Online streetwear retailer and burgeoning media powerhouse Karmaloop is seeking to raise a $30 million round of funding to push their hipster sensibilites worldwide, according to Bostinno.
Co-founder and CEO Greg Selkoe founded the company in 20[...]
NJOY, a maker of e-cigarettes, has raised $70 million from Brookside Capital and Morgan Stanley Investment Management, building on early investments from Sean Parker, Peter Thiel and Douglas Teitelbaum, according to TechCrunch.
The single-use e-ci[...]
It's been a hot minute since our last collection of VC wisdom...buckle up for some serious mind-warps:
"Facebook Massively Overpaid for WhatsApp," by Albert Wenger of Union Square Ventures: "All the arguments being made about Facebook simply usin[...]
AdStage has raised a new round of $1 million in funding from Digital Garage -- a Japanese tech incubator and early Twitter investor -- and revealed 4 new apps, according to AdStage Director of Marketing & Product Sam Mazaheri. The company has r[...]
Justin Zhen and Gregory Ugwi, co-founders of Thinknum, want to bring financial modeling tools to the world outside Wall Street -- and they've got the analytical chops to back up their grand vision.
"The way to learn finance is to look at the best [...]
Earlier this week, PandoDaily founder and CEO Sarah Lacy announced the tech publication had raised a Series A funding round of $1.2 million, led by "an unconventional group of investors in Tennessee organized by Nashville-based Jumpstart Foundry," as[...]
According to VentureBeat, Y Combinator co-founder and president Paul Graham will be stepping down from his leadership position at the influential tech accelerator. Sam Altman, a 28-year-old Y Combinator partner, will take over the presidency starting[...]
According to DealBook, Cameron and Tyler Winklevoss -- the Harvard ubermenschen with a knack for news-making, oar-breaking and lady-taking -- have launched a Bitcoin price index dubbed WinkdexSM ,with the goal of bringing price transparency to the wi[...]
According to the Wall Street Journal, Facebook is purchasing the popular messaging app WhatsApp for $16 billion.
WhatsApp is available on all major operating systems, and currently has 450 million monthly users, many outside the U.S. The acquisiti[...]
According to TechCrunch, Hampton Creek Foods has raised a $23 million Series B funding round led by Hong Kong-based Horizons Ventures, with participation from Yahoo founder Jerry Yang, AME Cloud Ventures, Khosla Ventures and Collaborative Fund, among[...]
According to Slate, Taco Bell will be rolling out a mobile-ordering app later this year, after more than two-and-a-half years in development. Customers will be able to pay from inside the app with credit cards and gift cards, and pick their food up f[...]
Some unfortunate news for bullish Bitcoin investors this week (I'm lookin' at you, Tyler and Cameron!):
VentureBeat reports that 4,474 Bitcoin -- about $2.7 million -- were stolen from black-market e-commerce site Silk Road 2.0, where transaction[...]