Erin Griffith
Fortune
New York, NY, United States
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Recent articles by Erin:
Why Are Corporations So Bad At Working With Startups?
A new study from 500 Startups explains why it's so hard for the two to work together. → Read More
Uber’s Travis Kalanick Resigns: What It Means for Tech
His resignation will have wide-ranging repercussions for startup culture, regulation, and more. → Read More
Uber CEO Travis Kalanick: Why His Resignation Matters
News of Kalanick leaving will effect Silicon Valley regulation, culture, investors, and employees. → Read More
Managed by Q Launches Self-Serve Marketplace To Ramp Up Growth
The "Uber for janitors" startup has expanded beyond cleaning offices. → Read More
Term Sheet — Thursday, June 15
Good morning. UNICORN WATCH: Amazon has explored a possible buyout of work messaging software startup Slack for $9 billion, according to Bloomberg. A few thoughts: • That price would be more than double Slack’s latest private valuation from 2016. • Amazon is not known for its monster acquisitions. The company’s biggest ever is its $1.2 billion deal for Zappos from 2009, with under $1 billion for… → Read More
Furniture Buying Is Being Changed by the Fast-Fashion Trend
The home goods and furniture industries are getting a makeover thanks to the fast-fashion trend. → Read More
Term Sheet — Wednesday, June 14
Uber CEO Travis Kalanick has taken an indefinite leave of absence from the company, which means this site was not helpful at all (you had one job…). As we noted on Monday, the company will be run by a committee, which is not ideal and makes me think the leave won’t last long. Meanwhile the lone private equity player in this Shakespearean drama has been hoisted with his own petard. At an… → Read More
Sleep Tracking Startup Hello to Shut Down After Fitbit Deal Falls Through
The company was worth as much as $300 million. → Read More
What Does a Management Shakeup Mean For Uber (and Silicon Valley)?
Uber’s success story is no longer a playbook for other startups. It’s a cautionary tale. → Read More
Houzz Worth $4 Billion in New Funding Round
Houzz, an online platform for home remodeling and design services, is close to finalizing a new $400 million round of funding that values the company at around $4 billion, according to a company spokesperson. Certificate of incorporation filings uncovered by Equidate, a platform for trading stock in private companies. Fortune first reported that Houzz was raising a large new round of funding in… → Read More
Selling Stuff Is No Longer the Point of Retail Stores
The future of retail stores is less about purchases and all about "experiences." → Read More
Private Equity Minority Stake Sales Could Lead to Spin-Off Funds
The increase in minority stake sales may lead to new fund formation. → Read More
Term Sheet — Monday, June 5
New money: Carmera, a New York City-based 3D mapping startup, is emerging from stealth mode with $6.4 million in new funding led by Matrix Partners with participation from Resolute Ventures, Notation Capital, Joe Montana, Bre Pettis, Semil Shah and others. The company is notable because it’s partnering with delivery vehicle fleets to create up-to-date maps of cities. That kind of data is… → Read More
Meet Carmera, A Startup Using Delivery Fleets to Create 3D Maps of Cities
The startup emerges from stealth mode with funding from Matrix Partners. → Read More
Marissa Campise Raising Venture Capital Fund
The firm is called Rucker Park. → Read More
NYC vs. Boston vs. LA: Which Tech Center Has the Most Exits?
Comparing where startups creating the most value for their investors. → Read More
Blue Apron, Spotify, WeWork Could Go on Acquisition Sprees
They've hired experienced dealmakers ahead of potential IPOs. → Read More
Term Sheet — Thursday, June 1
NYC Tech: Awhile back I had promised to provide updated deal data comparing exits for startups from NYC, LA and Boston. We can’t compare deal value of M&A exits since so many of the prices are not confirmed. For example, Oracle’s acquisition of Moat, reportedly for $850 million, did not disclose an official deal value. The deal volume data shows a fairly even mix of exits between the three… → Read More
Access Technology Ventures: Meet the $2.5 Billion Startup Fund
Len Blavatnik's tech investing arm has backed Facebook, Snap, Spotify, Yelp, Alibaba, Square and more. → Read More
Blink Health Lawsuit with Investor
Michael Karsch has sued the company and its founders. → Read More