Verizon is selling blogging site Tumblr to the owner of WordPress for a 'nominal' amount of money
The price of the deal was called "nominal" compared to Tumblr's last purchase price of $1 billion, according to a Wall Street Journal report.
Verizon selling blogging site Tumblr to WordPress owner
The price of the deal was not disclosed, suggesting a big reduction from the $1.1 billion that Tumblr fetched the last time it was acquired.
On-demand food delivery app Postmates is set to unveil its IPO filing in September
The buzzy startup was most recently valued at $1.85 billion, and filed confidentially with the SEC in February.
Crosschq raises $4.1 million to take on LinkedIn's talent "monopoly"
The recruiting startup has partnered with the talent-management startups Greenhouse and Lever to better track and analyze reference-check data.
Entrepreneur First: seed accelerator, VC builds London unicorn talent
"It's the complete opposite of Silicon Valley, but that's changing fast," says Entrepreneur First.
Alexis Ohanian: 'no one in their right mind' can build a company in SF
The cofounder turned investor thinks more employees will normalize remote working options to counter rising costs of doing business in Silicon Valley.
Ahead of IPO, report of WeWork cofounder Adam Neumann stock sales, loans
Adam Neumann reportedly sold some of his stock during financing rounds and also borrowed against his shares.
WeWork cofounder Adam Neumann's big stock sales and loans before IPO
Adam Neumann reportedly sold some of his stock during financing rounds and also borrowed against his shares.
Canned water startup Liquid Death in talks to raise as much as $10M
Two months after announcing $1.6 million in seed funding, the viral canned water company is reported to be actively raising its Series A.
Brooklinen is running a Prime Day deal of its own — save 20% sitewide only on July 15
Save 20% on your entire Brooklinen order as a special Prime Day deal. Sheets, duvet covers, bathrobes, and more are discounted on July 15, 2019.
Hot email app Superhuman comes under fire for 'spying'
By default, messages sent with Superhuman including a "tracking pixel" that can be used to see when and where recipients opened your messages.
Former Intel and Google cloud exec Diane Bryant is easing back into the saddle with new board roles
On Monday, Los Angeles-based video cloud company OwnZones announced that Bryant had joined its advisory board.
Ex Slack board observer Sarah Cannon: no hesitation on direct listing
Index Ventures partner Sarah Cannon joined Slack's board as an observer as the team was evaluating options for the company's public debut.
SoftBank: A running list of the Japanese company's tech investments
SoftBank has backed or bought a host of established tech firms such as Nvidia, the We Company, Slack, Uber, and ARM.
The top 4 tech startups that are investing in other startups
The top four corporate venture capital funds have invested more than $2 billion across 76 startups since 2013.
CapitalG founder Scott Tierney lands $175 million for investment fund
CapitalG founder Scott Tierney was inspired by Google's environmental initiatives and left to start his own sustainability-focused venture fund.
Brex valued at $2.6 billion after $100 million funding
The buzzy credit card startup Brex was most recently valued at $1.1 billion as of its Series C in October. Now, it's worth more than twice that.
Here's why VC Fred Wilson say safes are bad for startups
Union Square Ventures founder Fred Wilson wrote that deferring valuation and dilution amounts with safes harm founders in the long run.
SoftBank can't find investors for new $100 billion fund, report says
SoftBank said that the idea the firm is having a hard time raising money for Vision Fund II is "misleading and even inaccurate."
See how Pillar pitched Kleiner Perkins to lead its $5.5 million Seed
According to Pillar founder and CEO, the team wasn't looking for new funding but garnered interest from some of the biggest names in Silicon Valley.
