CB Insights

OCTOBER 29, 2018

Zynga, creator of Facebook games Farmville, Mafia Wars, and about a dozen different types of online slot machine games, paid $210M in 2012 for OMGPOP, creators of DrawSomething!, Date: March 20, 2003. The mega-company reported a $45B write-down in 2003 and then a $100B yearly loss. Zynga and OMGPOP. Date: March 21, 2012.

Google 76

Google Software Innovation Company 76

PYMNTS

FEBRUARY 22, 2017

The cash infusion is geared toward helping the online lender build up a capital bulwark in an environment that has been a bit of rough sledding for financing done over the internet in general. Online marketplace for shipping, freight and transport services uShip had a strong close to 2016, said CEO Mike Williams.

Austin 122

Austin Online Texas Operations 122

PYMNTS

MARCH 2, 2020

Museums are putting their exhibitions online for people who want to visit but are unable to currently. Educators are putting coursework online so that children quarantined at home don’t have to miss out on key aspects of their education while school is closed or students can’t get there. Of course, there is no bright side to COVID-19.

Innovation 281

Innovation Online Video Maine 281

PYMNTS

JULY 18, 2016

The big daddy of the video rental industry at the time was Blockbuster , and it operated more than 4,500 such outlets. A year and $2 million in seed capital later, Hastings and a partner founded Netflix. By June 2003, DVD rentals overtook VHS rentals. So, too, are the cable operators. Fifteen percent of U.S.

Payments 100

Payments Video Marketing Course 100

PYMNTS

JUNE 10, 2019

In 2003, iTunes for Windows arrived in October 2003, allowing non-Mac users, the vast majority of the computing world, to buy music from Apple and sync it to an iPod for the first time. Social Finance, the online lender better known as SoFi, is losing three top executives this week. SoFi and Uber Reshuffle Their Upper Levels.

Apple 122

Apple Data social media Policies 122

CB Insights

AUGUST 14, 2018

. “While recent stories and reports of a new entity competing with the three major carriers in the United States grabs headlines, the reality is it would be a daunting task requiring tens of billions of dollars in capital and years to build sufficient scale and density to replicate existing networks like FedEx,” [Mike] Glenn said.

Bitcoin 78

Bitcoin Apple Industry Nebraska 78

CB Insights

MARCH 6, 2019

After soaring to a multi-billion-dollar valuation behind an iconic founder, a team of prominent backers, and a promise to revolutionize blood testing, Theranos officially ceased operations in 2018. Theranos was founded in 2003 by Elizabeth Holmes, then an undergraduate student at Stanford University’s School of Engineering.

Report 78

Report San Francisco Capital New York 78

CB Insights

APRIL 24, 2018

E-commerce sales growth is pulling ahead of total retail sales ( 17% vs. 6% for year-over-year in Q4’17), and Amazon is controlling upwards of 40% of online sales in the US, according to the US Department of Commerce and Slice Intelligence, respectively. ” — Alistair Davidson, CFO, Ikea.

Retail 59

Retail Trends Technology Branding 59

CB Insights

MAY 10, 2018

Expertise: An experienced operator’s perspective on a problem and the different ways that it can be solved. There’s a complexity to getting these tools operational that compounds at scale. Bain, which has helped hundreds of similar businesses undergo their “digital transformation,” has that deep operator expertise.

Strategy 78

Strategy Management Analytics Tools 78

CB Insights

AUGUST 14, 2017

” But imminent isn’t the issue; in this area, Amazon is a looming threat extending into all aspects of the online payments and financial-services ecosystems. As for Amazon’s ambitions in banking and card networks generally, note the rumors that Amazon was interested in buying Capital One in Q1’17.).

Industry 47

Industry Payments Analysis Retail 47

CB Insights

OCTOBER 16, 2018

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. 2003: Long-term thinking is rooted in ownership. In fact, in 2017, all of Amazon’s operating income came from AWS, a once-risky bet on a “dreamy” business idea.

Customer Experience 78

Customer Experience Innovation Company Technology 78

CB Insights

JUNE 17, 2020

In the wake of the outbreak, everything from doctors appointments to schooling to workouts went online. Education: Technology and online content make the classroom optional. Online courses & content. Retail: Shopping goes even more online as grocery joins the e-commerce revolution. Online grocery. 3D printing.

Industry 101

Industry Technology Online Video 101

PYMNTS

DECEMBER 3, 2020

But capital brings those concepts to life. And venture capital funding is up in the third quarter versus a year ago, although first round and seed funding activity has lagged, and investors seem to be interested in keeping their powder dry for relatively well-established companies. That’s the highest level since 2004.

Payments 168

Payments Innovation Capital Mobile 168

CB Insights

NOVEMBER 16, 2017

In venture capital, returns follow the power law — 80% of the wins come from 20% of the deals. Get the 65-page report on teardowns for Union Square Ventures, Andreessen Horowitz, Sequoia Capital, and more. JD.com took a huge risk by stepping into a major market and investor Capital Today made a $2.4B

Lending 78

Lending Capital Company Google 78