Death by Overfunding: Glam Media

After raising an enormous amount of money over a decade, Mode Media, formerly Glam Media, finally gave up fighting the uphill battle of trying to run a vertical ad network and content platform that could be scaled while being profitable and relevant.

The Sad Demise of Pebble

Smartwatch maker Pebble was one of the most heavily funded startups on crowdfunding platform Kickstarter. It grew rapidly, but could not sustain its hyper growth pressures. Fitbit acquired it recently for its software assets and it does not plan to continue with its products.

Death by Overfunding: Nasty Gal

Over the past decade, online clothing sales have ballooned and Nasty Gal and its founder Sophia Amoruso had managed to build a big brand and fan following among millennials. However, the company filed for chapter 11 bankruptcy in November 2016.

Billion Dollar Unicorns: Opendoor Labs Opens the Door to the Club

According to a recent report published by online real estate firm Zillow, the new year 2017 is expected to set a new stage of the post-recession housing recovery with deceleration expected in home price growth. However, Zillow expects more millennials to become homeowners, thus driving home ownership rates in 2017. Billion Dollar Unicorn club member

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Billion Dollar Unicorns: JetSmarter Flies Into the Club

Uber has become the poster child of the sharing economy. But according to VBProfiles, the sharing economy has received $15 billion in funding, giving rise to several unicorns. Private jet booking app JetSmarter is the latest to fly into the Billion Dollar Unicorn Club.

Billion Dollar Unicorns: Procore Joins the Club

According to a report from CBInsights, funding in construction tech has grown over five times from 2010 to $254 million in 2015. There are over 30 startups in this space, leveraging mobile and the cloud to facilitate construction design, team collaboration, and project site management. Procore is one such construction tech startup that has just

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Oracle’s Cloud Strategy Paying Off

Oracle has spent more than $10 billion this year on nine acquisitions this year. More than five of them, including the $9.3 billion acquisition of NetSuite, are focused on its cloud strategy. In its recent quarter, it reported a stellar quarter for its cloud business, which for the first time surpassed the $1 billion milestone.

Three Large Enterprise Software Acquisitions Recommended for 2017

The enterprise software market has seen several acquisitions this year, from Salesforce, SAP, and Oracle. Here are three acquisition recommendations that we could expect in 2017.