Phoebe Gates, the 23-year-old daughter of billionaires Bill Gates and Melinda French Gates, has spent the last year insisting her shopping app Phia would succeed with, quote, 'no ties to my privilege or my last name'. And it seemed to be working: Phia raised $43.5 million from investors including Khloe Kardashian, Paris Hilton and Sydney Sweeney, and hit a $185 million valuation in less than two years. Then on the 9th of July 2026, a Bloomberg investigation alleged the app had been faking how well it was doing with a sneaky trick called 'cookie stuffing', possibly defrauding investors and affiliate partners out of tens of millions of dollars. It's so serious that the last people caught doing it were prosecuted by the FBI and went to federal prison. This is Just The Gist (MINI!) of Phia, Phoebe Gates and the fake clicks scandal: the Bloomberg cookie stuffing investigation, the celebrity investors, and the self-made girlboss story that may be unravelling in real time.

We give you Just The Gist, but if you want more, there's Breakin' Nooz, JTG After Show AND Bonus eps! You can access them by joining the Gistener Club via the Just The Gist Patreon or Apple Premium Subscriptions.

Watch Just The Gist episodes on Youtube @JustTheGistPodcast

Follow Just The Gist on Instagram and TikTok @JustTheGistPodcast

Follow Rosie in all the places at @RosieWaterland

Want to give us a SuGISTion? Tell Rosie to stop singing so much? Email us at hello@justthegist.com.au

Just The Gist is a Just The Network production. Executive Producer and Host: Rosie Waterland | Senior Producer and Editor: James Joseph | Producers: Kate Leaver, Hayley Staveley & Sammy Petersen | Acast Legend: Guy Scott-Wilson | Production Assistant: Pocket

Don't forget to follow and give us 5 stars, which means something apparently!

Thank you, as always, for Gistening. Now go say something impressive at a dinner party.

Gates Heir's Shopping App Took Credit for Sales It Didn't Drive (Bloomberg, 2026)

Forced Clicks and Stand-Down Violations by Shopping Plugin Phia (BenEdelman.org, 2026)

Affiliate Fraud Litigation Index (BenEdelman.org, 2026)

The Phia Controversy Explained: How Phoebe Gates Can Recover From a Major PR Crisis (Your PR BFF on Substack, 2026)

Phia Accused of Cookie Stuffing, Taking Affiliate Credit on Purchases It Didn't Earn (TechCrunch, 2026)

Q&A: Sophia Kianni and Phoebe Gates Reflect on Their Time at Stanford and Co-Founding Phia (The Stanford Daily, 2025)

Hosted on Acast. See acast.com/privacy for more information.