So much to learn, so little time...
"Healthcare: Commerce Before Marketplace?" by Albert Wenger of Union Square Ventures: "So what would a commerce model a la Amazon look like in healthcare? It would be a branded service that provides diagnosis, p[...]
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[...]
One Kings Lane, a home-good ecommerce site, raised a $112 million funding round last week led by Mousse Ventures, with participation from Scripps Networks Interactive, Kleiner Perkins, Greylock Partners, Tiger Global Management and others, according [...]
Few companies have generated as much schadenfreude as Fab, the 'emotional commerce' startup with a penchant for exorbitant funding rounds, threatening staff e-mails and, um, layoffs. Now, Fab will be firing 50 more employees, according to Valleywag, [...]
On Monday, Baidu, China’s counterpart to Google, launched a financial services platform that it has christened “Baifa,” which will offer mutual funds, loans, and insurance to online users, according to Reuters. In under five hours yesterday, 120,000 [...]
According to Reuters, "emotional commerce" site Fab will be laying off 101 workers worldwide.
The move follows an odd pattern for Fab, which also laid off over 100 people in July while simultaneously raising a $160 million funding round that value[...]
Kozmo.com, an online delivery service which offered FREE delivery of almost any item, with tips discouraged, will be relaunching in the coming months, according to Gizmodo.
Kozmo was founded in 1997 by 25-year-old Joseph Park, and ballooned to ove[...]
Did you guys know there was an "L.A. shoes war" going on? No? Well, PandoDaily says there was, but that it's officially over because JustFab has acquired Shoedazzle, the subscription women's fashion site co-founded by Kim Kardashian, for between $10 [...]
...Anddddd now Fab's raising money, fresh off firing 100 people earlier this week. The 'emotional commerce' company has raised a $10 million fund from the SingTel Group, according to TechCrunch, and will be partnering with the Singaporean telecommuni[...]
Revolution Growth, the VC fund of former AOL CEO Steve Case, has invested $40 million in Bigcommerce, which distributes software for other companies to create and manage online stores, according to the New York Times.
The hefty funding is a slap i[...]
Wayfair is decidedly less trendy than e-commerce compatriots like Fab, Bib+Tuck, Fancy, et al, but it may be a bit wiser. Founded in 2002, Wayfair is the longtime-baby of Niraj Shah, a Boston-based entrepreneur who says that he is no rush to snag IPO[...]
Fancy, the more-macho, more e-commerce focused competitor of Pinterest, has raised $53 million from a murderer's row of investors, including Will Smith (yes...'After Earth' Will Smith...), Chris Hughes (the New Republic and Facebook boy-king), Twitte[...]