Archive for June, 2012

No More Cab Stealing, SedanMagic’s App Lets You Reserve Your Ride.

SedanMagic, a sedan and taxi booking app, has just hit the streets. The app lets you book a ride or schedule it for later. It offers transparent pricing so you know how much the ride’s gonna cost you (tip included). Currently, an executive sedan is assigned but 2 or 3 sedans will be available soon. The [...]

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JackThreads Reaches 2 Million Member Mark

Men’s lifestyle brand Thrillist bought Jackthreads, a members-only shopping club about 2 years ago. Good move since JackThreads has reached the recently reached the 2 million member mark. Thrillist founder and CEO Ben Lerer said that JackThreads has a small member pool when they acquired it. It only has 100,000-150,000 members at the time. It has reached [...]

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Huynh Launches MakeDirect, Receives $2M Initial Funding

MakeDirect is Duy Huynh’s latest New York Startup. Huynh is a co-founder of Taap.it. MakeDirect is an e-commerce site lets users buy furniture direct from the company. Because of this it can offer as much as 90% off on retail price. The site launched with a $2 million Series A round of funding from DFJ Vina Capital [...]

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Groupon Acquires Breadcrumb

  Chicago based online couponing firm Groupon has acquired Breadcrumb to connect with local restaurants. Breadcrumb is a New York based startup that focuses on restaurant and hospitality point of sale. The amount exchanged remained undisclosed. Groupon’s vice president of mobile, Mihir Shah confirmed the deal last Tuesday in their blog post. Groupon is excited to welcome Breadcrumb’s Seth Harris [...]

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Salesforce Close To Acquiring Branding Expert Buddymedia

This could be a startup version of “Beauty and the Geek.” Cloud-computing sofware pioneer Salesforce is close to acquiring  Buddymedia. Buddymedia ia a 5 year old company that helps brands manage their Facebook presence. The two companies are almost set to close a deal amounting to more than $800 million. Looks like Buddymedia preferred Salesforce over Google [...]

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