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French startup Oui Open, also known as PopupImmo, is merging with its American competitor Storefront for an undisclosed amount of money. The two entities will soon provide a global marketplace of pop-up stores so that brands can open a bunch of stores on multiple continents using the same service. From what I understand, Oui Open is merging with Storefront but keeping the Storefront inventory… Read More
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Ah, supply invoicing. As a lad my dear old father used to dandle me on his knee and speak of the great supply invoice systems of yore. He came from an era when supply managers were giants, men and women of valor. “Don’t go tryin’ anything new in Logistics, wee Johnny,” he’d say, pipe tobacco dribbling onto his sweater. “The old ways are best ways,… Read More
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Following a major milestone for the domestic drone industry last week, industry insiders are expecting a big uptick in dollars invested in U.S. drone-tech companies — just maybe not an immediate one. As we previously reported, the U.S. Department of Transportation and the Federal Aviation Administration implemented Part 107, or Small Unmanned Aircraft Systems rules, bringing some… Read More
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Squire, a company that launched last week at Y Combinator’s Summer ’16 Demo Day, makes software for barbershops. Not salons or beauty parlors or wherever else you get your hair cut… just barbershops. So what makes a barbershop so unique that it warrants its own software platform? A few things. First, most customers book a barbershop appointment the day of service, not weeks… Read More
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Pinterest said it has hired Li Fan, the former head of image search at Google, as the company’s new head of engineering. Much of Pinterest’s most promising technology involves searching for objects within photos and then using that technology to rank and display the most relevant content to users, whether that’s through search or the traditional feed. Users searching for… Read More
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We’re hearing from sources that Postmates, which is among a few companies that are seen as operating in the difficult on-demand space, is raising at least $100 million in a round led by Founders Fund. Sources stressed that the round has not closed, and that things may change over time. Despite the challenges of working in an on-demand economy — which can sometimes lead to… Read More
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Like most VCs, we see dozens of deals each week. We’ve developed a funnel that enables us to quickly eliminate those that don’t fit our general investment criteria. The deals that survive this initial process are subjected to greater scrutiny. In the end, we invest in a small percentage of the deals we review. When we decide not to invest, we always explain the reasons to the founders. Read More
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David Haase, a former employee of the beleaguered San Francisco-based firm Rothenberg Ventures Management Co. (RVM), is suing the firm and its founder, Mike Rothenberg, saying he was asked to run up $109,352.20 in business expenses on an American Express at the direction of Rothenberg and never repaid for that amount. In his lawsuit, filed last week in San Francisco, Haase says he… Read More
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The real estate rental market is a highly localized, relationship-based industry driven largely by individuals living and working in their own cities, causing many to acknowledge the longstanding difficulty of streamlining disruption to this market. In recent years, however, that hasn’t stopped a multitude of innovators from seeking novel ways to improve the process’s efficiency. Read More
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