This Week in Tech M&A – August 1st, 2014
In 800-pound gorilla news, online real-estate giant Zillow has acquired online real-estate giant Trulia, for $3.5 billion.
In brick-and-mortar-meets-tech-news, Nordstrom picked up online men’s clothing company Trunk Club, for $350 million.
In not-quite-yet-acquisition news, a flash sale site is seeking an exit in the $400 million range.
Tutor.com acquired online test prep site Princeton Review for an undisclosed amount. Tutor.com is under the IAC umbrella, acquired just last year for $40 million.
In an apparent acquihire, Walmart Labs picked up social shopping app Luvocracy for an undisclosed amount.
Payments heavy First Data acquired virtual gift card provider Gyft.
And finally, in an apparent acquihire, Pinterest picked up Icebergs, the “Pinterest for Creatives.”
Mobileye, an Israeli software company, priced its IPO at $25 per share and soared this morning 58% to $39.40 in early trading on the NYSE, giving it a value of $8.4 billion.
For the Entrepreneurs in the House
Fred Wilson has a great parable of the dentist software.
Brad Feld on VCs and bullshit, or the lack thereof.
Airbnb partners with expense-software Concur to enter the business travel market.
Lyft’s John Zimmer on regulations and the challenges of disrupting the taxi industry.
SF Tech Beat on the “tech metropolis” from Seattle to San Francisco.
The SaaS founder blame game, and how to break the cycle.
Ron Johnson, architect of Apple’s retail stores, offers advice to startup on doing retail right.
More than Silicon Valley: European startups raised $2.8 billion in Q2, 2014.
Meanwhile late stage funding is hot–as in, dot-com hot.
Moshe Hogeg (founder of Yo and Mobli) just launched photo-sharing app Mirage.
Just for fun
In a funny analogy, Christoph Janz at Point Nine Capital compares A/B testing to sex at high school.
An Indian inventor has made a totally open-source Glass clone.
photo credit: t-mizo