gilt groupe

  • Aol Confirms Susan Lyne As CEO Of Brand Group, Artie Minson Out As COO Role Goes (Memo)

    Aol Confirms Susan Lyne As CEO Of Brand Group, Artie Minson Out As COO Role Goes (Memo)

    Aol today confirmed a couple of big changes at the top of the company, as first reported yesterday by Bloomberg and AllThingsD. Susan Lyne, the exec who had previously been at Gilt Groupe, is the new CEO of Aol’s Brand Group (including TechCrunch). Meanwhile, Artie Minson is stepping down as COO as the role gets restructured. Read More

  • One Kings Lane: From The LAX Arrivals Terminal To $200M In Revenue

    One Kings Lane: From The LAX Arrivals Terminal To $200M In Revenue

    As Susan Feldman waited outside the Southwest Airlines arrivals terminal at Los Angeles International Airport in October 2008, she had a nervous feeling in her stomach, which she compares to blind date jitters. Except this wasn’t your traditional blind date. Feldman was meeting Ali Pincus, her soon-to-be co-founder, for the first time. They had spoken over the phone after a mutual friend… Read More

  • Jetsetter Moves Beyond Flash Sales: Recommendations Now A Third Of Its Business

    Jetsetter Moves Beyond Flash Sales: Recommendations Now A Third Of Its Business

    Jetsetter, the exclusive travel community for globetrotters, seems to be on a roll. In recent days, the company has announced a dozen some new corporate partners, a handful of new sale formats to entice customers, and new distribution partnerships with high-profile sites like Kayak, The Economist and the vacation rental service HomeAway. But while many think of Jetsetter as a flash sales… Read More

  • GroupMe's Steve Martocci on Summer Internships

    GroupMe, Gilt Groupe, Jon Bon Jovi Launch SummerQAmp To Create More Quality Assurance Jobs

    Unemployment continues to be an issue here in the States, but the tech industry could prove a very valuable resource when it comes to building out the American work force. That said, I sat down with GroupMe co-founder Steve Martocci who may have a plan to help solve the problem. In conjunction with former White House CTO Aneesh Chopra, musician Jon Bon Jovi, and Gilt Groupe’s Vice… Read More

  • Announcing The 2011 Crunchies Finalists And Tickets On Sale Now

    Announcing The 2011 Crunchies Finalists And Tickets On Sale Now

    The nominations have been tabulated and the votes are in. Over 300,000 nominations were calculated across 20 categories. Along with our partners GigaOm and VentureBeat, we are very proud to announce the finalists for 2011’s best in technology. Voting begins now. For 2011, we’ve added some new categories. Best Location App, Best Cloud Services and Biggest Social Impact join the… Read More

  • Gilt Goes Global; Expands Flash Sales Site To Over 90 Countries

    Gilt Goes Global; Expands Flash Sales Site To Over 90 Countries

    Flash sales giant Gilt Groupe is announcing major expansion plans to today, with the company’s e-commerce offering extending to over 90 countries. Additionally, Gilt will offer international customers free shipping for a limited time. Gilt’s international sites will offer daily flash sales on women’s men’s and kids clothes and accessories, as well as home decor… Read More

  • Gilt Groupe Debuts New Home Focused Retail And Curated Content Site To Take On One Kings Lane

    Gilt Groupe Debuts New Home Focused Retail And Curated Content Site To Take On One Kings Lane

    Flash sales giant Gilt Groupe has been steadily expanding its flash sales platform into a full-fledged e-commerce and curated content platform that reaches all major retail verticals including fashion, food, men’s clothing, and now the home. Today, Gilt is launching a brand new destination for home accessories and furniture, called Gilt Home. While Gilt has been offering home goods via… Read More

  • Gilt Groupe And Gogo To Offer Exclusive In-Flight Deals To WiFi Users

    Well this is interesting. Gilt Groupe is partnering with in-flight wifi provider Gogo to offer passengers exclusive in-air deals on the flash sales site. So when you log-on to Gogo WiFi on any Delta, United, Virgin America, Alaska Airlines and US Airways planes, you can find exclusive deals on Gilt. You’ll also be able to access Gilt for free (as opposed to paying the $4.95 minimum price… Read More

  • Who Is In The New Billion Dollar Valuation Club?

    Who Is In The New Billion Dollar Valuation Club?

