Topic: Business

Tumblr Founder Now $250 Million Richer. USV Sees A 5,000% Return.
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Tumblr Founder Now $250 Million Richer. USV Sees A 5,000% Return.

Yahoo's $1.1 billion acquisition of Tumblr will net 26-year-old founder David Karp more than $250 million when the deal closes.  That's not bad at all.  Tumblr, which raised $125 million in funding since its launch six … [Read more...]

Emaze: The cure for the common presentation?
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Emaze: The cure for the common presentation?

Is it fair to say that a lot of slide decks are pretty boring? PowerPoint has been around for a long, long time, and almost anyone can slap together a bunch of slides with the headline and bullet point templates. We had … [Read more...]

Seamless and GrubHub join forces to take on takeout
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Seamless and GrubHub join forces to take on takeout

While everyone was clamoring over Yahoo's agreement to acquire Tumblr, two other companies decided to join forces. Online food ordering sites Seamless and GrubHub announced today that they'll be merging to create one … [Read more...]

Yahoo’s Board Approves $1.1 Billion Tumblr Acquisition
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Yahoo’s Board Approves $1.1 Billion Tumblr Acquisition

Yahoo's board approved the plan for the company to acquire Tumblr for $1.1 billion, the Wall Street Journal reports.  The deal will be in all cash. Additionally, previous reports said that Tumblr's board had given … [Read more...]

Yahoo Board to Meet Sunday to Think Over $1.1 Billion Tumblr Acquisition
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Yahoo Board to Meet Sunday to Think Over $1.1 Billion Tumblr Acquisition

According to a report by All Things D, sources close to the situation surrounding the rumored Yahoo acquisition of Tumblr, say the Yahoo board plans to meet Sunday night to decide whether to approve a $1.1 billion … [Read more...]

Samsung Experience Shops open in select Best Buy locations
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Samsung Experience Shops open in select Best Buy locations

Near the end of March, we reported that Samsung was planning to emulate Apple's store-within-a-store model at select Best Buy locations. It seems the initial roll-out has finished, as Samsung is promoting the mini-stores … [Read more...]

Hike’s Marketing Disaster: The Worst Giveaway Ever
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Hike’s Marketing Disaster: The Worst Giveaway Ever

Oh boy, I just got an email from an app startup called Hike.  The company has developed an app that offers users the ability to share status messages between friends, and recently raised $7 million in funding after … [Read more...]

Babblr Crashes After Launch, Scrambles to Raise $50,000
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Babblr Crashes After Launch, Scrambles to Raise $50,000

Babblr, the instant chat tool for tumblr that launched on May 7, has crashed.  The company said that the company's servers couldn't handle the 34,000 downloads in three hours that it experienced at launch.  Now, Babblr … [Read more...]

Fred Wilson’s: Venture Capital Do’s and Don’t
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Fred Wilson’s: Venture Capital Do’s and Don’t

Fred Wilson is currently being interviewed on stage at TechCrunch Disrupt NY by Michael Arrington and a topic of discussion that came up was the "Best and Worst Things to do in VC Pitches." If you're not familiar with … [Read more...]

Yahoo! Rolls Out Native Ads To Boost Ad Revenue
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Yahoo! Rolls Out Native Ads To Boost Ad Revenue

Yahoo! announced a new advertising format it called Yahoo! Stream Ads, its own version of native ads, in an effort reverse its declining ad revenue. Yahoo! Stream ads will work within Yahoo! News Stream, which Yahoo! … [Read more...]