut or more in their salary to work for a company that makes a difference in the world. The reason that B Corps are growing exponentially around the world, all of these things, of business is a force for good in the world, it's the norm now. Whether you realize it or not, that's what's driving people to work for a company, to stay for a company, for customers to buy a product from a company. That's how people are starting to make their important life choices. And so now companies invest in having a Corporate Social Responsibility, not only a director, but a whole department. And they're, what we learned when we were researching how to figure out this whole business model was that CSR directors, their top three pain points are engaging employees, tracking and analytics, and having a scalable, cost-effective program across the whole company. So we realized our product could do all three of those things, and I was like, oh, I think that's a business model, when you solve the major pain points for an important corporate role in the world. So that's how we started moving in that direction and we started getting validation, and then we realized we also could work with nonprofits when they started reaching out. And so now we're kind of filling both of those needs that are a little bit different. >> So you're gamifying, making it into a game, making it fun for employees, or clients or customers or whoever the target audience is. So what kind of rewards are they getting for this? How do you light up their bulbs? >> I'm actually giving a lecture on this at Warden on Monday, so it's top of mind. You've got intrinsic and extrinsic motivation, right? There are the things that you do because they make you feel like you're being your authentic self, where you're expressing your values and that lights up your brain in a way that nothing else ever will. Then you have your external, extrinsic motivations, things like prizes, but also social acknowledgement. Seeing that you are functioning the way your peers are, that sense of I am not alone, or I am normal, that's a really important validation as a human. So seeing that you're in the top 10 or that you're above average, that feels good. So we have things like your rank and how you're doing on your team and how your team's doing in comparison to other teams in your MilkCrate community. And then there's the actual rewards. So university clients of ours have given tickets to sporting events, or credit to the bookstore. Corporate clients, gift certificates to local, sustainable restaurants and coffee shops near the headquarters. We're actually now partnering with an amazing B Corp company, United By Blue, that has ethically made and environmentally thoughtful products like mugs and candles and things like that. So, it depends on the client what their goals are, what their budget is, what motivates those people. But it really, the beginning part, when you first download the app, the first couple of challenges are things like answer this question about how important is to you to live your values? So you get them thinking in that mindset about why they're using this app. >> Priming them to-- >> Priming them, exactly! Getting them in that headspace. That's the most important thing you can do in the beginning is just to help them understand why they're using this, and then the rewards are almost, they're a distant second. >> Okay, okay. So you've also, you are a B Corp, and are there many other B Corps here at Grace Hopper? I mean, what's your experience there? As you said, it is now the norm that the business is functioning this way. But B Corps are still a minority, relatively speaking. >> Right, there's a lot of room for growth there, yeah. I think having the CSR report is the norm, but doing everything you possibly can, there's still a lot of room in that department. One thing I saw that I loved was that instead of giving out swag, Facebook was actually donating money to nonprofits that help women code. I was like, that's great! So I haven't seen any B Corps here that I've, yeah, I don't think I've seen other than ROAR For Good-- >> Which we had on the show earlier. >> Yes, so Yasmine and I are definitely two Philly B Corps. I would love to see more tech companies go in that direction but yeah, there's a lot more growth that needs to happen. There are about, I think, I actually just got to meet one of the other founders of B Lab that does B Corp certification. He gave a great presentation answering in more detail why do companies do this? It was amazing how many stats he had. It was like yes! But 2,300 for B Corps and I think something like 16,000 benefit corporations. So they're slightly different things, but it's a growing movement for sure. >> So talk a little bit about your experience at this Grace Hopper Conference. It's day one, we're near the end of day one. How would you describe the energy, the atmosphere, what's your feeling about being here in Orlando? >> So I've heard over and over again people saying it's just so good to be in a room full of women who are all doing awesome things. And it keeps reminding me of when I went and saw Wonder Woman with my parents. And I remember sitting in the theater and going like this and being like oh, my cheeks are wet. Oh, I think I'm crying. Oh, I think I'm having feelings. I think it's because I've literally never seen on a screen several dozen, or hundreds of women just being powerful, physical beings with like, aggression and skill, and it having nothing to do with sexuality or being attractive. And it was just the first time I'd seen that in my 32 years of existence. And to just, there's something so powerful about having that icon, that image reflected back at you to see, oh, if you can do that, I can do that. And actually, over the last 13 months, I've been training in Brazilian jujitsu and competing, and to see women being physical, strong warriors, and only women, and it not being sexualized, it was like oh, that's the feeling I get when I compete, and when I'm with my teammates, my female teammates. Anyways, I think that's kind of what's happening here is that sense of like, these are my people, and we are doing amazing things, and to just see each other when historically, you never got to see a room like this. I think it's an unfortunately necessary experience to be reminded that we are out there, we are doing this, and it's growing. >> And there is a sisterhood and the belonging that we talked about earlier, too. >> I mean, you see men who don't seem particularly uncomfortable here. They can kind of, they're like okay with this. And they get to kind of know what it's like to be in the minority. And I kind of want to ask them, how are you feeling? What's this like for you? But