Announcement pill

<a class="pill" href="#">
  <span class="pill__label">Introducing our Startup Program</span>
  <span class="pill__action">Learn more <span aria-hidden="true">↗</span></span>
</a>

.pill {
    display: inline-flex;
    align-items: stretch;
    border: 1px solid #e5e5e5;
    border-radius: 999px;
    background: #fff;
    font: 500 13px/1 Inter, system-ui, sans-serif;
    color: #171717;
    text-decoration: none;
    box-shadow: 0 1px 2px rgb(0 0 0 / 0.04);
    overflow: hidden;
    transition: border-color 0.15s, box-shadow 0.15s;
  }
  .pill:hover {
    border-color: #d4d4d4;
    box-shadow: 0 2px 6px rgb(0 0 0 / 0.06);
  }
  .pill__label,
  .pill__action {
    padding: 8px 12px 8px 16px;
  }
  .pill__action {
    border-left: 1px solid #e5e5e5;
    padding-right: 14px;
    color: #737373;
    font-weight: 400;
  }
  .pill:hover .pill__action {
    color: #171717;
  }

<!--
title: Announcement pill
author: archive
tags: [badge, pill, dub, announcement]
source: https://dub.co
description: The split "Introducing … | Learn more ↗" pill from dub.co's hero, rebuilt in plain HTML/CSS.
-->
<a class="pill" href="#">
  <span class="pill__label">Introducing our Startup Program</span>
  <span class="pill__action">Learn more <span aria-hidden="true">↗</span></span>
</a>

<style>
  .pill {
    display: inline-flex;
    align-items: stretch;
    border: 1px solid #e5e5e5;
    border-radius: 999px;
    background: #fff;
    font: 500 13px/1 Inter, system-ui, sans-serif;
    color: #171717;
    text-decoration: none;
    box-shadow: 0 1px 2px rgb(0 0 0 / 0.04);
    overflow: hidden;
    transition: border-color 0.15s, box-shadow 0.15s;
  }
  .pill:hover {
    border-color: #d4d4d4;
    box-shadow: 0 2px 6px rgb(0 0 0 / 0.06);
  }
  .pill__label,
  .pill__action {
    padding: 8px 12px 8px 16px;
  }
  .pill__action {
    border-left: 1px solid #e5e5e5;
    padding-right: 14px;
    color: #737373;
    font-weight: 400;
  }
  .pill:hover .pill__action {
    color: #171717;
  }
</style>