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 Connie Loizos

FanDuel co-founder Tom Griffiths just closed a seed round for his decidedly noncontroversial new startup, Hone

FanDuel co-founder Tom Griffiths just closed a seed round for his decidedly noncontroversial new startup, Hone

Tom Griffiths has founded four companies, two of which “weren’t much to write home about,” he jokes. The third captured the world’s attention: FanDuel, the fantasy sports company that was routinely in the press — not always for desirable reasons — from nearly the day it launched, to its near merger with rival DraftKings, to its […]

 Connie Loizos

A look at Birdies, the popular slipper shoe startup that just raised $8 million more from investors

A look at Birdies, the popular slipper shoe startup that just raised $8 million more from investors

Bianca Gates is a first-generation American, her parents having immigrated to the U.S. from Latin America. As such, she says, after graduating from UC Irvine, she was expected to get a safe job with a 401(k) plan and to live with her parents until she was married. Things haven’t gone exactly that way, but one can […]

 Connie Loizos

WeWork gets into the food business, backing the superfood startup of big wave surfer Laird Hamilton

WeWork gets into the food business, backing the superfood startup of big wave surfer Laird Hamilton

WeWork CEO Adam Neumann has been described as an avid surfer, one who has been known to grab his board and go, both in the Hamptons in Long Island, where he reportedly owns a home, as well as in Hawaii. Maybe it’s no surprise, then, that WeWork is now also investing in a so-called superfood […]

 Connie Loizos

Bowery Valuation raises $12 million more to automate the real estate appraisal process

Bowery Valuation raises $12 million more to automate the real estate appraisal process

Bowery Valuation, a New York-based company that we told you about last year, has raised $12 million in Series A funding for its tech-enabled real estate appraisal platform. The 3.5-year-old company raised the capital from Corigin Ventures, Camber Creek, Navitas Capital, Fika Ventures and Builders. Bowery caught our attention initially because, like a lot of […]

 Connie Loizos

For SoftBank, no majority stake in WeWork as it scales down talks from a new $16 billion investment to $2 billion

For SoftBank, no majority stake in WeWork as it scales down talks from a new $16 billion investment to $2 billion

Several weeks after it was reported by the WSJ that two of the biggest investors in SoftBank’s massive Vision Fund vehicle were cool on its planned $16 billion investment in the coworking company WeWork, those plans have changed radically, says the Financial Times. According to its sources — and confirmed by our own — SoftBank […]

 Connie Loizos

FloWater just raised $15 million to put bottled water out of business

FloWater just raised $15 million to put bottled water out of business

FloWater, an eight-year-old, Burlingame, Calif.-based company whose reusable water bottle refilling stations produce purified water, has raised $15 million in its first major round of funding. Bluewater, a Swedish company that sells water purifiers, among other things, led the round. FloWater caters to schools, colleges, fitness centers, hotels and offices, and, in the words of […]

 Connie Loizos

TrueFacet, which sells pre-owned, authenticated watches and jewelry, is raising a $10 million round of funding

TrueFacet, which sells pre-owned, authenticated watches and jewelry, is raising a $10 million round of funding

The secondary luxury goods market has been growing wildly in recent years, with more shoppers opting to both sell their lightly used luxury goods like clothing and jewelry for cold, hard cash, as well as buying the pre-owned, authenticated luxury goods of others. One of the biggest beneficiaries of the trend is The RealReal, a […]

 Connie Loizos

Grove Collaborative, a subscription startup selling ‘household essentials,’ has been quietly raising a lot of moolah

Grove Collaborative, a subscription startup selling ‘household essentials,’ has been quietly raising a lot of moolah

Grove Collaborative, a four-year-old, San Francisco-based startup that sells household, personal care, baby, children’s and pet products, has been busy raising money in 2018, shows two new SEC filings that lists representatives from the company’s earlier investors, including Mayfield, Norwest Venture Partners and MHS Capital, as well as apparent new investor General Atlantic, represented by partner Catherine […]

 Connie Loizos

Dolls Kill is raising up to $15 million for its edgy fashion brand made for ‘misfits’

Dolls Kill is raising up to $15 million for its edgy fashion brand made for ‘misfits’

When founder Bobby Farahi met Shaudi “Shoddy” Lynn, it was at a rave in L.A. Farahi has said he was immediately drawn to the fashion sense of Lynn, who was a DJ at the time; she, meanwhile, might have appreciated the business acumen of Farahi, who had already sold a broadcast monitoring service called Multivision […]

 Connie Loizos

Did unicorns like Lyft and Uber wait too long?

Did unicorns like Lyft and Uber wait too long?

It was several years ago, at a tech conference in Laguna Beach, Calif., that the venture capitalist Bill Gurley issued one of what would become repeated warnings that startups were staying private too long. Comparing companies that refuse to go public to undergrads whose college careers extend several years past the point that they should, […]

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