# The 23-year-old launched her e-commerce startup app, Phia, last year.

*fintech · news · 2026-04-06 · Daily Mail Online*

## Key points

- Phoebe Gates allegedly tried to negotiate an influencer's rate below $250 for a collaboration.
- Phoebe contacted influencer Kacie Margis privately instead of booking her through Collabstr's public rates.
- Phia, Phoebe's startup, has raised $850,000 from Soma Capital, Stanford, and angel investors—not family money.
- Bill Gates confirmed he did not provide funding for Phoebe's business, despite concerns she might ask.

**Companies:** Phia
**Countries:** United States

[Read the full story on Daily Mail Online](https://www.dailymail.co.uk/lifestyle/article-15710239/bill-gates-daughter-phoebe-creator-limited-budget.html)

---

Canonical: https://newsio.io/n/c4691425-44f3-4833-b1c5-caa3a86c01da/the-23-year-old-launched-her-e-commerce-startup-app-phia-last-year
Summarized by Newsio from Daily Mail Online. https://newsio.io/how-it-works