Tuesday, 23 March 2021

Prince Harry joins $1bn Silicon Valley startup as senior executive


Prince Harry has been offered a job by a $1bn Silicon Valley start-up, BetterUp, a firm which provides professional coaching, mental health advice and “immersive learning” as its chief impact officer.

It is the Duke’s first formal position at a private company since he stepped down from being a working member of the royal family a year ago.

Harry and his wife, Meghan Markle, have also signed multimillion-dollar deals to provide content for Spotify and Netflix.

As chief impact officer at BetterUp Prince Harry will be expected to help with product strategy decisions, charitable collaborations, and advise on topics related to mental health. Harry has already worked closely with mental health charities.

“This is about acknowledging that it isn’t so much what is wrong with us, but more about what has happened to us over the course of life,” Harry told the Wall Street Journal, which first reported the appointment. 

“Often because of societal barriers, financial difficulty, or stigma, too many people aren’t able to focus on their mental health until they’re forced to. I want us to move away from the idea that you have to feel broken before reaching out for help.”

Alexi Robichaux, the chief executive of BetterUp, said: “It’s a meaningful and meaty role.”

The pair are said to have met through a mutual friend and have been discussing the collaboration since last autumn. Robichaux did not reveal how much Harry would be paid or whether he has been handed shares in the business.

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