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Alison Pincus, along with Susan Feldman, seized an opportunity when they founded One Kings Lane in 2009: The recession. Looking to offer exclusive discounts and flash sales to users on curated high-end, vintage and designer home décor furniture and accessories, the ecommerce platform became a beloved brand during this down time. And it [...]
Every startup team dreams of their company being acquired for billions of dollars. That desire is further fueled by the recent incredible rate of disruptive tech startups acquisitions. A lot of money is being thrown around hoping to land the newest hot technology. When Facebook dropped $19 billion for WhatsApp in late 2014, [...]
Tony Conrad is a Silicon Valley veteran, who has been on both sides of the tech industry as an investor and a founder. He is currently the co-founder and CEO of About.me, a social platform that wants to be "the web’s starting point for identity." Think an all-encompassing one-page public profile with [...]
How do veteran players feel about new draft pick? Along with the initial excitement there may be a considerable amount of upset. Much the same thing happens when a new rock-star employee or a coveted hire joins a company and is celebrated as the second coming, leaving everyone else feeling like [...]
I've been on both sides of an acquisition over the course of my career. While there is often a lot of discussion on the logistics of the transaction, such as finding the right acquirer, negotiation tactics, whether to do a stock vs. asset sale structure, an important topic is too often ignored: post-acquisition [...]
If you’re the owner of a small- to medium-sized business, it’s always a good practice to have an eye on the market for mergers and acquisitions -- Buyers are reemerging after a bit of a lull last year. Recent data shows an 11 percent gain year-over-year in the number of middle market [...]
When an entrepreneur decides it’s time to sell her company, it’s hard to know where to begin. With so many legal and financial steps to follow, it can be an overwhelming task to manage and follow through. When going through the 2013 acquisition of my company, Sonicbids, I learned some [...]
Imagine a place where you can find the next cutting-edge soft-ware tool or business app that will streamline your operations, enable you to enter a new market or give your business a competitive edge. That place already exists. It’s a year-old website called Product Hunt, and according to its 28-year-old founder, Ryan [...]
A lot of people contemplate starting an online business but get cold feet because they don’t believe they have the resources available to get it off the ground successfully. It’s a poor excuse: Some of the largest website sales in history started as personal blogs -- one-person shows that morphed [...]
Not every self-made millionaire has to achieve his/her status by creating something groundbreaking, such as the assembly line, Facebook, Microsoft or Apple. History tells us that even the simplest—and sometimes trivial—idea can be marketed correctly and sold for a fortune. Here are ten unlikely inventions that made their creators millions [...]
Have you ever seen a product or business and thought, “Why didn’t I think of that?” While people daydream every day about striking it rich, only some have been lucky enough to come up with a million dollar idea. Some entrepreneurs have found success with everyday products, like clothing and [...]
At the age of just 21, Alex Tew made a fortune from the shockingly simple idea of selling space online. In 2005 he set up a web page where companies could buy space to advertise their wares at a cost of $1 (68p) per pixel. What was originally supposed to [...]
