Author: pekandesigns

 Shasta Ventures is promoting three of its principals to partner. Nikhil Basu Trivedi, Jacob Mullins and Nitin Chopra have all made it to this coveted venture capital milestone. Shasta has about $1.3 billion under management across its five funds. Notable exits include Dollar Shave Club, Nest, Apptio, SteelBrick and Skycure.  Read More Source: New feed

 Thanksgiving is all about family, friends and gratefulness. The following day, on the other hand, is dedicated to rampant consumerism and generally attempting to not get trampled by a stampede of fellow deal seekers. In honor of making your Thanksgiving weekend slightly less stressful than it has to be, here’s a roundup of some of […]

 Following consumer outrage over YouTube’s handling of disturbing videos aimed at children on its network, the company has now banned one of the more controversial kid channels it hosted, Toy Freaks. The channel, the 68th largest on YouTube with over 8.5 million subscribers, was often criticized for its vile and seemingly exploitive videos featuring a […]

 Danish startup Artland is building a social marketplace for the art world and its key players: Galleries and professional collectors, while also hoping an app-based approach helps onboard a new generation of art buyers. Read More Source: New feed

 There’s a glimpse of hope in new media as Axios just raised $20 million less than a year after its launch, the Wall Street Journal reported. The company already had a pretty big list of investors, and most of the startup’s existing investors are putting more money into Axios. Existing investors Greycroft Partners and Lerer Hippeau […]

 MoviePass, the subscription service that lets consumers pay a monthly fee to see unlimited movies in theaters across the U.S., is slashing its prices yet again. The company announced today it’s now offering its service for $6.95 per month, down from the current price of $9.95 per month, when customers commit to a one-year subscription […]

 Walmart says that it intends to be among the first companies to pilot Tesla’s new all-electric Semi heavy-duty truck. The retailer told CNBC that it’s “excited to be among the first” to test the new vehicle, and to see how it might help them achieve “long-term sustainability goals” including decreasing their overall emissions footprint. The […]

 So much for the holiday rush. Apple announced this morning that its premium HomePod smart speaker won’t be making the company’s initial December ship date. According to a brief statement issued by the company, the production process needs “a little more time” to bake. A spokesperson told TechCrunch, “We can’t wait for people to experience HomePod,… […]

 The food-delivery on demand space continues to heat up in Europe. Today, Deliveroo, the London-based startup that at the end of September announced a Series F of $385 million at a valuation of over $2 billion, today announced it is adding another $98 million into the round, led by T. Rowe Price Associates and Fidelity Management & […]

 Stitch Fix revised where it would price its IPO lower last night ahead of trading, and it looks like it helped approach the right sweet spot as a result when it made its debut today. The company saw around a 15% pop in its stock when it began trading this morning — the benchmark companies […]