The future of car ownership: Building an online dealership
Buying a car is painful. Dealerships are the worst, and the options are endless. The rise of the Internet produced powerful tools for shoppers, but in the end, most buyers still have to trudge down to
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.
Justin Caldbeck sues Binary Capital co-founder Jonathan Teo for breach of contract and fiduciary duty, fraud and more
Justin Caldbeck, angry the Binary Capital co-founder couldn't save the firm following his own sexual harassment scandal, alleges breach of contract and fraud in the lawsuit.
Hired buys Y Combinator grad Py, launches assessment tool
To better measure aptitude of applicants, online career marketplace Hired has acquired Py, which helps companies like Opendoor and Niantic identify talent with app-based interactive courses on Python,
Former Munchery employees sue company, blame CEO for shutdown
A former Munchery employee is demanding wages in a new lawsuit and more former employees speak out.
After an abrupt shutdown, Munchery’s small business vendors are the ones picking up the bill
Five small businesses are collateral damage after a well-funded startup failed to overcome the brutal economics of the central kitchen model.
The Pill Club raises $51M as VCs find new opportunities in women’s health
VMG Partners has led the $51 million round, with participation from new investors GV and ACME Capital (fka Sherpa Capital).
After raising $125M, Munchery fails to deliver
On-demand food delivery startup Munchery is shutting down, the startup announced in an e-mail to customers on Monday.
Virgin Hyperloop One has a new CEO and board chairman
High-speed futuristic transportation company Virgin Hyperloop One is changing up its leadership. CEO Rob Lloyd has left after three years at the helm and Jay Walder, who ran bike-sharing operator Moti
In the world of VC, harassment claims aren’t necessarily a deal killer
A storm fueled by greater awareness about sexual assault and harassment has been gaining momentum in the U.S. ever since a former Uber engineer named Susan Fowler hit “publish” on a post about her
Shervin Pishevar takes immediate leave of absence from Hyperloop One and Sherpa Capital
Shervin Pishevar, co-founder of Sherpa Capital and co-founder of Hyperloop One, is taking an immediate leave of absence from both companies, as well as from his board responsibilities at Sherpa's port
VC Shervin Pishevar sues GOP opposition research firm for ‘smear campaign’
Sherpa Capital co-founder Shervin Pishevar has filed a lawsuit against Definers Public Affairs, a Republican opposition research firm that he believes is being paid to spread rumors about him.
Quip raises $10 million for electric toothbrushes
There are venture-backed shoes, razors, and glasses. So why not, toothbrushes? Quip has raised a $10 million round for its dental care business. Sherpa Capital, Blue Scorpion VC and Demi Lovato are am
A founder seizes on anti-Trump sentiment to market women-friendly workflow software
Earlier this year, Kristen Koh Goldstein merged two of her companies, three-year-old Scalus and six-year-old BackOps into a new company called HireAthena, a back-office-as a service startup that also
Sherpa Capital raises $470 million in new capital and launches two new funds
Sherpa Capital, the private capital fund run by Scott Stanford and Shervin Pishevar, has closed on $470 million and launched two new funds: Sherpa Ventures II, an early stage venture fund and a mid-
Driving Analytics Startup Zendrive Circles $13.5 Million Series A
Zendrive, a startup that uses smartphone sensors to measure drivers’ behavior, has raised $13.5 million in Series A funding led by Sherpa Capital, with participation from Nyca Partners, Thomvest Ven
Makeup Subscription Delivery Service ipsy Raises $100M
ipsy, an online makeup subscription delivery service, said today that it had raised $100 million. Users subscribe to ipsy, paying the company $10 per month, which then sends them a monthly package of