groupon News of 04/09/20
Groupon Axes CEO And COO As Company Looks To Mount A Recovery During A Crisis
While plenty of tech stocks have seen their market caps dive in the past month, Groupon has taken a harder hit than most. The company’s share price has dropped over 70% in the past five weeks. The reckoning came for Groupon’s ...
WeWork CEO Adam Neumann Has Reportedly Cashed Out Of Over $700 Million Ahead Of Its IPO
Adam Neumann, the co-founder and chief executive of the international real estate co-working startup, WeWork, has reportedly cashed out of more than $700 million from his company ahead of its initial public offering. The size and timing of the ...
Hot startup Superhuman has been getting some ‘backlash’ as happens now and then when someone notices the precise methodology that a startup is using to enable a really freakin’ cool feature set. We’re well into stage 2 now when, ...
The Stanford Connections Behind Latin America’S Multi-Billion Dollar Startup Renaissance
The houses along the tree-lined blocks of Josina Avenue in Palo Alto, with their big back yards, swimming pools and driveways are about as far removed from the snarls of traffic, sputtering diesel engines, and smoggy air of South America’s major ...
Groupon Cofounder Eric Lefkofsky Just Raised Another $200 Million For His Newest Company, Tempus
When serial entrepreneur Eric Lefkofsky grows a company, he puts the pedal to the metal. When in 2011 his last company, the Chicago-based coupons site Groupon, raised $950 million from investors, it was the largest amount raised by a start-up, ...
GetYourGuide Picks Up $484m, Passes 25m Tickets Sold Through Its Tourism Activity App
As we swing into the summer tourist season, a company poised to capitalise on that has raised a huge round of funding. GetYourGuide — a Berlin startup that has built a popular marketplace for people to discover and book sightseeing tours, ...
EC-Exclusive Interview With Tim Cook, Slacklash, And Tech Inclusion
An EC-exclusive interview with Apple CEO Tim Cook TechCrunch editor-in-chief Matthew Panzarino traveled to Florida this week to talk with Tim Cook about Apple’s developer education initiatives and also meet with high school developer Liam ...
Unicorns Aren’T Profitable, And Wall Street Doesn’T Care
In Silicon Valley, investors don’t expect their portfolio companies to be profitable. “Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies,” a bible for founders, instead calls for heavy spending on growth ...
Andreessen Horowitz Hires Its 15th General Partner
Andreessen Horowitz, a venture capital fund behind the likes of Facebook, Instagram and Groupon, has tapped David George as its newest general partner and its first top dealmaker focused on late-stage deals. George joins from General Atlantic, ...