Why Raising Venture Capital Doesn’t Guarantee Success

For startup founders one of the toughest challenges is deciding how to fund your business. Do you bootstrap, invest your own savings (yes, you should have money in the bank before you build a startup), or do you raise capital?

Billie Raises $25 Million for Women’s Shaving and Personal Care

Billie launched in 2017 amid the success of Dollar Shave Club, capitalizing on a dearth of competition on the women’s side of the startup shaving and personal care market. Just over a year later, the company has raised a $25 million Series A round led by Goldman Sachs’ Private Capital Investing Group.

Who Will Buy Drunk Elephant?

Drunk Elephant, one of beauty’s hottest acquisition targets, is exploring a sale. Who has the desire — and the cash — to pay a potential $1 billion for the buzzy skincare brand?

Taobao tech improves online shopping for visually-impaired

Alibaba’s Taobao online marketplace in China has adopted new technology to improve the shopping experiences of blind and sight-impaired users, including an artificial intelligence-enabled feature that reads text written on webpage images,

JD.com drone delivers school supplies in Indonesia

A JD.com drone successfully delivered backpacks and books to an elementary school in Parung Panjang, Indonesia, on Jan. 8, the company announced at the World Economic Forum (WEF) annual meeting last week

Hims could reach $1B valuation

Hims, the provider of a direct-to-consumer line of personal products for men, is in the process of raising $100 million at a $1 billion valuation, per Recode.