Author: Matthew Lynley

Houzz raises a huge $400M round at a $4B valuation

TECHCRUNCH If you ask investors in Silicon Valley about Houzz — an app where you browse ridiculously nice homes and check out interesting interior design ideas — they’ll probably quietly mutter that they’re just growing their business. We really don’t hear about Houzz’s business that often. Except now the company says it has raised $400 million led by Iconiq Capital, with Sequoia, Zeev Ventures and GGV also participating in the round. The new financing round values the startup at $4 billion, according to Bloomberg, making it one of the higher valued consumer startups — and based around house decorations, no...

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Binary Capital reportedly delays closing new fund amid controversy

TECHCRUNCH Binary Capital reportedly delays closing new fund amid controversy 30 minutes ago by Matthew Lynley The Sony A9 inches the mirrorless camera market forward 1 hour ago by Stefan Etienne Headstart wants to better analyze candidates to fit them with the best jobs 3 hours ago by Matthew Lynley Tumblr says it fixed the ‘Safe Mode’ glitch that hid innocent posts, including LGBTQ+ content 3 hours ago by Sarah Perez Coinbase is reimbursing losses caused by the Ethereum flash crash 4 hours ago by Fitz Tepper Relevnt launches a publisher-centric news app 4 hours ago by Anthony Ha 5 burning questions Blue Apron’s IPO...

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Headstart wants to better analyze candidates to fit them with the best jobs

TECHCRUNCH Nicholas Shekerdemian has a pretty typical startup story: he dropped out of college, met up with a technical co-founder and then ended up starting a company. But Shekerdemian, who at the time was helping match English teachers with Chinese citizens, wanted to start a company that would solve his own problem: actually getting a job at a cookie cutter company where everyone else applies. So he started a company called Headstart, which is geared toward fitting the right candidates with the right jobs — and cutting down on all that needless hold-ups that keeps the two from meeting. It’s a...

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5 burning questions Blue Apron’s IPO is about to answer

TECHCRUNCH Blue Apron will be going public in short order, kicking off the second big major consumer IPO of 2017. It’s nowhere near as big as Snap, but the company at the top end of its IPO pricing will be valued at around $3.2 billion as it looks to raise nearly $600 million. The company’s IPO comes at an interesting time as we approach the midpoint for 2017, which has seen a big wave of IPOs since Snap went public at the beginning of the year. But since Snap went public, its stock has cratered. There have been a...

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Walmart reportedly won’t bid for Whole Foods after Amazon’s huge offer

TECHCRUNCH Walmart isn’t actively considering a bid for Whole Foods, which Amazon said it would purchase for $13.7 billion last week, according to a report by Reuters. If so, that would remove a major obstacle to Amazon’s bid to acquire the grocery chain. Whole Foods has hundreds of stores across the U.S., which could give Amazon a foothold in the grocery business — and possibly food delivery. But it’s possible that other companies could swoop in and try to make a bigger bid for Whole Foods, turning the deal into a competitive one despite Amazon’s current offer. [relarted_articles]Major acquisitions...

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Pinterest’s camera search Lens gets a new look

TECHCRUNCH Pinterest’s camera search tool, Lens, is getting a makeover today with some updated including the ability to zoom in and out and tap to focus, and making it easier to search with Lens from photos they’ve already taken. Lens is very much a move to try to collapse the distance between the experience within Pinterest the app (or site) and the real world. Users point their camera at something and are looking for some additional information for it — such as a price tag, where to buy it, or what they can do with it. Many of Pinterest’s...

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Fleet management tracking provider Samsara raises $40M

TECHCRUNCH Rapid changes in the shipping industry has caught the attention of investors who are starting to pour large sums of money into the industry. And likely for good reason: as a future where trucks are run autonomously becomes ever clearer, the sensors and software behind that is going to have to be able to keep up. One company, Samsara, is working on just those kinds of sensors and products to keep those fleets operating smoothly. The startup creates GPS trackers and sensors — such as ones that track temperature — and feeds back that data to fleet managers...

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Meditation app Headspace hires a new chief business officer

TECHCRUNCH One of the first times Ross Hoffman met Headspace CEO Rich Pierson when talking about a role running the company’s business, Pierson was not talking a lot about business. Instead, he was peppering Hoffman with questions about himself, telling stories about users, and talking about work ethos. The business questions came later, of course, but that kind of introduction and vetting for a company built around a meditation app might not be all that surprising. and Headspace has now hired Hoffman to be its first chief business officer. Hoffman, who was most recently Twitter’s VP of global content...

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