Socialeads Raises $750K Seed Round
MILWAUKEE, WI, AI & machine learning technology startup, has closed a round of seed funding for $750,000, led by The Winnebago Seed Fund.
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Author: dumbcapital
Movado Group acquires watch startup MVMT
The Movado Group, which sells multiple brands, including Lacoste, Tommy Hilfiger and Hugo Boss, has purchased MVMT, a small watch company founded by Jacob Kassan and Kramer LaPlante in 2013. The company, which advertised heavily on Facebook, logged $71 million in revenue in 2017. Movado purchased the company for $100 million. “The acquisition of MVMT…
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Facebook hit with federal housing discrimination complaint
Federal housing officials have accused Facebook of allowing housing discrimination on its platform, the latest fallout from a saga that began with a 2016 investigation into the social media giant’s advertising arm. The U.S. Department of Housing and Urban Development filed a formal complaint against the social network this week, claiming Facebook allows landlords and home…
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Y Combinator invests in non-invasive breast cancer screening bra EVA
According to a report by the American Cancer Society, an estimated 266,120 women will be newly diagnosed with breast cancer in the United States this year and (according to a 2016 estimate) can expect to pay between $60,000 and $134,000 on average for treatment and care. But, after hundreds of thousands of dollars and non-quantifiable emotional…
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Why I Replaced 99 Percent of My Team and Restarted My Startup
Cleaning house isn’t the most linear path to growth, but sometimes it’s a necessary step.
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