Archive for September, 2016

Twitter’s Gareth Paul Jones, Amex’s Tamar Shapiro check-in to new senior roles at Foursquare

Now that the dust has settled from Foursquares big split, the company is pushing forward with a few new executives and a brand new office in Los Angeles. The company has recently brought on Gareth Paul Jones former head of mobile partner integrations at Twitter, who previously held positions at companies like Apple, TRUSTe, and Google as Director of Technology Services.
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The 12 startups making their case at ERA Demo Day

F They also pairparticipatingstartups with an industry-relevant mentor to help bring the startup to market.This year, the eleven of the twelve startups received a seed investment of $40K from the ERA. One such notable alumni of the program isPublic Stuff, a software company that assists clients with managing complaints currently, they assist Burj Khalifia building management with customer complaints.
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Flywheel expands Uber-like system for taxi cabs to NYC

Taxi startup Flywheel is officially making its move into New York City, with the aim to better equip old-school taxis to take on Uber andLyft. Flywheel recently received approval from the NYC Taxi and Limousine Commission to operate TaxiOS, its smartphone-based taxi meter that comes with electronic dispatch, payments, navigation and GPS-based metering.
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Rocket Internet trims losses, increases debt buyback

Earnings report: Rocket reiterated a target set a year ago to turn three of its 10 main startups profitable by the end of 2017, while highlighting smaller losses at home furnishings site Westwing and at GFG. Reuters BERLIN: German e-commerce investor Rocket Internet reported progress on Sept 22 in cutting losses at its main startups with three set to generate profits by the end of 2017, while its shares were lifted by a plan to buy back convertible bonds.
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Science, tech and geek culture site Inverse raises $6M

Inverse, a new-ish digital media startup founded by Bleacher Reports Dave Nemetz, is announcing that it has raised $6 million in Series A funding. The Inverse site launched in August 2015 and covers a mix of science, technology and entertainment news as I write this, the front page features stories on astrobiology, future cities and The Simpsons.
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The New York Times invests in theSkimm

Big media companies are backing newsletter startup theSkimm. Following an $8 million round led by 21st Century Fox that was announced in June, theSkimm announced today that it has raised an additional $500,000 from The New York Times, Yannick Bollor (CEO of ad giant Havas Group), strategic advisory firm MediaLink and actress Mariska Hargitay.
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Signia Venture Partners has $85 million in new funds to invest

Signia Venture Partners has closed its second fund at $85 million to lead early-stage deals in emerging tech startups mostly in and around San Francisco. For the unfamiliar, Signia is typically the first money in and the lead investor in the companies it backs, writing $1-2 million in seed stage deals or $2-8 million in later stage rounds.
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