like, to see everyone flipping the ratio and we're all good, so that means if we could get somewhere more like parity I think that could be pretty magical. >> So as a female founder, a female technologist, what is your advice for the younger versions of you who maybe are just graduating from college, or maybe even younger than that and sort of wondering, can I even do that? Can I aspire to be that? >> You absolutely can. And I gave some advice at the end of my session earlier. And my two bits of advice were detach yourself from any negative association with the word Failure. Try and come up with a new word for yourself if you need to because learning and growing is what you're going to do your whole life, and so taking risks, that's what you need to be doing every single day. And so pushing against those things that scare you. And the second thing was to find a mentor, because no one piece of advice I can give is ever going to fill the role that having a mentor can give you over the course of a career, or even just for a few years. The amount that I've grown in just the last four years of building my company with some of my mentors, it's incredible. So, find someone who reminds you of who you want to be, and then latch on to them and get them to help kind of carry you along. >> Great. Well, Morgan, it's been so fun talking to you. >> Thank you, this has been great. >> Thanks for joining us. >> I'm Rebecca Knight, we'll have more from the Grace Hopper Conference in Orlando just after this. (rippling music)

>> Announcer: Live, from Orlando, Florida, it's theCube, covering Grace Hopper Celebration of Women in Computing. Brought to you by SiliconAngle Media. >> Welcome back to theCube's coverage of Grace Hopper Conference here in Orlando, Florida, I'm your host, Rebecca Knight. We have a great panel here today, we have three guests. We have Hilary Burns and Caroline Lester, both Reporting Fellows for the GroundTruth Project, and Tori Bedford, who is a Field Producer for the GroundTruth Project. It's great to have you guys on here. >> Thank you for having us. >> Thank you. >> So, I'll start with you, Tori, since you were a reporting fellow last year at the Grace Hopper Conference, tell our viewers what the GroundTruth Project is, and what your mission is. >> So, the GroundTruth Project is a non-profit based in Boston and it hopes to encourage young journalists and earlier-career journalists all around the world. So there is a series of fellowships going on, pretty much at all times. Different projects, there's one going across America right now that's looking at, it's called Crossing the Divide, it's looking at divides in America. It's a very divisive time for American politics so they're doing stories about that. And, obviously, we are re-upping our women in tech, women in leadership fellowship this year which we're really excited about. >> And so, each of you are working on your own, individual stories and then you will get back to Boston and produce. So, Hilary, let's hear from you, what are you working on here, what's your topic? >> Sure, so most of my time spend at the Grace Hopper Celebration so far has been spent talking with student about their career aspirations, any barriers they foresee, coming across any concerns they have about entering a male-dominated industry. And it's really been fascinating hearing their stories, some of them are international students, others are from universities all over the world and including Canada and the U.S. So, it's been very inspirational to hear. >> So, but here the ones that are aspiring to careers in technology and they're here at Grace Hopper, but there must be other ones who are too discouraged so they're not here. Are you also getting that angle, too? >> Well, I think it's important for that group of women to see these women who do feel empowered and are, a lot of them use phrases like, "We are making a difference in the gender gap "and if I don't do it, who else will do it?" So, I think it's important for all aspiring technologists to hear these women's stories. >> Are they discouraged, though? Because the headlines are bleak, I mean, we know that it's the numbers, but it's also the Google manifesto, it's the shenanigans of Travis Kalanick and people like him in Silicon Valley. What do they make of that? >> It's interesting, all of them are very intelligent, very aware of what's going on in the world. I've heard a mixed bag of responses from, "I try not to "read too much because I don't want to go in expecting "and having my own biases, I want to see for myself." Others are saying, "Yeah, I am nervous and I want to see "more women creating a path that I can then follow." So, I think there are a lot of people that are optimistically optimistic about their future. >> Cautiously optimistic. >> Thank you. Thank you for correcting me. (laughs) But, it's been interesting to hear all the different perspectives. >> Great, Caroline, how about you, what are you working on? >> Yeah, so, I am personally interested in the more personal stories of some of these women speaking at the conference. I've talked to the four really, wonderful, inspirational women. So, one of my favorites, I've just published a story on her, Chieko Asakawa, who is an IBM Fellow which is the highest honor you can receive at IBM. And she went blind at the age of 11, and has spent her life programming and creating programs and tools to help the blind access the world that is pretty hard to navigate if you don't have eyesight. So, she is super inspirational, super smart, super funny. So, it was a pleasure talking with her. And then I'm talking with three other women, Yasmine Mustafa, who started something called Roar for Good. >> Rebecca: We've had her on the show. >> Oh, you did? >> Yeah. >> Wonderful, great. So, she's fantastic, I'm really glad you covered her. And then another woman named Sarah Echohawk, who, sort of, is an advocate, an activist and is getting more and young, native women involved in STEM. And then, finally, I'll be talking with Stephanie Lampkin of Blendoor, who started this wonderful app to try and overcome the implicit bias, and unconscious bias that happens when people are hiring women or people of color in recruiting for them. >> So she's starting this app that she will then sell to companies, or sell to other recruiters? >> So, she's already started it and she has a lot of major tech companies involved. I think Airbnb uses it, I want to say SalesForce uses it, you're going to have to check me on that one. But she's got about 5,000 people on it right now. >> Wow, so the goal of these stories is to inspire other women by their success. >> Exactly, so these are four radically different women coming into tech in radically different ways and