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Scoop: Quiet juggernaut Ashley Furniture makes $1B acquisition Ashley Home Furnishings last week announced an acquisition of Resident Home, an Indiana mattress maker that primarily sells via direct digital marketing. The big picture: Few media outlets picked up on it, likely because Ashley neglected to mention that it...

Funding to accelerate investment in the Company’s customer-centered retail AI platform MOUNTAIN VIEW, Calif., March 14, 2024 (GLOBE NEWSWIRE) -- MOUNTAIN VIEW, California — March 11, 2024 — Lily AI, ("Lily” or the "Company”), a retail technology platform specializing in AI solutions for retailers and brands, today...

Pet-grooming software company Moego raises $24M Moego, a payments and scheduling software company for pet groomers,raised $24 million in Series A funding led by Base10 Partners, the companytells Axios exclusively.Why it matters: Investors have been betting on the growing number of petsin the country — and...

By Carey Lai, Robin Chan and Veda Patel Getting into one’s dream college can often be a life-changing event. But the college admissions process has become increasingly competitive and stress-inducing, leaving many students and their parents feeling helpless. College admissions counseling has long existed to help...

DraftKings Reaches Agreement to Acquire Jackpocket for $750 Million Transaction Expected to Drive $60 Million to $100 Million of Adjusted EBITDA in Fiscal Year 2026 February 15, 2024 16:24 ET| Source: DK Crown Holdings Inc.   BOSTON & NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG)...

By Carey Lai   With the Federal Funds rate having gone from 0% in February 2022 to 5.25% today, gone are the days when capital no longer has a cost. In an elevated interest rate environment, VCs and CEOs alike have now shifted from a “growth at...

After a CEO finds product-market fit, the inevitable question he or she asks is, “How fast do I grow to raise my next round?” It isn’t a simple question. Unfortunately, the venture community creates oversimplified benchmarks around minimum revenue growth rates of 2x, 3x or,...

Conductive Ventures raised a $200 million Fund III to continue its focus on investing in founders where other venture capital firms did not see the potential. You might remember our profile of the firm back in 2018 when it officially launched with a $100 million enterprise fund. Carey Lai...