unicorn

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Doomed-i-corns: Unicorns Seemingly Reach a Tipping Point

Unicorn Magic This morning, the law firm Fenwick & West published new findings about all the U.S.-based unicorn financings that took place during the last nine months of 2015. It’s rife with interesting nuggets, but perhaps most fascinating is that in the fourth quarter of last year, half of the 12 rounds it tracked featured valuations in the $1 billion to $1.1 billion range — and with… Read More

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Gilt’s Unicorn Tale Comes To An End After Being Acquired For $250M

gilded ceiling Hudson’s Bay Company, the owner of department chain stores like Saks Fifth Avenue, said today it was acquiring Gilt Groupe for $250 million. The sale still represents a tough end to the story of Gilt. The startup was one of the original darling flash-sale sites coming out of New York. But that whole market has found itself challenged by slim operating margins, its initial popularity… Read More

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Utah’s Unicorns, How “Silicon Slopes” is Gaining Momentum

salt lake city, utah Four of these fabled creatures popped up along the Wasatch this last year, including Omniture founder Josh James’ business intelligence platform Domo. There’s also Pluralsight, Qualtrics and InsideSales – with several more “soonicorns” in the ready. Utah has seen the most economic growth in the nation for the past two years, with tech leading the charge. But many… Read More

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TC Cribs: Credit Karma’s Gorgeous Historic Office Meets Startup Style

Credit Karma This week’s episode of Cribs takes us to free credit and financial management platform Credit Karma. This growing financial startup just put the finishing touches on its new office space in the Phelan – a historic building in downtown San Francisco that also houses Nextdoor and Medium.
The Phelan sits just off of Market Street in San Francisco’s bustling financial district. Read More

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