Flatiron School, the NYC-based coding school, founded in 2012 by Adam Enbar and Avi Flobaum has been acquired by coworking behemoth WeWork. Terms of the deal were not disclosed. Enbar remarked, “In WeWork, we’ve found a partner who shares the mission we’ve had since the beginning: to enable passionate people to learn the skills they need to pursue […]
Not to be outdone by Walmart’s acquisition of Parcel today, Amazon has acquired NYC startup Body Labs, the 3d scanning platform for the body. While the terms of the deal were not disclosed, it is has been speculated that the purchase price was between $50-70M. Founded in 2013 by Michael Black, Eric Rachlin, Bill O’Farrell, and Alex Weiss, Body […]
Parcel, the last-mile delivery company, founded in 2013 by Jesse Kaplan has been acquired by Walmart. Terms of the deals were not disclosed although a Walmart representative mentioned in a blog post that this acquisition was less in value than recent acquisitions (Jet $3.3B, Bonobos $310M). The acquisition will allow Walmart to offer same delivery […]
Plated, the meal kit company, founded in 2012 by Nick Taranto and Josh Hix has been acquired by super market behemoth Albertsons. Terms of the deal were not disclosed. Hix remarked, “Joining Albertsons Companies presents an amazing opportunity to accelerate our positive impact on the future of food in America by making fresh, delicious food more […]
Financing merger and acquisition activity is much different than funding stand-alone growth with venture capital, as the investors are vastly different.
Walk through Jason Nazar’s mind as he sold Docstoc to Intuit. A play by play guide for all founders when considering selling their company.
It is unclear if Masayoshi Son, Chairman of Softbank, was one of the 17 million YouTube viewers of Boston Dynamic’s Big Dog before acquiring the company for an undisclosed amount this past Thursday. What is clear is the acquisition of Boston Dynamics by Softbank is a big deal. Softbank’s humanoid robot Pepper is trading up her […]
As a bootstrapper, I had a complicated relationship with the topic of acquisitions. I rejected the idea that an exit strategy was an important part of running a great business. First, I believe that entrepreneurs are conditioned by our media, society, peers, and their investors (if they have them), to think that selling their business […]
BREAKING NEWS: Krossover, the sports video analysis and statistics company was just acquired by Dallas-based Blue Star Sports, a sports management firm. The terms of the acquisition were not disclosed. Founded in 2008 by Vasu Kulkarni who we interviewed last week for our Inside the Mind of NYC VC series (Kulkarni also runs sportstech-focused VC […]
Like most entrepreneurs, I wasn’t CEO of my first startup. While I had a fair share of the company, I owned far less than the CEO who, in addition to having had the concept, also initially bankrolled us. For the most part, this didn’t matter. Like most good founding teams, we had complimentary skill sets […]