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Greycroft
Greycroft is an American venture capital firm. It manages over $2 billion in capital with investments in companies such as Bird, Bumble, HuffPost, Goop, Scopely, The RealReal, and Venmo. Greycroft was founded in 2006 by Alan Patricof, Dana Settle, and Ian Sigalow. The firm is headquartered in New York City and Los Angeles. History Greycroft was founded in 2006 by venture capital pioneer Alan Patricof. He previously founded Apax Partners, one of Europe's largest private equity groups with $50 billion under management. Patricof's transition is linked to a renewed desire for early-stage investing. Patricof is known for his investments and involvement with companies such as AOL, Apple Inc., Office Depot, and ''New York'' magazine. Funds Greycroft raised its first fund (Greycroft I) with $75 million of investor commitments in 2006, Greycroft II with $131 million in 2010, Greycroft III with $175 million fund in 2015, Greycroft IV with $200 million in 2018, Greycroft V with $250 mill ...
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Greycroft is an American venture capital firm. It manages over $2 billion in capital with investments in companies such as Bird (company), Bird, Bumble (app), Bumble, HuffPost, Goop (company), Goop, Scopely, The RealReal, and Venmo. Greycroft was founded in 2006 by Alan Patricof, Dana Settle, and Ian Sigalow. The firm is headquartered in New York City and Los Angeles. History Greycroft was founded in 2006 by venture capital pioneer Alan Patricof. He previously founded Apax Partners, one of Europe's largest private equity groups with $50 billion under management. Patricof's transition is linked to a renewed desire for early-stage investing. Patricof is known for his investments and involvement with companies such as AOL, Apple Inc., Office Depot, and ''New York (magazine), New York'' magazine. Funds Greycroft raised its first fund (Greycroft I) with $75 million of investor commitments in 2006, Greycroft II with $131 million in 2010, Greycroft III with $175 million fund in 2015, G ...
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Goop (company)
Goop (stylized as goop) is a wellness and lifestyle brand and company founded by actress Gwyneth Paltrow. Launched in September 2008, Goop started out as a weekly e-mail newsletter providing new age advice, such as "police your thoughts" and "eliminate white foods", and the slogan "Nourish the Inner Aspect". A website was later added, and then Goop expanded into e-commerce, collaborating with fashion brands, launching pop-up shops, holding a "wellness summit", launching a print magazine, a podcast, and a docuseries for Netflix. Goop has faced criticism for marketing products and treatments that are harmful, described as "snake oil", based on pseudoscience, and lack efficacy. Additionally, California officials from the Consumer Protection Office have sued Goop over accusations of false advertising, asserting that Goop has made unfounded health claims about a variety of products sold on its website; Goop agreed to settle the lawsuit out of court. Class-action lawsuits have been ...
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Alan Patricof
Alan Patricof (born 22 October 1934) is an American investor, one of the early pioneers of the venture capital and private equity industries. He founded Apax Partners (based on a play on Patricof's name: Alan Patricof Associates Cross (x) Border), which is one of the world's largest private equity firms. Early life and education Patricof grew up in a Jewish family on the Upper West Side of Manhattan, New York City,New York Times: "STRICTLY BUSINESS; A Venture Capitalist and His Politics" By DOUGLAS MARTIN
November 02, 1992
the son of parents who had immigrated from to the ...
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HuffPost
''HuffPost'' (formerly ''The Huffington Post'' until 2017 and sometimes abbreviated ''HuffPo'') is an American progressive news website, with localized and international editions. The site offers news, satire, blogs, and original content, and covers politics, business, entertainment, environment, technology, popular media, lifestyle, culture, comedy, healthy living, women's interests, and local news featuring columnists. It was created to provide a progressive alternative to the conservative news websites such as the Drudge Report. The site offers content posted directly on the site as well as user-generated content via video blogging, audio, and photo. In 2012, the website became the first commercially run United States digital media enterprise to win a Pulitzer Prize. Founded by Andrew Breitbart, Arianna Huffington, Kenneth Lerer, and Jonah Peretti, the site was launched on May 9, 2005 as a counterpart to the Drudge Report. In March 2011, it was acquired by AOL for ...
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Apax Partners
Apax Partners LLP is a British private equity firm, headquartered in London, England. The company also operates out of six other offices in New York, Hong Kong, Mumbai, Tel Aviv, Munich and Shanghai. As of December 2017, the firm, including its various predecessors, have raised approximately $51 billion (USD) since 1981. Apax Partners is one of the oldest and largest private equity firms operating on an international basis, ranked the fifteenth largest private equity firm globally. Apax invests exclusively in certain business sectors including: telecommunications, technology, retail and consumer products, healthcare and financial and business services. Looks for a target Enterprise Value of $1,000mm - $5,000mm. Apax raises capital for its investment funds through institutional investors including corporate and public pension funds, university and college endowments, foundations and fund of funds. One of the firm's co-founders, Alan Patricof, was an early investor in Apple ...
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Scopely
Scopely, Inc is an interactive entertainment company and mobile-first video game developer and publisher. The company is headquartered in Culver City, California, with offices in Barcelona, Spain; Boulder, Colorado; Dublin, Ireland; London, England; Seoul, Korea; Seville, Spain; Shanghai, China; and Tokyo, Japan. Scopely has both internal game development studios as well as partners with external development studios to create free-to-play games. Scopely also partners with intellectual property holders to create video games based on popular entertainment brands. History Scopely was founded in 2011 by Walter Driver, Ankur Bulsara, Eric Futoran and Eytan Elbaz. Previously, Elbaz co-founded Applied Semantics, which was acquired by Google in 2003, and Bulsara was a software developer at MySpace. In 2014, former Disney Interactive and Electronic Arts executive Javier Ferreira joined Scopely. Former Disney Interactive executive Tim O'Brien joined in 2014 as chief revenue officer. In ...
