In latest instalment of Founder Stories, BoF talks to Internet veteran Julie Wainwright about what she learned from the ‘dotcom’ crash, launching a digital business in a tech culture that is ageist and sexist, and how she took luxury resale site The RealReal from zero to $100 million in revenue in just three years...
2013 had all the signs of being a comeback year for venture capital. Booming public equities and a recovered IPO market generated record portfolio company exits and distributions from VC funds. The industry realized its highest returns since the Internet boom.
Yet 2013 annual industry performance data from Cambridge Associates shows that venture capital continues to underperform the S&P 500, NASDAQ and Russell 2000...
Apple video for developers. Just 7 years since introduction of the IPhone, now nearly 2 billion people have a smartphone and spend around $20 billion annually on apps.
Congrats to Johnny, Stephen and team - a great asset for Apple.
.. Currently The RealReal has 2.4 million members, processes more than 40,000 luxury items per month, and has shipped more than 450,000 luxury items to date. The site expects to do more than $125 million in revenue this year.
Congrats Storefront team..