Archived | Autism’s new venture capitalists: Laura Slatkin and Ilene Lainer are teaming up with hedge fund giant Jim Simons to create a new resource for people with autism | June 9, 2011 #AutisticHistory #BanABA

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Screenshot of story. Text below.

[Note: Shared for #AutisticHistory archive purposes. This is NOT An Autistic Ally.]

Autism’s new venture capitalists

By Scott Cendrowski, reporter 

June 9, 2011: 12:26 PM ET

Laura Slatkin and Ilene Lainer are teaming up with hedge fund giant Jim Simons to create a new resource for people with autism.

Laura Slatkin & Illene Lainer

FORTUNE — New York is a hot spot for autism causes. The biggest names in research and fundraising are here: hedge fund manager Jim Simons and his influential Simons Foundation, for instance, and former NBC Universal CEO Bob Wright’s multi-million dollar Autism Speaks awareness campaign.

Laura Slatkin, left, and Ilene Lainer

But for all the funds flowing through New York and the outsized attention paid to the disorder that now affects 1 out of 70 boys and 1 in 110 children, families with autistic kids here face the same manifold problems as any other across the country. One common refrain is, How can I get help for my 1-year-old tomorrow instead of waiting weeks or months for the bureaucratic paperwork? And as the children grow older, parents are increasingly asking, Who’s going to help my autistic son after he graduates from high school and I’m gone?

Two women are tackling the issues with an innovative idea, and borrowing a page from financial types to do it – Laura Slatkin and Ilene Lainer are autism’s venture capitalists.

Slatkin runs an upscale candle company after having quit a job on Wall Street to build a fragrance company with her husband Harry Slatkin, dubbed by the New York Times as the “king” of home fragrance. Their 12-year-old son David is severely autistic. He doesn’t talk and almost completely lacks communication skills. The Slatkins travel to Boston to see him at the New England Center for Children, a school for autism treatment. “I’m thinking about when David gets older,” she says, “and I really don’t know what’s going to happen.”

Lainer is a former labor employment lawyer in Manhattan whose 14-year-old autistic son Ari travels 40-minutes on bus every day to a specialty school in Queens. Lainer runs the day-to-day operations of the New York Center for Autism (NYCA), a nonprofit the women co-founded in 2003 that has raised more than $20 million. Slatkin and Lainer opened New York’s first charter school for autistic children in 2005, and later NYCA created innovative courses at a local university to instruct teachers and nurses, for instance, how to work with autistic people in their fields.

Like Silicon Valley’s VCs, they seeded these programs then let others take them over to grow. Unlike venture capitalists, however, they’re not in it for the money – the only reward they seek is more help for the autistic population.

What could be their crowning achievement is still in its early stages. For years Slatkin and Lainer have wanted to open a hub for autistic people of all ages, a center where young kids could be diagnosed early, teenagers could learn job skills, and autistic adults could secure jobs. This kind of comprehensive center doesn’t exist elsewhere in the country.

The Institute for Brain Development is set to open in late 2012. Again, Slatkin and Lainer have teamed with experts. New York-Presbyterian Hospital and the medical schools of Cornell and Columbia Universities school are helping NYCA open the center in White Plains, New York, located about an hour north of New York City. Simons, who founded the hedge fund firm Renaissance Technologies, and his wife Marilyn donated $5 million to get it off the ground. Autism Speaks added another $1 million.

The women recruited leading autism clinitian Dr. Catherine Lord from the University of Michigan. Lord says the center will offer “gap services” such as therapy sessions between the time a child is diagnosed as autistic and the time parents find the appropriate therapists — a heartbreaking, stressful time for parents. “You know the clock is ticking,” says Slatkin, “and every day you aren’t engaging your child in therapy makes you think it’s an opportunity you lose.”

Later, Slatkin and Lainer expect the institute to cater to all ages of people with autism. The hospital system created 10 internships for autistic teenagers and adults. Shopping malls and businesses around White Plains can provide more jobs. There are plans for housing options around the campus (transportation costs are one of the biggest obstacles to employing autistic people). They envision a hub for the autistic community — and they hope the idea can be scaled nationally.

“We want to be leaders,” says Lainer. “In time it should be easier for others to do this.”

The Slatkins and Lainer’s family are desperate for options for their sons once they grow up. What happens when parent die is an increasingly important question: more than 80% of autistic people in the U.S. are estimated to be younger than 22 years old.

Lainer draws an analogy to the disability rights movement of the 1980s and 1990s. “When people in wheelchairs couldn’t get into the building, they made curb cuts,” she says. “You couldn’t push the elevator button because it was too high? They lowered the button. We need to figure out what the curb cuts are for people with autism because they deserve as much to be members of the community as people in a wheelchair.”

Source: http://web.archive.org/web/20110717094314/http://finance.fortune.cnn.com/2011/06/09/autisms-new-venture-capitalists/


More With NYCA & NEXT for Autism



Note/Warning:

Autistic people have fought the inclusion of ABA in therapy for us since before Autism Speaks, and other non-Autistic-led autism organizations, started lobbying legislation to get it covered by insurances and Medicaid. 

ABA is a myth originally sold to parents that it would keep their Autistic child out of an institution. Today, parents are told that with early intervention therapy their child will either be less Autistic or no longer Autistic by elementary school, and can be mainstreamed in typical education classes. ABA is very expensive to pay out of pocket. Essentially, Autism Speaks has justified the big price tag up front will offset the overall burden on resources for an Autistic’s lifetime. The recommendation for this therapy is 40 hours a week for children and toddlers.

The original study that showed the success rate of ABA to be at 50% has never been replicated. In fact, the study of ABA by United States Department of Defense was denounced as a failure. Not just once, but multiple times. Simply stated: ABA doesn’t workIn study after repeated study: ABA (conversion therapy) doesn’t work. 

What more recent studies do show: Autistics who experienced ABA therapy are at high risk to develop PTSD and other lifelong trauma-related conditions. Historically, the autism organizations promoting ABA as a cure or solution have silenced Autistic advocates’ opposition. ABA is also known as gay conversion therapy.


The ‘cure’ for Autistics not born yet is the prevention of birth. 

The ‘cure’ is a choice to terminate a pregnancy based on ‘autism risk.’ The cure is abortion. This is the same ‘cure’ society has for Down Syndrome. 

This is eugenics 2021. Instead of killing Autistics and disabled children in gas chambers or ‘mercy killings’ like in Aktion T4, it’ll happen at the doctor’s office, quietly, one Autistic baby at a time. Different approaches yes, but still eugenics and the extinction of an entire minority group of people.


Fact: You can’t cure Autistics from being Autistic.

Fact: You can’t recover an Autistic from being Autistic.

Fact: You can groom an Autistic to mask and hide their traits. Somewhat. … however, this comes at the expense of the Autistic child, promotes Autistic Burnout (this should not be confused with typical burnout, Autistic Burnout can kill Autistics), and places the Autistic child at high risk for PTSD and other lifelong trauma-related conditions.


[Note: Autism is NOT a disease, but a neurodevelopmental difference and disability.]


Fact: Vaccines Do Not Cause Autism.


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