• Kroger And Rivals In Talks To Buy Wholesale Startup Boxed For Up To $500 Million

    11 monthes ago - By Forbes

    Online wholesale startup Boxed is in talk with Kroger and several Big Retail rivals for an acquisition that could reach $500 million - and take another independent commerce startup off the market.
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  • Router startup Luma acquired by Newell reportedly for $10 million-plus

    Router startup Luma acquired by Newell reportedly for $10 million-plus

    11 monthes ago - By Biz Journals

    Luma, which developed a Wi-Fi mesh router, raised $22 million from Andreessen Horowitz, Google Ventures, and the Amazon Alexa Fund. Luma wil be rolled into Newell's First Alert business which makes connected smoke detectors.
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  • A Walmart executive who sold his 1st startup for $6 million, 2nd startup for $550 million and 3rd startup for $3+ billion reveals how to become wildly successful

    A Walmart executive who sold his 1st startup for $6 million, 2nd startup for $550 million and 3rd startup for $3+ billion reveals how to become wildly successful

    11 monthes ago - By Business Insider

    Marc Lore is the president and CEO of Walmart eCommerce in the US.
    He founded Quidsi and sold it to Amazon in 2011 for over $500 million. Then he founded Jet.com and sold that to Walmart in 2016 for $3 billion and stock. His first startup was acquired for $6 million.
    Lore says radical transparency, choosing the right cofounders, knowing finance, and selling to the right company are key to his success as a business person.
    Marc Lore's first big startup sold diapers before it was bought by Amazon for more than $500 million. But after it was acquired, Lore says he felt let down.
    "It was this...
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  • A Walmart executive who sold his 1st startup for $6 million, 2nd startup for $550 million and 3rd startup for $3+ billion reveals how to become wildly successful

    A Walmart executive who sold his 1st startup for $6 million, 2nd startup for $550 million and 3rd startup for $3+ billion reveals how to become wildly successful

    11 monthes ago - By Business Insider

    Marc Lore is the president and CEO of Walmart eCommerce in the US.
    He founded Quidsi and sold it to Amazon in 2011 for over $500 million. Then he founded Jet.com and sold that to Walmart in 2016 for $3 billion and stock. His first startup was acquired for $6 million.
    Lore says radical transparency, choosing the right cofounders, knowing finance, and selling to the right company are key to his success as a business person.
    Marc Lore's first big startup sold diapers before it was bought by Amazon for more than $500 million. But after it was acquired, Lore says he felt let down.
    "It was this...
    Read more ...