85% Startup Venture - Consumer E-Commerce
Etsy is an e-commerce site and a smartphone application
Invite your colleagues
And receive 1 week of complimentary premium membership
Upcoming Events (0)
ORGANIZE A MEETING OR EVENT
And earn up to €300 per participant.
Projects (0)
Circles (1)
Razer's High-End Gaming Chair Might Just Save My Back
Posted by Mark Field from Wired in Business
Razer has made a name for itself in the gaming space, with robust gear that tackles the high demands and highly particular needs gamers have. The company makes everything from customizable gaming mice to powerful laptops. But can Razer meet the needs of gamers' butts' With the Razer Fujin Pro gaming chair, it's looking like the answer is yes. Unlike most so-called gaming chairs, the Fujin Pro wouldn't look out of place in a typical office. It avoids the all-too-common racing style seat, opting instead for a lightweight, breathable mesh over an aluminum alloy frame that looks stylish without being garish. The Fujin Pro model has a few advantages over its less expensive cousin: The aforementioned aluminum frame replaces the nylon frame on the Fujin; the adjustable headrest is now an included option, rather than an add-on; the lumbar support can be adjusted both vertically and forward and backward; and the armrests can now be adjusted along four different directions. The first thing that impressed me about the Fujin Pro was how incredibly easy it was to set up and customize. The aluminum frame is so sturdy that when inserting the seat back into the base, the frame was able to hold itself in place with minimal support while I screwed in the bolts. All told, the setup process took about 15 minutes....
Mark shared this article 5hrs
Can your company remain global and if so, how'
Rising geopolitical tensions are testing the resilience of global organizations and challenging existing growth strategies. Wars in Europe and the Middle East and escalating US'China competition have the attention of the executive suite and the boardroom. Global business leaders are asking, 'What is the future of the global corporation' Do we need to fundamentally shift strategies and structure'' These questions are being asked amid a measurable decline in global cooperation on peace and security and slowing cooperation in other areas, as reflected in a new global cooperation barometer released by the World Economic Forum and McKinsey in January (Exhibit 1). The intensity and duration of conflicts worldwide are at their highest levels since before the end of the Cold War1Emma Beals and Peter Salisbury, 'A world at war: What is behind the global explosion of violent conflict',' Foreign Affairs, October 30, 2023.: 183 active conflicts in 2023, with violent events last year increasing by 28 percent and fatalities by 14 percent.2The Armed Conflict Survey 2023, first edition, Abingdon, United Kingdom: Routledge, 2023....
Mark shared this article 1d
The Week's 10 Biggest Funding Rounds: Uniquity Bio And Vercel Lead Another Huge Week
It was again not a bad week for raising big. Two rounds to U.S.-based startups this week hit a quarter-of-a-billion dollars or more, and there were eight rounds of $100 million or more. Once again, biotech made up nearly a third of the list while some other sectors that don't usually make the list ' developer platform and analytics ' were represented. 1. Uniquity Bio, $300M, biotech: It has become pretty much the norm to start off these lists with a big biotech raise. This week it was a brand new company launched by Blackstone Life Sciences ' a unit of the private equity giant ' along with a sizable $300 million investment. The new startup is a clinical-stage drug development company focused on immunology and inflammation. The company already has FDA acceptance of its Phase 2 investigational new drug application for one of its medicines. 2. Vercel, $250M, developer platform: Vercel, a platform that allows companies to develop web applications in the cloud, locked up a $250 million Series E at a valuation of $3.25 billion. The round was led by Accel, with participation from other existing investors including CRV, GV, Notable Capital (previously GGV Capital), Bedrock, Geodesic Capital, Tiger Global, 8VC and SV Angel. The new round is an upround from Vercel's 2021 raise, when it secured $150 million in a Series D funding at a $2.5 billion valuation led by GGV Capital. The San Francisco-based company allows developers to use an open-source framework to create web applications, and tries to simplify the process to migrate websites to cloud infrastructure to help with accessibility. Vercel has a number of big-name customers such as Under Armour, Unity and Nintendo. The company said it recently surpassed $100 million in annualized revenue and more than 1 million monthly active developers. Founded in 2015, the company has raised $568 million, per Crunchbase....
Mark shared this article 1d
Focus Group founders dial up '800m sale to private equity firm Hg
The founders of a business telecoms and IT services provider are on the brink of toasting a nine-figure windfall after entering advanced talks to sell it to one of Britain's leading private equity firms. City sources said on Wednesday that the transaction would value Focus Group at just under '800m including debt, making it the latest addition to the ranks of Britain's private company unicorns ' a reference to its new $1bn valuation. The deal will see founders Chris Goodman and Ralph Gilbert's combined equity stake of more than 50% valued at well over '100m, although they are both expected to reinvest part of their proceeds in the business. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today....
Mark shared this article 1d