Nelson Chai Named Executive Chair of DailyPay

NEW YORK, Jan. 8, 2025 /PRNewswire/ -- DailyPay, a leading worktech platform powering daily opportunities for workers and their employers, today named Nelson Chai as Executive Chair of DailyPay. An accomplished executive, Mr. Chai will lead DailyPay's Board of Directors and provide strategic guidance to the organization. Mr. Chai brings a wealth of experience from leading roles at prominent companies, including most recently as the Chief Financial Officer at Uber from 2018 to 2023.

Nelson Chai, Executive Chair, DailyPay

"It's with great pleasure to have Nelson Chai join DailyPay as Executive Chair," said Stacy Greiner, Chief Executive Officer, DailyPay. "Over his extensive senior leadership across globally recognized companies, Nelson has executed many successful growth strategies and we look forward to having his valuable experience and insights at DailyPay."

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First Resonance Raises $12.5M

First Resonance, a downtown-based manufacturing startup, announced on Monday it raised $12.5 million in an extension round led by New York-based Third Prime with additional participation from firms like Century City-based Blue Bear Capital, bringing First Resonance to $32 million in funding.

The company, which was cofounded in 2020 by former engineers at SpaceX – the Hawthorne-based rocket company aiming to reduce the cost of space travel through rapid manufacturing development – is part of the hard tech manufacturing boom taking Silicon Valley by storm.

“We really do believe that the 2020s is going to see an acceleration of all this,” said Karan Talati, a cofounder and the chief executive of First Resonance. “The offshoring capitalist form of financially engineering manufacturing has basically now dried up with labor costs in places like China. Not to mention the geopolitical tensions. And, all of a sudden, there’s a demand to redistribute manufacturing globally.”

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Jon Cooper of Overalls Inc.: Evolving Leadership Strategies for a Flexible Workplace

Jon was founder and CEO of Life.io, a pioneer insurtech that successfully recast digital customer engagement for life insurance. Jon’s insurance expertise was developed during strategic roles from Chief of Staff to Strategy and Operations at TriZetto, Oliver Wyman, CodeRyte and Wellcare.

Jon dreams of teaching his family French and moving for a year to the south of France.

We are thrilled to have you join us today, welcome to ValiantCEO Magazine’s exclusive interview! Let’s start off with a little introduction. Tell our readers a bit about yourself and your company

Jon Cooper: Thank you for the opportunity to share our story with ValiantCEO! I’m Jon Cooper, Founder and CEO of Overalls Inc., where we focus on simplifying life for employees so they can stay productive and reduce stress. Some might call me a serial entrepreneur with experience in employee benefits, insurtech, and healthtech, but what I’m really passionate about is tackling life’s everyday complexities to improve well-being. After experiencing the toll of life’s challenges firsthand, Overalls LifeConcierge™ was born as a unique support solution designed to help employees navigate life’s issues and frustrations.

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8 Trends Will Redefine The Workplace And Your Career In 2025

As we move into 2025, the workplace landscape is evolving rapidly, and the challenges that employers and employees face are more dynamic than ever. Business leaders on the front lines are making predictions about the future of the workplace. Among those predictions are the death of return-to-work policies and that AI will replace full-time careers for some employees. Now, predictions are coming in about what trends will redefine the workplace in the coming year.

Eight Trends Will Redefine The Workplace In 2025

I spoke with Jon Cooper, CEO and co-founder of Overalls, a modern employee benefits offering. He looked in his crystal ball and told me by email that eight key trends will redefine the workplace and your career in the coming year.

  1. A competitive hiring landscape driven by economic growth. “As the economy strengthens, businesses will face heightened competition for top talent,” Cooper says. “This will push companies to re-imagine and expand their benefits offerings, emphasizing flexibility and inclusivity to attract and retain employees in a fiercely competitive market.”

  2. Inclusive benefits for a diverse workforce. Cooper believes the era of exclusionary, one-size-fits-all benefits is fading. “Companies will prioritize simpler, more inclusive solutions tailored to the needs of diverse teams, ensuring employees at all levels feel supported and valued,” he claims.

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Ten to Watch in 2025: Stephen Chen, Boldin

Stephen Chen wants to get financial planning into the hands of 100 million people—and working with advisors will help him get to that goal.  

He has spent the last decade growing his consumer-focused financial planning startup Boldin—previously called ‘NewRetirement.’ Almost 400,000 consumers have accessed the platform, which provides tools for analyzing their financial wellness or building personal financial plans.

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