Jul 6, 2018

Benchmark partner to retire from Snap board

Snapchat app. Photo Illustration: Thomas Trutschel/Photothek via Getty Images

Mitch Lasky, a partner at VC firm Benchmark, won't seek re-election to Snap's board of directors at its August shareholder meeting. He will likely be replaced by board nominee Poppy Thorpe, head of brand marketing at beauty company Glossier.

Why it matters: It's not uncommon for board members to leave at some point after a company has gone public, but The Information recently reported that CEO Evan Spiegel hasn't always been willing to listen to his board's advice. Snap has had a shaky time since going public — it's struggled with growth, an app redesign, and a declining stock price.

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America's funeral homes buckle under the coronavirus

Illustration: Aïda Amer/Axios

Morgues, funeral homes and cemeteries in hot spots across America cannot keep up with the staggering death toll of the coronavirus pandemic.

Why it matters: The U.S. has seen more than 10,000 deaths from the virus, and at least tens of thousands more lives are projected to be lost. The numbers are creating unprecedented bottlenecks in the funeral industry — and social distancing is changing the way the families say goodbye to their loved ones.

Navarro memos warning of mass coronavirus death circulated in January

Image from a memo to President Trump

In late January, President Trump's economic adviser Peter Navarro warned his White House colleagues the novel coronavirus could take more than half a million American lives and cost close to $6 trillion, according to memos obtained by Axios.

The state of play: By late February, Navarro was even more alarmed, and he warned his colleagues, in another memo, that up to two million Americans could die of the virus.

Go deeperArrowUpdated 2 hours ago - Health

Axios-Ipsos Coronavirus Index: The virus hits home

Data: Ipsos/Axios poll; Chart: Danielle Alberti/Axios

The share of Americans who know someone who's tested positive has more than tripled in just a few weeks, to 14%, according to the latest installment of our Axios-Ipsos Coronavirus Index.

  • It's still highest in the Northeast, but last week alone it doubled in the South — and it's becoming most pronounced among people who still must leave home to work.
Go deeperArrow2 hours ago - Health