it's just really incredible to see how they've managed to overcome all sorts of obstacles in their way. And not only overcome them, but, sort of, utilize them to their advantage and stake out a place for themselves in this industry. >> Great, Tori, what are the projects that you are working on here? >> So, we've been hearing a lot about diversity, diversity is so important, and we've been hearing about how increasing diversity in a company makes your company better. It just brings in more perspectives, and it also, what's really interesting is that, in tech, it can catch people who have a diverse range of perspectives, can catch problems with products, or with a code, or with something, and how it would be implemented out into the world. I caught this really interesting panel yesterday about disability and looking at how people with disabilities can make companies, specifically tech companies, can help to improve them. This woman, Jennifer Jong, who is an Accessibility Program Manager at Microsoft, she was really interesting. She was talking about how, I wrote a piece on this yesterday, she's talking about how, when you bring people in with a disability, how they can catch things that other people just don't see or wouldn't normally notice. And also how, when we create things for those with disabilities, you know, a lot of things that have been implemented by the Americans with Disabilities Act. She talked about the button that you press to go through the door, how it can also be used by people who don't have disabilities and how it's important to create things that can be used by everybody, but that have inclusion in mind. >> So, why is that true? What is her perspective on why people with disabilities have this special ways to detect blind spots? >> So, if you're creating something, there's no way that you can know how many users are going to be interacting with it, there's no way that you can predict that a person with a disability won't be using it, and so it's diversity, it's really important to bring in different perspectives. So, they had talked about a video, a really beautiful, promotional video that showed a range of visuals, it was very effective but it had no sound and a blind person wouldn't get anything out of it. And so, it's like looking at a product, you need somebody to be in the room, just like you want women and people of color and a range of ethnicities, you want diversity, you want someone to be able to say, "This isn't going to work for me, this isn't going "to work for my child, this isn't going to work "for a range of people." And that's a really effective and important thing that ultimately saves your company's bottom line, because then, you won't have to go back and change your product in the future. >> And fix it, fix it as a problem. >> Right, you'll spend more money fixing your product than you would if you had just talked about, had inclusion and diversity, if you'd just considered that from the get-go, you'll ultimately save your company more money. >> So, the question for the three of you, really, is that as you said, we hear so much about the importance of diversity and of getting a variety of perspectives, and having people of different genders, and races, and cultures feel included and having a voice at the table, I just want to know, I mean, do companies really feel this way or is that what they say at Grace Hopper because this is what makes sense to say to their target audience? >> It's totally possible that it's just a marketing ploy, it's totally possible that they're realizing that half the population makes money and can do things, and that makes more money. I mean, a lot of tech is driven by the bottom line, it's driven by financials, but in the case of the disability thing, it's like, it almost doesn't matter. It is not only the right thing to do, if you need a financial incentive, that's not good. Obviously, it's the right thing to do so you should be doing it for that reason, but if you do also have a financial incentive, that's not bad. And if we're, sort of, driving more towards empowering women and giving women a voice and allowing women to do things and taking them seriously, ultimately that's not a bad thing. >> And just to add to that, I think there is a lot of research out there today, for example, having more women on corporate boards, that that does impact the bottom line and, obviously, that's what companies are most concerned about. So, I think that companies are starting to realize that having that diversity and inclusion is good for business as well as a marketing ploy. >> And I think, I mean, just to add, I also think that, you know, whether or not this is a good thing, I think companies do realize that that is important. And they're realizing that it's necessary, I don't know, it's necessary to impact the bottom line and that is something that, whether or not we like it, it is the most convincing factor for many of these companies. >> I think it's also, when you have women moving up to positions of power, to the C-Suite, to positions of leadership, they understand that women are people with skills and they are the ones who are, you know, hiring more women, and that ultimately helps the bottom line. So, as you have more and more women moving higher and higher to the top, that's when, like when we talk about the companies changing, that's because women are changing. And they're changing the perspectives of men and everybody else in between that works at the company. >> Are women changing? I mean, I think that's a question, too, is that we're all as collectively as a society, becoming more aware that these biases exist in hiring and recruitment practices. But, I think that's the question, are women starting to change, too, the way they behave in the workplace, the way they go about managing their careers? >> I know it's changing minds, like other peoples' minds. >> That's a really interesting question, though. One student I talked to who was from India, talked about the gender discrimination she has faced. And she said she did change how she acted, she shut down all emotions, she took any emotion out of her responses because her colleagues would say, "Oh, you're a woman, "you're so emotional," and she was tired of that. So, it's an interesting question to look at. I don't know, I don't have the data in front of me but it would be interesting to look into that. >> Yeah, great, that's the next GroundTruth project. Excellent, well Hilary, Caroline, Tori, thanks so much for being on theCube, we've had great fun talking to you. >> Yes, thanks for having us. >> Thank you. >> We will have more from the Orange County Convention Center, the Grace Hopper Celebration of Women in Computing, just after this. (upbeat music)