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Dan Primack / Fortune:
Just 5.7% of decision-makers at 282 US venture capital firms are women   —  Venture Capital Still Has a Big Problem With Women  —  Fewer than 6% of all decision-makers at U.S. venture capital firms are women, according to data compiled by Fortune.  It is a pathetic figure …
Apr 3, 2016, 3:20 PMIn context
Dan Primack / Fortune:
Ancestry.com now valued at $2.6B after Silver Lake and Singaporean sovereign wealth fund GIC buy minority stakes in the company   —  Silver Lake Buys Into Ancestry.com at $2.6 Billion Valuation  —  Private equity firm Silver Lake and Singaporean sovereign wealth fund GIC have agreed …
Apr 1, 2016, 2:20 PMIn context
Dan Primack / Fortune:
Sources: Snapchat to acquire Bitstrips, maker of personalized emoji app Bitmoji; deal valued “in the ballpark” of $100M says one source   —  Exclusive: Snapchat Buys Bitmoji Maker  —  Snapchat has agreed to acquire Bitstrips, the Toronto-based maker of personalized emojis known as bitmojis …
Mar 24, 2016, 8:35 PMIn context
Dan Primack / Fortune:
Instacart says it now makes money on average orders in 10 of its markets, revenue run rate has grown 6x since January 2015, it's now “gross margin positive”   —  Instacart Is... Generating Profits?  —  “What exactly are they saying about us?”  —  The question from Apoorva Mehta, founder and CEO of Instacart, made sense.
Mar 24, 2016, 12:15 PMIn context
Dan Primack / Fortune:
SV Angel co-founder David Lee launches Refactor Capital fund, seeking $50M; sources say fund will focus on seed-stage startups on the West Coast   —  SV Angel Co-Founder David Lee Launches New VC Firm  —  David Lee, the seed-stage venture capitalist who last year resigned from the firm …
Mar 22, 2016, 3:55 PMIn context
Fortune:
Source: General Motors will pay more than $1B for Cruise Automation, which raised just over $18M from investors including Spark and YC   —  GM Buying Self-Driving Tech Startup for More Than $1 Billion  —  General Motors GM this morning announced that it will acquire Cruise Automation …
Mar 11, 2016, 9:47 AMIn context
Dan Primack / Fortune:
WeWork Is Raising $780 Million at a Huge Valuation   —  WeWork, a New York-based startup that leases out offices and other co-working spaces, has authorized the sale of up to $780 million in new stock, according to documents filed on Tuesday in Delaware.  —  The offering comprises what WeWork …
Mar 9, 2016, 2:50 PMIn context
Dan Primack / Fortune:
Former Snapchat and Instagram exec Emily White creating personal concierge startup Mave   —  Ex-Snapchat COO Emily White Has A New Startup  —  Former Snapchat and Instagram executive Emily White has created a high-end personal concierge startup, Fortune has learned.
Mar 3, 2016, 10:20 AMIn context
Dan Primack / Fortune:
Verizon most likely buyer for Yahoo, followed by Time Inc., and private equity; sources say Marissa Mayer has approached several PE firms   —  Who Will Buy Yahoo?  —  Yahoo Inc. is on the block.  Again.  —  The last time we went through this was in 2011, when several private equity firms kicked …
Feb 29, 2016, 2:10 AMIn context
Dan Primack / Fortune:
Jana raises $57M Series C led by Verizon Ventures for mCent ad-subsidized free internet service for emerging markets, Tim Armstrong joins the board of advisors   —  Jana Raises $57 Million to Bring Internet to Developing World  —  Jana is a Boston-based mobile Internet company …
Feb 18, 2016, 8:05 AMIn context

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