Sources: e-commerce roll-up firm Kite, which was cofounded by Blackstone in 2022 and closed a $200M equity commitment, shut down earlier in 2024
Natasha Mascarenhas / The Information : X: @nmasc_ X: Natasha Mascarenhas / @nmasc_ : Scoop: Behind the shut down of a Blackstone-founded e-commerce roll up startup. Kite, which launched with a stack...
Equity management service Carta cuts 10% of its staff, impacting up to ~200 employees, and sues its former CTO; the company was valued at $7.4B in August 2021
Natasha Mascarenhas / TechCrunch :
Instacart says it plans to hire 250K more shoppers and extends availability of COVID-19 sick pay for the duration of the COVID-19 crisis
Natasha Mascarenhas / TechCrunch :
WordPress.com owner Automattic says it will buy Tumblr from Verizon, take on ~200 staffers, and keep the porn ban; source says Automattic paid less than $10M
It is not surprising that the news … Ana Valens / The Daily Dot : Tumblr's getting a new owner; does that mean porn is back? Natasha Mascarenhas / Crunchbase News : A Brief On Tumblr's Funding History...
Berlin-based Spark Networks to acquire San Francisco-based dating startup Zoosk for ~$255M
Natasha Mascarenhas / Crunchbase News :