Each year, our funds define specific areas of investment focus for the year. We then do a mid-year review of each of these and adjust our approach if necessary. Most often, this mid-year correction is modest, just a tweak or lane change. But this summer, we felt that changes in our immersive experiences and content […]
Food52, the content and commerce destination for those interested in cooking and food that has an active community of over 16M, has been acquired by TCG Capital Management, an affiliate of The Chernin Group, the media holding company founded by broadcast executive Peter Chernin in 2009. The exact terms of the transaction were not disclosed […]
More than one-third of Americans are active participants in the gig economy, and according to an Upwork survey of 6,000 people, 64 percent of freelancers found work online. Write Label, the crowdsourced platform for short-form writing, is strategically positioned to connect the best creative writers with potential projects that include ad scripts, social media campaigns, […]
How-to videos are more popular than ever and Instagram Stories and Snapchat has made How-to videos a preferred medium to learn and teach new things. NYC startup Jumprope‘s platform empowers people to create how-to videos through a unique step-by-step format that allows anyone to build an informational how-to video without any previous video editing or specialized skills. […]
TodayTix has become synonymous with Broadway and for good reason. This six-year-old NYC startup is responsible for selling 8% of all Broadway tickets. The design and data-centric platform is being used to discover and purchase discounted tickets for the hottest shows in major cities that include London, Los Angeles, and Sydney. Already used by 5 […]
Cheddar, the digital-first video news network, has been acquired by Altice USA, the US unit of Dutch cable provider Altice, for $200M in an all-cash transaction. Altice USA was formed when Altice acquired Optimum from Cablevision. Altice had been a distribution partner for, and investor in, Cheddar. “The Altice team and Altice Way are as […]
Bryan Goldberg and Bustle have scooped up The Outline, a digital news publication launched in 2016 by Joshua Topolosky. Terms of the transaction were not disclosed but all signs point to this being an acquihire as The Outline shed the majority of its staff in the Fall of 2018.
Over 70% of marketers say that relevant and engaging content creation is the most effective SEO tactic and brands with the most successful marketing campaigns share the ideology of “show don’t tell”. Ceros is the all-in-one digital canvas that enables brand marketers to build digital experiences at scale without code. Each product created through the platform is […]
Generation Z is spending less time watching TV and a lot more time staring at their smartphone screens. Any media company that wants to stay relevant has to create consumable content for smartphones, and Overtime is the sports media company that fills the hole in the market for Gen Z sports fans. Overtime is a […]
Streaming music service Spotify has acquired two NYC podcasting startups – Gimlet Media and Anchor. Terms of the transactions were not disclosed but reports pegged Gimlet’s acquisition price to be north of $200M
New York Venture Partners’ Managing Director Trace Cohen shares his predictions for tech for 2019 and takes a look at how his 2019 predictions fared.