Blue Apron

Startups Weekly: What’s up with YC? Plus, mobility layoffs and Airbnb’s grand plans

In this week's startups newsletter: Y Combinator president Sam Altman is stepping down, Marie Kondo is raising VC and Munchery has finally filed for bankruptcy.

Fitbit is partnering with Adidas and Blue Apron for an activity rewards program

Fitness should be its own reward, but sometimes you need a little extra push. Fitbit today announced that it’s been testing a new Rewards program in beta, with plans to launch a premium paid version

Failed meal-kit service Munchery owes $6M to gift card holders, vendors

Several weeks after a sudden shutdown that left vendors and customers in the lurch, Munchery has filed for Chapter 11 Bankruptcy protection.

Blue Apron hopes lower-cost meal kits, now on Jet in NYC, will help save its business

Blue Apron is introducing a lower-cost version of its meal kits, initially only for Jet.com shoppers in the greater New York City metro area. The new recipe kits, called “Knick Knacks,” st

Blue Apron is confident it will achieve profitability this quarter

Meal kit company Blue Apron expects to achieve profitability this quarter, the company said ahead of its Q4 2018 and fiscal year 2018 financial results. Blue Apron will release its earnings January 31

Blue Apron lays off 4 percent of employees as it seeks profitability next year

Meal kit company Blue Apron announced small layoffs today as part of its Q3 2018 financial results. The layoffs, which affected four percent of Blue Apron’s workforce, are part of Blue Apron&#82

Blue Apron gets a much-needed boost with Jet.com partnership

The enemy of my enemy is my friend. That explains a coming-together between two startups today after Jet.com announced it will give beleaguered Blue Apron a leg-up by introducing its meal kits for c

Bessemer Venture Partners has a brand new $1.85B fund

Another VC firm has raised its largest fund ever.

Stylish lunchbox Prepd is back and it’s cheaper and more colorful

Remember Prepd? The “lunchbox you won’t be ashamed to carry” raised over $1 million on Kickstarter in 2016, and now it is returning with an iPhone 5c-esque sequel that is both cheap

Business school grads and quants are winning the battle to create the next P&G

These days my Instagram feed feels more like QVC than a social network. And many of these companies are enjoying tremendous success pitching natural deodorants, unique underwear, creative candles, gla

Amazon opens its largest Amazon Go convenience store yet

Amazon is picking up the pace when it comes to unveiling its line of “stores of the future," today opening its second cashier-less Amazon Go convenience store in the last week. More Amazon Go loc

Kencko wants to help you eat more fruit and vegetables

People don’t eat enough fruit and vegetables, that’s despite an embarrassment of options today that include fast grocery delivery and takeout services with a focus on health. A study from

Blue Apron will start selling its meal kits in stores

Blue Apron announced today it will bring its meal kits to stores. The news arrives at a time when the meal kit subscription company is struggling to grow and retain its users, who are often put off by

Blue Apron stock suffers as Weight Watchers gets into meal kits

Life has not been pretty for Blue Apron, the meal-kit company that went public last June. Today, Blue Apron's shares dropped to a record low following Weight Watchers announcing it would launch its ow

These startup exits delivered the biggest bang for the buck

Big IPOs by the best-known brands tend to dominate attention in startup circles. But when it comes to delivering significant returns on invested capital, it’s often lower-profile companies that come

US & Canada VCs favor late-stage giants over upstarts in Q4

Startup investors in the U.S. and Canada have been putting a little less money to work across a lot fewer deals in recent months. After three quarters of rising investment at early through growth stag

What it’s like cooking with meal kit startup Chef’d

I’ve tried both Blue Apron and HelloFresh before, but I don’t like being locked into some subscription, so I decided to go with Chef’d this time around. Chef’d, which raised $3

Blue Apron shares trade down 9% after disappointing earnings

Blue Apron just can't catch a break. The New York-based cooking kit business released its third-quarter earnings before the bell on Thursday. The results were mixed. The company handily beat revenue

Blue Apron competitor HelloFresh prices IPO, raising up to $369 million

HelloFresh, the Berlin-based cooking kit delivery company, priced its IPO at the middle of its expected range at €10.25, or roughly $11.91. This means that the company could raise up to €318

Blue Apron is laying off hundreds of employees

As Blue Apron approaches its next earnings report in a couple of weeks, the company said Wednesday that it is laying off 6 percent of its staff as part of "a company-wide realignment of personnel to
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