According to data from our friends at Crunchbase, there were 354 acquisitions of New York companies in 2017, up from 238 in 2016. Today, I shine a spotlight on 13 of these notable transactions involving NYC startups that were acquired in during 2017. I have included the acquiree, the acquirer, transaction amount (when available), as […]
Walmart
#NYCtech Week in Review: 10/1/17 – 10/7/17
With so much going on in the city’s thriving ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of a few of things that you may have missed in NYC Tech News this week including the fundings, exits, and events. CLICK HERE TO SEE WHAT HAPPENED IN NYC […]
NYC Last Mile Delivery Startup Parcel Acquired by Walmart
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 […]
#NYCtech Week in Review
4 Strategies for a Successful Pitch to a National Retail Chain
Getting your product into a big-box store is a dream for many entrepreneurs. Here’s how one company nailed the opportunity. Sam’s Club’s “30 Minutes to Win It” event is a way for small vendors to get in front of some of the most important buyers in the world. It started in 2014 and saw tremendous success. […]
Twitter Has Most Social #BlackFriday Ever
What big of a role is social media is playing on Black Friday shopping and advertising? Spredfast director of analytics and research Chris Kerns shares some of the data.
10 NYC Startups That Will Make Your Holiday Shopping a Breeze
Black Friday. Cyber Monday. And that’s just the beginning. From now until, well, just about the end of the year, it’s going to be a shopfest, whether you like it or not, because just about everyone has to get something for someone. Sure, we can go through the list of apps that’ll help – Amazon […]
How Walmart Uses Receipts to Personalize Mobile Marketing
While e-receipts and retail loyalty card programs have been around for years, few have made the move to mobile. Last week, Walmart rolled out a new twist on the e-receipt, giving customers the option to save them to their mobile applications. Rather than email receipts,which are often forgotten or deleted, mobile e-receipts are treated as pieces […]
Entrepreneurs: Never Play Fair
When you are starting a new company you are, by definition, the underdog. Your market may have established competitors with massive resources, or maybe the market is new and unproven. As the underdog you are at a disadvantage in the game of business and if you play the game by the rules you will lose. […]
3 Untypical Ways Brands Use Geographic Personalization
We know about the conventional ways of geotargeting – directing customers to localized e-stores, showing the right language, currency and shipping options, serving the right catalog for a given zip code, etc. But what about the quirky and creative ways brands target different locations? Watching the weather Budweiser’s Ice Cold Index serves temperature-dependent discounts through […]
The Correct Answers to ‘How Will you use my Money’ When Investors Ask
Entrepreneurs looking for investor funding often fail to realize that all money comes with strings. For example, if you have watched the Shark Tank TV series, you probably noticed that the Sharks always ask the entrepreneurs for their intended “use of funds.” Those who respond with one of the wrong answers, such as “I want […]