    Recently I sat down with a well-connected Silicon Valley CEO who just raised a ton of money, and who knew of other startups raising even more. There is a new startup club of younger companies raising money right now at $1 billion valuations. I already knew a couple of them, but I started asking a few venture capitalists and now I have a pretty good list of who is in that club and who is… Read More

  • (Founder Stories) Gilt's Kevin Ryan—It Is All In The Presentation (TCTV)

    (Founder Stories) Gilt's Kevin Ryan—It Is All In The Presentation (TCTV)

    Chris Dixon wraps his Founder Stories interview with Gilt Groupe’s CEO and Founder, Kevin Ryan by discussing the early sales strategy of Gilt – a strategy that was designed to build customer and brand loyalty, but not the bottom line, at least initially. Revisiting the launch period around four years ago, Ryan says, “we were going to make $4,000 for us on a sale and I… Read More

  • (Founder Stories) Gilt Groupe’s Kevin Ryan Says There Is No Bubble (TCTV)

    (Founder Stories) Gilt Groupe’s Kevin Ryan Says There Is No Bubble (TCTV)

    Heading into TechCrunch Disrupt, New York, we pulled a couple excerpts from Chris Dixon’s freshly shot Founder Stories interview with Gilt Groupe’s CEO & Founder, Kevin Ryan. Ryan, who will be speaking at the conference dismisses talk of the so-called “tech bubble” and dives into the “renaissance” of the New York Tech scene. Responding to a recent… Read More

  • Exclusive: Gilt Taste Is Cooking Up An iPad App That Will Let You Swipe Without Touching

    Earlier today, Gilt launched the latest addition to its group-buying sites with Gilt Taste—a very pricey online purveyor of produce, meats, fish, cheese, and other “artisinal” foods. While it’s easy to get distracted by the jaw-dropping prices ($50 steaks anyone?), the part I find interesting is that Gilt Taste is also an online magazine. Mouth-watering food… Read More

  • Gilt Groupe Nabs $138 Million From Softbank, Goldman, Other Investors

    Luxury group buying service Gilt Groupe is joining the mega-round bandwagon today with a new $138 million funding, led by Softbank, which took nearly half the round. Goldman Sachs, New Enterprise Associates, Draper Fisher Jurvetson Growth, Pinnacle Ventures, TriplePoint Capital and Eastward Capital also participated, as did existing investors General Atlantic and Matrix Partners. Gilt… Read More

  • Gilt Groupe Acquires Interior Design Community Decorati

    Flash sales giant Gilt Groupe has acquired home decor site Decorati. Terms of the deal were not disclosed. Founded by interior designer Shane Reilly, Decorati launched in 2009 as an online platform for both interior decorators and consumers who are looking for professional design advice and guidance. Decorati essentially aims to democratize the interior design community by bringing the… Read More

  • Group Buying Industry In U.S. Estimated To Grow 138 Percent To $2.7 Billion This Year

    Group Buying Industry In U.S. Estimated To Grow 138 Percent To $2.7 Billion This Year

    The group buying industry has sprung out of nowhere over the past two years. A new report (embedded below) by daily deal aggregator Local Offer Network puts the U.S. gross revenues across the industry at $1.1 billion last year, and estimates gross revenues will grow 138 percent to $2.7 billion in 2011. Groupon alone, according to other sources, is expected to bring in between $3 billion and… Read More

  • Nordstrom Acquires Flash Sales Site HauteLook For $270 Million

    In one of the larger exits so far in the flash sales business, retail chain Nordstrom has acquired flash sales site HauteLookfor $180 million in Nordstrom stock and three-year earn-out of up to $90 million. HauteLook has raised $41 million in funding. Thanks to the immense popularity of members-only, online sample sales, HauteLook has grown to 4 million members since launching in 2007. The… Read More

  • Gilt Gives The Ultimate Auto Deal For Christmas: $10,000 Off A Jetta

    Gilt Gives The Ultimate Auto Deal For Christmas: $10,000 Off A Jetta

    It looks like you’ll soon be able to shop for cars on flash sales sites. Gilt Groupe has just announced a first-ever auto flash sale of a Volkswagen Jetta on the site. Beginning on Wednesday of this week, Gilt will sell 3 brand new 2011 Jettas to members at $5,995, which is down from a starting list price of $15,995. The company says the flash sale will take place over three days… Read More

  • The Biggest Gilt/Groupon Knockoff Network You've Never Heard Of (TCTV)

    The Biggest Gilt/Groupon Knockoff Network You've Never Heard Of (TCTV)

    We all know that the early success and insta-revenues of companies like Gilt Group and Groupon have inspired more clones than Jango Fett. But while profitable and growing, my impression was that most of them are one-off rounding errors compared to Groupon’s swelling revenue estimates – numbers that seem to go up in the press by $100 million every time they don’t have any… Read More

  • BaubleBar Raises $1.1 Million From Accel, Founder Collective, And Lerer Ventures

    Today, jewelry flash-sale site BaubleBar officially launched. Previously known as Eight1six, BaubleBar offers fashion jewelry at deep discounts for limited periods of time. The company was founded by Daniella Yacobovsky and Amy Jain, two recent Harvard Business School grads who previously worked in investment banking. The New York City startup also raised $1.1 million in a series A… Read More

  • Flash Sales Site Gilt Groupe To Open Traditional Online Retail Store For Men

    Gilt Groupe has made a name for itself, particularly in the United States, for operating a successful flash sales site that offers its members products and experiences at heavily discounted prices for a limited period of time. Now, the company is turning to traditional e-commerce for its next trick. Read More