dollar shave club

  • Fast chat with L.A-based Science about its third exit this year (and more)

    Fast chat with L.A-based Science about its third exit this year (and more)

    It’s been a good week for Science, a five-year-old, L.A.-based startup studio that’s known for both funding nascent startups and incubating them, including FameBit, a three-year-old outfit that helps marketers connect with digital influencers and which sold on Wednesday to Google. Science was the majority owner. FameBit was the firm’s third exit of the year… Read More

  • Unilever said to be the early frontrunner to acquire The Honest Company

    Unilever said to be the early frontrunner to acquire The Honest Company

    We’re hearing from our sources Unilever has been in serious talks with the Honest Company, and may very well win the bid for the e-commerce startup, though our sources stressed that the deal is in early stages. As usual, the deal is fluid and the final details could change (or not happen at all), and the exact price in the conversation could not be learned, though one source said the… Read More

  • Stop applying tech principles to consumer startups  Crunch Network

    Stop applying tech principles to consumer startups 

    When you hear “startup,” you probably think of Facebook, Airbnb or Uber before Casper or Blue Bottle Coffee. But while companies that produce tangible goods like food and clothing receive less media attention, they’re proving just as innovative as their more high-profile tech counterparts. Read More

  • The next $1 billion startup acquirer won’t be a tech company Crunch Network

    The next $1 billion startup acquirer won’t be a tech company

    Acquisitions starting with a “B” are not uncommon in the tech industry in Silicon Valley. Roughly two to four billion-dollar deals have gone down each quarter (on average) over the last few years. The recent purchases of Cruise Automation by General Motors and Dollar Shave Club by Unilever turned heads for another reason —  the buyers were as non-techie as you can get. Read More

  • Stop listening to your bankers and go public, says top late-stage team

    Stop listening to your bankers and go public, says top late-stage team

    Technology Crossover Ventures has become a major investing powerhouse over its 22-year-old history by funding relatively undiscovered but mature companies; buying sizable stakes in later-stage, venture backed companies; and acquiring positions in publicly traded tech companies that TCV sees as undervalued. The firm, which is headquartered in Palo Alto, has done so well that it just wrapped up… Read More

  • Pop culture stimulates the evolution of the LA tech scene Crunch Network

    Pop culture stimulates the evolution of the LA tech scene

    It wasn’t so long ago that venture capital was a suburban California phenomenon. Los Angeles didn’t have much in terms of a real tech scene — and even San Francisco only had a few VCs or tech companies. Now, VC offices have sprung up in San Francisco, moving more of the investment energy up there. That great migration of companies and activity touches upon what is now… Read More

  • Why did Unilever pay $1B for Dollar Shave Club?   Crunch Network

    Why did Unilever pay $1B for Dollar Shave Club?  

    Personal care; food; beverages — in category after category, the pattern is the same. We are seeing the systematic outsourcing of R&D to new retail and consumer brands just launching into the market. Read More

  • Dollar Shave Club CEO Michael Dubin on the Unilever acquisition Crunch Network

    Dollar Shave Club CEO Michael Dubin on the Unilever acquisition

    Michael Dubin took improv classes early in his career, and humor has long played a role in the culture of DSC. He’s even adapted some lessons from improv to the role of CEO: “When you’re on stage with no script, it teaches you to live in a scary moment and still perform, which is great training for a young company.” Read More

  • Unilever buys Dollar Shave Club for reported $1B value

    Unilever buys Dollar Shave Club for reported $1B value

    Unilever creates and captures a unicorn with its plans to acquire Dollar Shave Club. Announced this evening, the $130 billion dollar multinational consumer goods company is speculated to be paying $1 billion, all cash, for the startup, according to reports from Fortune. If the pricing is true, the transaction will be one of the largest ever in e-commerce. E-commerce is often a scary space… Read More