How Foursquare hopes to hit profitability
Foursquare’s business looks a whole lot different than it used to. New CEO Jeff Glueck and co-founder Dennis Crowley know it — and they still have a plan to hit $100 million in revenue, and profitability, in the next few years. They talked about some of their efforts, like focusing on building new tools for businesses that can help them grow, onstage at TechCrunch Disrupt… Read More Continue reading How Foursquare hopes to hit profitability
Lending Club shares are down more than 25% — shaving off hundreds of millions of dollars off the company’s roughly $2.5 billion market cap — after it announced its CEO would resign following an internal review of $22 million in near-prime loan sales to a single investor.
Shyp has finished rolling out a new packaging pricing model to all its customers that includes variable shipment pricing based on the packaging that the company provides. Shyp is still playing around with its business model and, to be sure, over time these tweaks will add up. The unit economics of on-demand services aren’t quite as simple as a $5 fee (plus postage) and require a…
Amazon posted its first-quarter earnings today, and boy did they not disappoint: it beat what analysts were expecting on nearly all fronts, and the stock is up more than 12% after its huge beat. The big one here, in particular, is Amazon Web Services. AWS has become a go-to for most businesses, so it’s not surprising that it’s seeing that segment continue to grow steadily. The…
Shyp is now charging a $5 handling fee for its online returns in addition to its regular pickup fee and postage costs.
GoDaddy’s chief technology officer — amid a time when the company is expanding its cloud-computing operations — is departing, according to a regulatory filing. Elissa Murphy will be leaving the company later in May. Her departure comes as GoDaddy has begun building out cloud infrastructure, helping it evolve from a simple hosting service to something more robust. These kinds…
In an interview with Walt Mossberg, Slack CEO Stewart Butterfield said threaded messaging — perhaps one of the service’s most important missing components — is finally coming. Butterfield told Mossberg that Slack had been using threading internally for months while testing what the best version of the tool would be for the service, which will hopefully come out in the…