• Sources: DST Global Led Mobile Shopping App Wish’s $500M Round

    Sources: DST Global Led Mobile Shopping App Wish’s $500M Round

    DST Global, Yuri Milner’s late stage VC fund, took the lead on the purported $500 million financing round invested in Wish, the mobile shopping app, according to people familiar with the matter. Forbes reported earlier that it had obtained SEC documents, which revealed Wish’s plans to raise $500 million by February. Forbes sources (as well as our own) pegged the valuation at $3… Read More

  • Shopping App Wish Raises $50 Million

    Shopping App Wish Raises $50 Million

    Wish, a social shopping site and mobile application, raised $50 million in new funding in a round led by Founders Fund, with participation from existing investors Formation 8, GGV Capital, Yahoo co-founder Jerry Yang, Legend Capital and others. In April, the company announced $19 million in funding from the same investors, minus Founders Fund. However, that round actually happened in… Read More

  • What I want for Christmas is my own private Chuck E Cheese

    Or, at least, an adult approximation. Some of my fondest memories from childhood are from birthday parties at places like this – if not Chuck E Cheese then Funtasia, Funplex, or later Gameworks. Nothing to do but cruise around, waste money on games, drink Dr. Pepper, and listen to terrible music. Of course, in my private Chuck E Cheese, things would be a little different. Read More