There were 405 acquisitions of New York companies in 2019, down from the 409 in 2018. Today, I shine a spotlight on 22 of these notable transactions involving NYC startups that were acquired during 2019. I have included the acquiree, the acquirer, transaction amount (when available), time from founding to exit (the average for this group was 6.14 years), as well as investors and total funding raised by the target.
Restaurant reservation and management platform Resy, which calls itself the largest private reservation service in the US, is being acquired by American Express. Terms of the transaction were not disclosed. “American Express is a brand that we have admired and sought to partner with from our inception. There are myriad points of synergy between Resy […]
Lowe’s is testing whether new robots on wheels can improve its customer service, like helping a shopper find a match for something as simple as a nail.
Before I started my small business, I was caught up in the corporate world. Large corporations have money by the bucketful and a number of departments to help them implement policy, however they lack the speed and flexibility of small businesses that can turn on a dime. Working in a small business environment is much […]
James D. Robinson III, Director of The Coca-Cola Company since 1975, is a veteran of the venture capital and business management industries. Prior to his work with Coca-Cola, Robinson was the CEO of American Express. He held the position for 16 years, starting at the age of 41. As CEO, Robinson helped the company acquire […]
Well, the Halloween candy is now on clearance and the plastic turkeys are on display. That can mean only one thing: we’re at the cusp of Holiday Shopping Season! As someone who spends all day, every day thinking about the best way to get the right message to the rightperson at the right time, the […]
The presenters of the evening covered everything from making dating a blend of old and new school, to swapping gift cards for ones from stores you actually like, to cutting medical costs. About 50 people filled one of the rooms in the Cushman & Wakefield offices, on Sixth Avenue, Wednesday night to hear what […]
Finally, New York City offers an all-day ‘hackathon’ for marketing and product development. StrategyHack, organized by The Inventure Co., brings together marketers and early-stage startups for a day of hacking together marketing strategies. The first Hack was hosted in March and the second has been planned for June. Applications are open to marketing strategists and […]
Social Media Week is fast upon us and with it comes the difficult decision of what to attend. With so many good speakers, 224 events and after-parties, how do you get the most out of this week while still pretending to go to work and attempting to grab longer periods of rest than the quiet […]