Qajc LifeLock Acquires Music Sharing Platform Bop.fm; Site To Shut Down
Industry Ventures, which is also an LP in over 200 venture funds, has $2.7 billion in capital under management right now. The new fund, Industry Ventures Secondary VIII, is the firm 聽largest fundraise to date. Yet Hans Swildens, CEO and founder of Industry Ventures says they st
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ill have plenty of capital from existing funds and they aren t ready to deploy this next fund yet. We raised the money earlier so we re prepared in case there is some sort of need for a liquidity provider at scale, he told TechCrunch.There has been a big disconnect between buyers and sellers in the secondary market as of late. While there have been plenty of people
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looking for liquidity, bubble fears have meant that buyers have been unwilling t
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o pay the existing sky-high valuations. And sellers have been reluctant to give up shares at a discount. This year has been a year where a lot of the buyers in the secondary market have taken a pause, said Swildens. There s a demand-supply imbalance today and he Cgpg HandUp just expanded its gift card program for homeless people in SF
According to an eBay spokesperson, the eBay Now service is moving to core. That is, the service will no longer exist as a standalone application but will instead be folded into eBay ;
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s main mobile app and website.The delivery service, which originally launched in San Francisco in 2012, later expanded into San Jose, the Bay Area Peninsula, Manhattan, then聽Brooklyn and Queens, and finally聽Dallas and Chicago. Its further plans to expand to聽25 markets by the end of 2014, however, did not come about.The company also聽acquired a U.K.-based same-day delivery startup called Shutl in October 2013, and by spring 2014, Shu
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tl was put in charge of delivery instead of eBay operating its own fleet of drivers.A number of big-name retailers had signed up to participate in eBay Now, including The Home Depot
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, Target, Macy s, GNC, Walgreens, Best Buy, Toys R Us, Office Depot, Urban Outfitters, RadioShack and AutoZone, to name several. Though many of eBay Now biggest retailers al