As the oldest of 12 children, Bunim Laskin spent much of his teen years looking for ways to help keep his siblings entertained. Noticing that a neighbor’s pool was often empty, Laskin reached out to
Founders Circle Capital, a nine-year-old, San Francisco-based investment firm that strikes agreements with private, venture-backed companies to buy some of the vested stock options of their founders a
"When the CEO sets that culture of customer obsession and customer delight, it sets the foundation for the future."
Poshmark has come a long way over the last decade. Launched in 2011, the social fashion marketplace has raised upwards of $150 million, and has now listed on the public markets. It’s valued at $
What investors will be willing to pay for ThredUp is going to be very interesting. A bit like Oscar Health, it's a hard company to price.
Extra Crunch Live is off to a great start this year. Lightspeed’s Gaurav Gupta and Grafana’s Raj Dutt taught us how to nail the narrative. Felicis Ventures’ Aydin Senkut and Guidelin
Howdy friends, this is the web version of my Week in Review newsletter, it’s here to entice you to sign up and get it in your inbox every week. Last week, I showcased how Twitter was looking at
Lots of demand, little supply, boom goes the price.
Poshmark priced its IPO at $42 per share last night, comfortably ahead of its $35 to $39 range that already greatly boosted the company's valuation.
Poshmark, the nine-year-old, Redwood City, California-based online marketplace for second-hand clothing, beauty and home decor products, is set to start trading as a public company on the Nasdaq tomor
Loosely, then: at the low end of its valuation range, Poshmark is worth 8.6x its current run rate, and at the top-end a richer 10.9x.
The market will decide how valuable Poshmark is. But who will it enrich with its final pricing decision? Let's find out.
Menlo Ventures, the 44-year-old venture firm with offices in Menlo Park and San Francisco, is taking the wraps of its fifteenth early-stage fund today, a vehicle it closed with $500 million in capital
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.
Poshmark, an online marketplace for buying and selling clothes, has reported a data breach. The company said in a brief blog post that user profile information, including names and usernames, gender a
The RealReal has authorized the sale of up to $70 million in new shares in a round that could value the luxury consignment shop at $1.06 billion.
Today Snapchat finally gets a true developer platform, confirming TechCrunch’s scoop from last month about Snap Kit. This set of APIs lets other apps piggyback on Snap’s login for sign up, build B
Poshmark, the app for fashion consignment, has raised another $87.5 million in funding led by Singapore-based Temasek. Menlo Ventures, GGV Capital, Mayfield and others also participated. Having raised
In the past year, New York has reached a tipping point as consumer-facing startups proliferate and similarly Los Angeles is gaining notice with the success of Snap and Dollar Shave Club among others.
Poshmark, the fashion resale social network, is on track for $100 million in revenue this year, TechCrunch has learned. We hear the company reached $50 million in revenue last year, which me