A new PrivCo report says Foursquare will fail by the end of 2013. According to PrivCo's sources, Foursquare is missing venture capitalist's projections, and even its own projections, quarter after quarter. PrivCo thinks investors will get tired of this and sell their shares by year-end for less money than they initially invested.
LONDON — European venture capital is going through a shake-up.As the region’s tech companies like Spotify, the music-streaming service, and King Digital, the maker of the Candy Crush franchise, have become global names, a series of new venture funds have sprouted in search of the next generation of European start-ups.
SEATTLE — Typically, tech entrepreneurs come up with start-up ideas and bring them to investors for money. A new investment firm in Seattle, backed by from some prominent names in technology and venture capital, plans to come up with start-up ideas on its own.The firm, Pioneer Square Labs, calls itself a “start-up studio” and on Thursday announced that it has raised $12.
On Monday, the Match Group — the collection of such dating services as Match.com and Tinder — set terms for its initial public offering, seeking a valuation of about $3.1 billion. The company will now begin meeting with potential investors and set an official I.P.O. price, probably in a few weeks.Match joins Square, the payments start-up, as tech companies on the road show circuit.
Google and Facebook are eating their lunch. Google and Facebook are building and buying their own ad tech. It's extremely difficult to compete with companies of that scale. Not least when they build up "walled gardens" and attempt to own every area of the ad tech stack, from buy-side to sell-side, essentially offering advertisers a one-stop-shop for all their needs.
Men's short-shorts may seem like an unlikely product for an ecommerce startup. But for Chubbies cofounders Kyle Hency, Rainer Castillo, Preston Rutherford, and Tom Montgomery, it was the most natural thing in the world to start a company based around retro-inspired shorts.
Apple considers new campus in San Jose, pegged at 4.15 million square-feet. Apple Considers New Campus in San Jose, Pegged at 4.15M Square Feet is a post from: iPhone in Canada Blog - Canada's #1 iPhone Resource
Square, the digital payments start-up, announced on Monday that it has hired a former Yahoo executive to run its cash advance business, an increasingly crucial part of the company.Jacqueline Reses will run Square Capital, a relatively new initiative for Square which offers cash advances to small businesses who process payments using Square’s services.
Typically, increased subleasing signals that some growth-stage technology companies have taken on too much real estate too quickly," Weinberg wrote.Dropbox sent the following statement when we reached out:"We're excited about our move to Brannan Street next year to help us bring together our fast-growing team in one place. We look forward to the upcoming move and expanding our presence in SOMA.
At the start of this year, Earnest was an intriguing but small entrant in an emerging field of start-ups using new tools of data and software to analyze credit risk and make consumer loans. Its loans were typically a few thousand dollars for things like relocation expenses and professional training.
“This was classic espionage, just on a scale we’ve never seen before from a traditional adversary,” the official said.“And it’s not a satisfactory answer to say, ‘We found it and stopped it,’ when we should have seen it coming years ago.
This story was originally sent to thousands of professionals just like you in this morning's IoT WEEKENDER newsletter. Don't be left in the dark while your competition gets ahead each morning. Learn more about our 7-day FREE trial now FITBIT’S IPO A BIG SUCCESS: On Wednesday night FitBit announced its official IPO price of $20 per share.
For many young companies, the potential of being valued at $2.9 billion by Wall Street investors would be a good thing. But when you already have been valued by private investors at $6 billion — at least on paper — it might be a bit of a comedown.
Sometime in the not-so-distant future, getting a checkup will be very different. When the doctor writes down your symptoms, it will be cross-checked with others in your area, making it easier to identify outbreaks and epidemics sooner. If you complain of shortness of breath, your phone’s heart rate monitor will instantly report how well your heart has functioned over the last month.
“We’re crossing the chasm from early enthusiasts to mainstream adoption," says Adam White, a vice president of business development with bitcoin exchangeCoinbase.The value of bitcoin has rocketed higher since late August, gaining more than 60% as investors around the world clamor to buy into the cryptocurrency . It recently hit new highs forthe year.
Aileen Lee tried a few lesser terms before she hit on “unicorn.” One was “home run.” Another was “megahits.” Neither quite worked for what she was going for — an unusual, mysterious word to describe what, in the tech industry, was an unusual, mysterious phenomenon: American software companies that had achieved a valuation of at least $1 billion.It was the fall of 2013, and Ms.
OTT DEVICES DRIVE DIGITAL VIDEO STREAMS FOR HULU: While mobile devices are driving a significant uptick in digital video consumption in the US, OTT devices like smart TVs, connected devices, and gaming consoles are driving long-form premium content, according to a new report from Hulu.
It has been some time since Marissa Mayer, chief executive of Yahoo, has spent big to add a promising start-up to her company’s portfolio. On Friday, she broke out the checkbook.Yahoo paid close to $200 million for Polyvore, an online social shopping and style site, according to two people briefed on the deal.