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Dan Primack / Fortune:
Unilever acquires Dollar Shave Club, sources say for $1B; DSC founder and CEO Michael Dubin to continue running the company   —  Unilever announced on Tuesday evening that it is getting into the razor business, by agreeing to acquire Dollar Shave Club.  —  No financial terms were disclosed …
Jul 19, 2016, 10:15 PMIn context
Dan Primack / Fortune:
Android co-founder Rich Miner cutting back at Google Ventures to lead Google's new education project   —  Earlier this year I was in an elevator with Rich Miner, the Android co-founder who has been a general partner with Google Ventures since the corporate venture capital group was formed in 2009.
Jul 7, 2016, 12:50 PMIn context
Dan Primack / Fortune:
Sources: Zenefits co-founder Parker Conrad, former director of engineering Prasanna Sankar working on startup that configures company devices for new employees   —  It's a problem faced by new employees at almost any company: Hours, if not days, wasted while waiting for IT and HR to set …
Jul 6, 2016, 8:15 PMIn context
Dan Primack / Fortune:
Zenefits cuts its valuation from $4.5B to $2B, will let Series C investors increase stake from 11% to 25%   —  Zenefits, the HR software startup that has accused its founder and former CEO of regulatory impropriety, is slashing its valuation to $2 billion from $4.5 billion.
Jun 30, 2016, 7:30 PMIn context
Dan Primack / Fortune:
Andreessen Horowitz announces it has raised $1.5B for its fifth fund, all from previous limited partners   —  Venture capital firm Andreessen Horowitz has raised $1.5 billion for its fifth fund, maintaining its position as one of Silicon Valley's best-capitalized investors.
Jun 10, 2016, 2:10 PMIn context
Dan Primack / Fortune:
Sherpa Capital raises $172M for Sherpa Ventures II, a new early-stage fund, and $298M for Sherpa Everest, a mid-stage fund   —  Sherpa Capital, the San Francisco-based venture capital firm led by Shervin Pishevar and Scott Stanford, on Thursday announced that it has raised $470 million for a pair of new funds.
Jun 9, 2016, 12:30 PMIn context
Dan Primack / Fortune:
Home WiFi startup Eero raises $50M led by Menlo Ventures, expected in Best Buy stores this summer   —  Eero, the maker of home Wi-Fi devices that use multiple access points to improve coverage, on Tuesday will announce that it has raised $50 million in new venture capital funding.
May 25, 2016, 8:05 PMIn context
Dan Primack / Fortune:
BlackJet, an on-demand private jet service launched by a team that included Uber co-founder Garrett Camp, shuts down   —  BlackJet, an on-demand private jet service created by Uber co-founder and chairman Garrett Camp, today informed members that it is “abruptly” ceasing operations.
May 7, 2016, 9:25 PMIn context
Dan Primack / Fortune:
Inside the acrimonious breakdown of Xfund, the early-stage VC firm with ties to Harvard University   —  Harvard-Linked VC Fund Goes Up in Smoke and Acrimony  —  When venture capital firms implode, it usually happens quietly.  Once all the lawyers and mediators and PR pros are done, the mess is cleaned up for public consumption.
May 4, 2016, 9:55 PMIn context
Dan Primack / Fortune:
Michael Arrington steps back from CrunchFund as Pat Gallagher is now the sole general partner on the firm's third fund   —  Michael Arrington Steps Back at CrunchFund  —  TechCrunch founder Michael Arrington is stepping back from some of his responsibilities at CrunchFund, the seed-stage venture capital firm he launched in 2011.
Apr 20, 2016, 5:20 PMIn context

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