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...
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...
Doubling Down On Capital Efficient Non-traditional Entrepreneurs By Carey Lai and Paul Yeh We are both excited and humbled to announce our oversubscribed $200M Fund III, which brings total assets under management to $450 million. When we first launched Conductive Ventures in 2017, we had a vision...
How did we first meet? We first met Steven Jiang, Founder & CEO of HireEZ, over a bowl of Vietnamese Pho soup noodles during the summer of 2021. We were initially impressed by his scale and growth. I couldn’t believe I had never come across this...