Aug 14- Poshmark, an online service that helps people buy and sell second-hand clothing, is in talks to raise more than $50 million in a funding round that could value the startup at roughly $600 million, people familiar with the matter said on Monday. There is no guarantee Poshmark will receive funding at the $600 million valuation it is seeking, the people said.
In an open letter on Monday, Benchmark suggested that there's more to the scandals at Uber than is revealed in the 'Holder report' summary.
Benchmark said in an open letter on Monday that Kalanick has remained involved in the day-to-day operations of Uber, undermining the CEO search.
Edmund Lee, Recode managing editor, shares his thoughts on stiff competition faced by newcomers Snap and Blue Apron with tech giants Facebook and Amazon.
Patrick Grove, CEO of Catcha Group, tells CNBC about going through hundreds of meetings before finally securing funding for iflix.
Patrick Grove, CEO of Catcha Group, talks about how venture capital funding in Southeast Asia has grown in recent years.
A shareholder group — including investors Shervin Pishervar, Ron Burkle and Adam Leber — are demanding Benchmark divest some of its shares.
As details of Benchmark Capital's lawsuit against Uber's CEO unraveled, several founders were quick to recoil on Twitter, Recode reports.
Graves' role at Uber is somewhat mysterious.
Ryan Graves — one of the company's first employees, the first CEO, and one of its biggest shareholders — said he will transition out of his operating role.
"Our business has opportunity to grow," Matthew Salzberg tells CNBC.
Wall Street and Snap could become friends again tonight — Snapchat just needs 175 million users to make it happen.
Shares of Blue Apron plummeted more than 15 percent on Thursday after the company said it was encountering unexpected costs tied to the start up of its new Linden, New Jersey, facility.
SAN FRANCISCO, Aug 9- Essential Products, the smartphone startup founded by a co-creator of the Android mobile operating system, has raised $300 million in new funding and signed up retailers to sell its first device, it said on Wednesday. Retailers include Best Buy, Amazon.com and carriers Sprint Corp in the United States and Telus Corp in Canada, Essential said...
Shkreli is listed as CEO, while Ralph Holzmann, previously a senior engineer at Twitter, is chief technology officer.
About 500 jobs out of Uber's workforce of 15,000 could be affected, a report in the Wall Street Journal said.
Sam Caucci, 1Huddle CEO, explains how his web-based learning videos are helping workers to learn new skills.
Wombi Rose, LovePop CEO and founder, discusses how his start-up company is interrupting the greeting card industry by offering consumers beautifully-crafted 3D creations.
An early backer of gaming start-up Razer wasn't initially delighted with its business proposition.
"I remember feeling disappointed a little bit, a little burned by the relationship," former Uber CEO Travis Kalanick said in a deposition.