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Ex Goldman Sachs Banker Ned Segal Named New Twitter CFO
Former Goldman and Sachs investment banker Ned Segal has been named as the new chief financial officer of Twitter. Segal worked as the CFO for patent risk management company RPX and as the senior vice president of finance at Intuit after working at Goldman and Sachs for 17 years.
Twitter has a new CFO: @nedsegal! Welcome to the flock
— jack (@jack) July 11, 2017
Speaking about his latest appointment, Ned took to Twitter and said he was excited to work with Jack Dorsey and the awesome leadership team.
Believe @Twitter has an important mission and tremendous potential; can’t wait to work w/ @jack and the awesome leadership team!
— Ned Segal (@nedsegal) July 11, 2017
CNET on Tuesday reported the move comes as an effort to renew interest in the microblogging site which still lags in terms of profitability and size when compared with rival Facebook Inc. Dorsey called Segal an ideal fit for Twitter as they work to extend positive momentum, continue growing their audience and achieve greater operating efficiency.
The company’s chief operating officer Anthony Noto was doubling as the chief financial officer since late August 2017. Twitter has been looking for a CFO since Adam Bain quit in November last year. According to CEO Jack Dorsey, Ned Segal with a track record of driving profitable growth brings a principled, engaging and rigorous approach to the CFO role.
Twitter reported a better than expected user growth in April and saw a 3% rise in shares on Monday, before the announcement. According to the securities filing, Segal is entitled to receive a signing bonus of $ 300,000 with an annual salary of $ 500,000.
Segal is also eligible to receive 794, 444 shares of Twitter common stock to vest over four years and 372, 223 performance based restricted stock units that will be vested based on hitting certain performance targets over next four fiscal years.
The financial results of Twitter for the second quarter of 2017 are scheduled to be reported on July 27. This microblogging social networking startup has never posted a net profit on a generally accepted accounting principles (GAAP) basis since its launch in 2006.
OpenAI’s introduction of trusted contact safeguards for potential self-harm cases reflects a major evolution in AI responsibility.
Beyond Moderation
AI safety is shifting from simply blocking harmful content to actively supporting user wellbeing through:
- early risk detection
- human-centered intervention
- stronger emotional safety frameworks
This positions AI as more than an information tool—it becomes part of broader digital support systems.
Key Industry Impact
Trusted contact models could influence future safety standards across:
- AI assistants
- mental health platforms
- social media
- digital health services
The Bigger Challenge
While promising, success depends on balancing:
- privacy
- consent
- ethical intervention
- user trust
Final Take
This move signals that the future of AI safety may rely not just on preventing harmful responses, but on building more responsible, human-connected support systems.
Rozana, India’s leading rural retail platform, has secured ₹290 crore ($35 million) in a Series B funding round led by Bertelsmann India Investments (BII), with participation from Omidyar Network India, Vivid Capital, and Tana Investment Holding. This Rozana funding brings its total capital to over ₹500 crore, fueling hyperlocal expansion in underserved rural markets. Founded in 2021 by brothers Prashant and Prateek Chauhan, the startup’s phygital model blends micro-stores, app-based ordering, and last-mile delivery to connect 5 million+ users in 12 states with brands like ITC and HUL.
The ₹290 crore investment will supercharge Rozana’s rural omnichannel retail strategy, targeting 5x growth in 18 months. Plans include adding 5,000 micro-stores in Uttar Pradesh, Bihar, and Rajasthan; AI-powered inventory tech; and new categories like groceries and electronics. By empowering 20,000+ rural micro-entrepreneurs, Rozana taps into India’s $700 billion rural retail boom, where smartphone penetration and UPI drive 12% annual growth.
This Rozana Series B milestone positions it as a frontrunner against rivals like Ninjacart, eyeing unicorn status by 2028 amid ONDC tailwinds. CEO Prashant Chauhan emphasized, “We’re building rural prosperity through accessible premium brands.” For more on Rozana funding news and rural retail trends, stay updated on India’s startup ecosystem.
Peak XV Partners has launched three new funds totaling $1.3 billion, targeting India’s booming startup ecosystem. The lineup features the $600M Surge fund (8th edition) for early-stage ventures, a $300M Growth Fund for Series B+ scaling, and a $400M Acceleration Fund for rapid portfolio expansion. This commitment arrives as India’s VC inflows rebound, with AI and fintech leading 2026 trends.
These funds build on Peak XV’s legacy of backing unicorns like Zomato and Pine Labs, offering founders capital plus strategic guidance amid post-winter recovery. Early-stage deals surged 20% last year per Tracxn, positioning Peak XV to fuel the next wave of innovation in SaaS, climate tech, and consumer plays.
For startups eyeing Peak XV new funds or Surge fund 2026 applications, this signals prime opportunities. Investors and marketers should watch for deployment updates India remains a global VC hotspot.
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