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Trunk Club
Trunk Club was a personalized mid- to high-end men's and women's clothing service based in Chicago, Illinois, United States. From its start in 2009, Trunk Club pioneered the at-home try-on model within the men's clothing industry. Each customer worked with a styling specialist who curated clothing for their box (called a "trunk"), which was shipped to their home or office; the customer could then either keep the clothes or send items back to Trunk Club, with billing occurring at the end of the process for any kept items. Trunk Club also offered an in-person styling service at the company's six locations, or "clubhouses". The in-person offering included ready-to-wear clothing for men and women, as well as made-to-order custom formalwear for men. History The Trunk Club remote styling idea was initially conceived in 2009 by Joanna Van Vleck while she was an MBA student. It began as a personalized clothing service based in Bend, Oregon. Initial investor Anthos Capital asked Brian S ...
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Munchery
Munchery Inc. was an online food ordering and meal delivery service that served parts of San Francisco, Seattle, and New York City.Gold, AmandCook Your Week: Munchery and Belcampo Team Up''San Francisco Chronicle''. July 21, 2015 The company shut down abruptly on January 21, 2019. It was valued at $300 million. The website currently relaunched as a recipes-only website. Overview Munchery was a conglomeration of chefs who offered continually changing menus to users. Chefs chose their dishes and sourced ingredients, and users rated the meals. Meals could be ordered up to 6 p.m. the same day or a few days in advance. A fleet of drivers delivered the dinners within a chosen one-hour window between 5 and 9 p.m.. The chilled food needed to be reheated before serving. After trying the meals, diners could post reviews online, and they could also directly message chefs through the site. History Munchery was founded in 2010 in San Francisco, California. In 2015 the company raised $85 mil ...
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Plated (meal Kits)
Plated was an American ingredient-and-recipe meal kit service that has been acquired by Albertsons. The company was founded in 2012 and became well known through its participation in Techstars in 2013, ''Shark Tank'' in 2014 and '' Beyond the Tank'' in 2015. Plated's founders, Nick Taranto and Josh Hix, earned a deal on ''Shark Tank'' that fell through, but negotiated a deal with another investor after the show was filmed. The company accepted several rounds of venture capital investments and remained private until it was acquired by Albertsons in September 2017. History Plated delivered meals in the form of weekly boxes that contained ingredients and recipes to be cooked by the customer. Founded by Harvard Business School classmates Nick Taranto and Josh Hix in 2012 and launched that November, the company was selected to be in the Spring 2013 Techstars NY class. It raised $1.4 million in seed round financing in May 2013 led by ff Venture Capital with angel investors that include ...
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Albertsons
Albertsons Companies, Inc. is an American grocery company founded and headquartered in Boise, Idaho. With 2,253 stores as of the third quarter of fiscal year 2020 and 270,000 employees as of fiscal year 2019, the company is the second-largest supermarket chain in North America after Kroger. Albertsons ranked 53rd in the 2018 Fortune 500 list of the largest United States corporations by total revenue. Prior to its January 2015 merger with Safeway Inc. for $9.2 billion, it had 1,075 supermarkets located in 29 U.S. states under 12 different banners. Its predecessor company, Albertsons, Inc., was reorganized as Albertsons LLC and sold to AB Acquisition LLC, a Cerberus Capital Management-led consortium. After buying back the majority of its former stores it sold to SuperValu in 2006, AB Acquisition announced it would change its name to Albertsons Companies Inc. in 2015. The company's corporate name was Albertson's Inc. until 2002, when the apostrophe was removed. On October 14, 2 ...
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Braintree (company)
Braintree is a Chicago-based company that primarily deals in mobile and web payment systems for e-commerce companies. The company was acquired by PayPal on September 26, 2013. History Braintree was founded by Bryan Johnson in 2007. By 2011, the company ranked 47th on Inc. magazine's annual list of the 500 fastest-growing companies. In that year, Bill Ready joined the company as CEO. Johnson remained chairman. In 2012, Braintree acquired Venmo for $26.2 million. A year later, PayPal, then part of eBay, acquired Braintree for $800 million. In August 2015, PayPal acquired Chicago-based mobile commerce company Modest and rolled Modest's products into Braintree's offerings. Braintree first expanded internationally in 2012, when it announced it would begin providing services in Australia. The company began serving Europe and Canada in August 2013 and announced support in Hong Kong, Singapore, and Malaysia in 2015. By late 2015, Braintree was processing nearly $50 billion in authori ...
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Time (magazine)
''Time'' (stylized in all caps) is an American news magazine based in New York City. For nearly a century, it was published Weekly newspaper, weekly, but starting in March 2020 it transitioned to every other week. It was first published in New York City on March 3, 1923, and for many years it was run by its influential co-founder, Henry Luce. A European edition (''Time Europe'', formerly known as ''Time Atlantic'') is published in London and also covers the Middle East, Africa, and, since 2003, Latin America. An Asian edition (''Time Asia'') is based in Hong Kong. The South Pacific edition, which covers Australia, New Zealand, and the Pacific Islands, is based in Sydney. Since 2018, ''Time'' has been published by Time USA, LLC, owned by Marc Benioff, who acquired it from Meredith Corporation. History ''Time'' has been based in New York City since its first issue published on March 3, 1923, by Briton Hadden and Henry Luce. It was the first weekly news magazine in the United St ...
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