Wag, the pet care tech company reportedly valued at ~$650M after a $300M investment from SoftBank Vision Fund in January 2018, filed for bankruptcy on July 21
It's a huge $300M miss for Softbank, but I guess when you count Alibaba, ARM, Uber, DoorDash, and ByteDance among your hits you can afford to look silly when the dog-walking one flops Mastodon: Dare O...
Rover, an online marketplace for pet care services, agrees to be acquired by Blackstone in a $2.3B all-cash deal, or $11 per share; ROVR jumps 28%+
- Shares surge as much as 31%, most since company's IPO — Pet economy exploded in pandemic with wave of adoptions
Companies in Vision Fund's portfolio, like Wag and Fair, are struggling; sources say Oyo founder invested $2B in his company with a loan backed by Masayoshi Son
Other companies the huge tech investment fund has backed have struggled lately — SoftBank Group Corp. 's longtime strategy … Tweets: @rolfewinkler , @aaronlucchetti , @second_measure , @maxseddon , ...
Uber says drivers will remain contractors under AB5, as they aren't core to its business which serves as a platform for several types of digital marketplaces
Data Sheet Tweets: @nytimes : Uber won't comply with a new California law requiring contract workers to be reclassified as employees, saying drivers are not core to its business https://www.nytimes.co...
Pet-sitting startup Rover raises $155M round led by T. Rowe Price, bringing its total funding to $310M
Taylor Soper / GeekWire :
Pet-sitting startup Rover raises $155M round led by T. Rowe Price, bringing its total funding to $310M
When Rover started seven years ago, many in the startup community snickered. There was no real business model, they said. A marketplace that matched dog owners with caretakers wouldn't work, they sa...
Pet-sitting startup Rover raises $65M round led by Spark Capital for international expansion
Typically in today's technology world, startup founders sit on one side of the room, pitch ideas to investors, and hope to land funding for their company. — But when you're growing as quickly as Rov...
Dog-sitting platform Rover acquires rival DogVacay in all-stock deal, with Rover CEO Aaron Easterly leading the new firm
TechCrunch :
Dog-sitting platform Rover raises $40M Series E round led by Foundry Group, bringing its total funding to date to $91.5M
Taylor Soper / GeekWire :
Dog-sitting platform Rover raises $40M Series E round led by Foundry Group, bringing its total funding to date to $91.5M
What started as a fun project born at a Startup Weekend event has turned into a potential billion-dollar company that is gearing up for an IPO.