Fri.Mar 05, 2021

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Whatnot Snags $20M

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Los Angeles-based Whatnot, which operates an online livestreaming service focused on selling collectibles like Pokemon and sports cards, has raised $20M in its Series A funding, the company said on Thursday. The funding was led by Andreessen Horowitz, and also included Y Combinator, Wonder Ventures, Operator Partners, Scribble Ventures, Steve Aoki and Chris Zarou.

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7 Current Market Forces Bring Startup Opportunities

Startup Professionals Musings

Startups are the corporations of the future, so I have long believed that entrepreneurs who study existing corporate models, rather than ignoring them with disdain, will likely profit from the exercise. In today’s fast-paced world, that means recognizing early and capitalizing on the changes that are bringing many big companies to their knees, before that company is yours.

Marketing 135
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Newegg Looks To Hire And Place Fry's Electronics Workers

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Los Angeles-based online electronic retailer Newegg said on Friday that it is looking to take advantage of the recent closure of Fry's Electronics, to both hire and place workers from the now defunct electronics chain. According to Newegg, it has "dozens" of open positions at its City of Industry headquarters, and also that its in-house staffing agency, Newegg Staffing, is actively recruiting for outplacement roles at local businesses, including temporary, permanent and seasonal positions.

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GoodRx Launches Charity Effort

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Santa Monica-based healthcare savings marketplace operator GoodRx says it has launched a new, charitable effort, which it says will provide free prescriptions and care to patients in need. According to the company, it has has partnered with the National Association of Free and Charitable Clinics (NAFC) to provide free medications to those who are unable to afford healthcare due to systemic barriers.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

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FreeConferenceCall.com Launches Video Conferencing Service, Huddle

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Long Beach-based free conference calling service FreeConferenceCall.com says it is launching itself into the video conferencing market, with a new service called Huddle. According to the company, it will allow the first 10,000 customers of the service to pick their own price for whatever they think the service is worth. The new Huddle service competes against market leader Zoom.

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Virgin Galactic Chairman Cuts Personal Stake

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The Chairman of space tourism firm Virgin Galactic, investor Chamath Palihapitiya, has reportedly sold another 6.2 million shares of his stake in the firm, worth roughly $213M, according to reports. The stake represents Palihapitiya's last personal holding in the company, although he does hold shares in a partnership that also owns parts of Virgin Galactic.

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