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
Not a single dollar. Zero, nada, nil…
Today, we take a look at the major tech IPOs from 2018. The IPOs were few and far between in the overall market. We shine a spotlight on the eight tech companies that were able to debut their offerings on the Nasdaq and NYSE in 2018 as we anticipate some major IPOs for 2019 (Uber […]
Eight days into the new year and we have our first NYC Tech acquisition of 2019.
According to data from our friends at Crunchbase, there were 409 acquisitions of New York companies in 2018, up from 354 in 2017. Today, I shine a spotlight on 25 of these notable transactions involving NYC startups that were acquired in during 2018. I have included the acquiree, the acquirer, transaction amount (when available), as well […]
Stadium Goods, the sneaker multi-channel marketplace, has been acquired by Farfetch, the luxury fashion platform in a deal with an enterprise value of $250M.
NextGenVest, the financial advice platform powered by AI for Generation Z to understand their educational finances, has been acquired by leading student loan platform CommonBond. Terms of the acquisition were not disclosed.
Mic, the politically-focused media platform for millennials has been acquired by Bustle Digital Group for approximately $5M. Bustle Digital Group operates several sites catered towards the interests of the modern women. Mic this week laid off a majority of its staff in anticipation of this acquisition. This marks the fourth acquisition for Bustle and Goldberg, […]
NYC-based micro-learning content platform Grovo has been acquired by Santa Monica-based Cornerstone OnDemand, a publicly traded learning and human capital management software company for $24M in an all-cash deal. “The acquisition of Grovo helps fulfill the vision we had on day one for Cornerstone to improve access to education on a global basis. As leaders […]
Hospitality technology platform Reserve has been acquired by Resy to become the largest private reservation service in the US. Terms of the transaction were not disclosed. “Since we started selling Reserve table management in 2015, we’ve demonstrated strong growth by expanding our product offering and geographic footprint to provide an alternative system that’s actually aligned with […]
Social intelligence platform Synthesio has been acquired by Ipsos, the global market research company based in France. Terms of the transaction were not disclosed.