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Billtrust’s First Institutional Investor Sells Stake

PYMNTS

Edison Partners Managing Partner Chris Sugden said, “ Billtrust Founder and CEO Flint Lane was a visionary in 2001, continues to be the leading innovator in B2B billing payments, and pioneered payment cycle management today.

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

The Sad State of Corporate Innovation. See how corporates are failing when it comes to innovation. Download the free 31-page State of Innovation report. While Google excelled in building software, it lagged behind in hardware and product innovation. Date: September 3, 2001. Microsoft and Nokia. Price: $7.9B.

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21 Lessons From Jeff Bezos’ Annual Letters To Shareholders

CB Insights

The online bookseller didn’t turn a profit for six years — today, it’s the second publicly traded company ever to hit a $1T market cap. 2013: Decentralize decision-making to generate innovation. 2011: Self-service platforms unlock innovation. 2004: Free cash flow enables more innovation.

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17 Of The Biggest Startup Frauds Of All Time

CB Insights

Few places are more receptive to new ideas and innovative business models than Silicon Valley. Pixelon: Online video vaporware. In January 2018, Outcome settled all pending lawsuits by the company’s investors on the condition that Shah and Agarwal step down from their leadership positions. Total Funding: $1.1B.

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