Category Archives: business

Tantan, China’s top dating app, raises $70M for monetization and overseas expansion push

 Chinese startup Tantan, which is probably most comparable to Tinder, has raised $70 million in new capital as it looks to monetize its business for the first time and explore overseas expansion options. Three-year-old Tantan claims 60 million ‘validated’ users — i.e. not fake accounts — of which six million are active on a daily basis. Of those active users, 75 percent… Read More

Founder’s Corner: Wealthfront’s Andy Rachleff on growing a business

 Omidyar Network’s Emerging Tech team has launched the second season of its podcast, Founder’s Corner, with lessons from today’s premier founders and CEOs. We will be speaking with some of the top executives in tech. This season features investor and entrepreneur Reid Hoffman, Yancey Strickler, CEO and cofounder of Kickstarter, Gina Bianchini, CEO and founder of Mighty… Read More

Don’t cry for me, Ubertina

 Uber has been in trouble for a while. The company was built on a bro-tastic, anything goes attitude that goes way back to God View and the targeted harassment of journalists. In short, it was built on an original sin that was never washed clean. There are two takeaways circulated in the valley this week regarding Travis Kalanick departure. The first is similar to this one: Travis leaving Uber… Read More

Pebble founder Eric Migicovsky and Airbnb growth lead Gustaf Alstromer join Y Combinator

 Y Combinator is officially adding three new team members to its roster this morning. Gustaf Alstromer, formerly product leader of Airbnb’s growth team, is joining YC as a partner. Meanwhile Pebble founder Eric Migicovsky is taking a visiting partner role and Jocelyn Robancho is coming on board to assist with organizing YC’s startup batches. Though Alstromer and Migicovsky… Read More