Due to the pandemic, the event of savings and purchase for months without interest will run from November 9 to 20.
FlyCleaners, a New York startup offering on-demand laundry pickup and delivery, has laid off “a large number” of its employees, co-founder and CEO David Salama told TechCrunch.This confirms a story earlier this week in Crain’s New York reporting that FlyCleaners filed a notification with the Department of Labor outlining plans to close its Long Island City plant and lay off 116 employees.As Salama explained when we profiled him several years ago, FlyCleaners customers can use the mobile app whenever they want someone to pick up their laundry — the startup handles pickup and return, while the actual cleaning is handled by local businesses.In an email about the layoffs, Salama told me that the company (which raised a $2 million round led by Zelkova Ventures back in 2013) created its own team for pickup and delivery because “when we started FlyCleaners six years ago, the last-mile logistics industry was simply not where we needed it to be in order to effectively service our customers.” More recently, however, the company has been testing partnerships with other logistics companies as a way to “supplement” its own team.“Recently, it became clear to us that the cost of our internal team was just too large to bear and it was starting to hamper our ability to execute strategically and to sustain and grow our business,” Salama continued.“And so, that [led] to the painful decision to lay off a large number of employees and to proceed as a more asset-light organization.”
Not too long ago, an entrepreneur named Matthew messaged me on Facebook with a refreshingly honest request for help, writing: "This is my fifth year and I would honestly like to know how to get my name out there.” What he had in mind, Matthew continued, was, “getting my company in magazine columns… even magazine covers…”What he wanted to create, he wrote, was ... buzz.Build a reputation as a founder respected by employees and customers alike.Schatz is a friend of mine and the former assistant managing editor for healthcare coverage at Crain’s New York Business (as well as a former editor at Bloomberg News and Businessweek and an expert freelancer)."They would pitch things from, say, Wisconsin or somewhere, and send me an email blast,” Schatz continued, noting that her publication is based solely in New York -- It's right there in the name, Crain’s New York Business.Think of Sara Blakely and Spanx, Steve Jobs and Apple, etc.
When asked what advice she would give to her 25-year-old self, Bonita Stewart, Google's vice president of global partnerships, said, "Go see for yourself."Stewart talked with us about how immersing herself in her career affected the work she's done at Google.As Google's vice president of global partnerships, Bonita Stewart is no stranger to juggling numerous relationships across a variety of industries, from the automotive field to finance, entertainment, and media.But when it comes to the principles that have helped shape her more than 12-year tenure at Google, Stewart's advice sounds fairly simple.When asked what guidance she would give her 25-year-old self today, Stewart said, "Go see for yourself."Her work has earned her recognition outside Google as well — she was named one of Ad Age's "Women to Watch" in 2011 and made Crain's New York Business' "Most Powerful Women" list in 2017.
Since launching in 2009, the Founder Institute has helped launch over 3,100 new technology companies across 200 cities, 60 countries, and six continents.These companies have gone on to do great things, and create over 25,000 new jobs.Over the past week, Say Mmm was highlighted on Lifehacker, Zipmark was featured on Crain’s New York Business, Pathgather was selected to pitch at the 2014 Techstars demo day, and more.Below is a roundup of recent Founder Institute Graduates in the news:Say Mmm highlighted on Lifehacker: Say Mmm Integrates with Evernote to Create Automatic Shopping Lists (Lifehacker): Say Mmm, a San Francisco Graduate, is a one-stop platform for users to discover new recipes and organize them into categorized grocery lists.Pathgather selected to pitch at the 2014 Techstars demo day: Techstars: Innovative startups entice investors (Tech Page One): Pathgather, a New York Graduate, is a marketplace for online education that helps you find the right online courses for you.
Since launching in 2009, the Founder Institute has helped launch over 1,310 new technology companies across 85 cities, 40 countries, and six continents.These companies have gone on to do great things, and create over 10,000+ new jobs.Over the past week, LetsLunch was highlighted in Forbes, Up Performa wins big at an Osaka event, Realty Mogul was featured in Digital Journal, CauseVox was mentioned on Crain’s New York, and more.Below is a roundup of recent Founder Institute Graduates in the news:LetsLunch featured on Forbes: 5 Tools For Developing Your Business Network (Forbes): LetsLunch, a Bay Area Graduate, is a site that uses the time you have at lunch to meet other professionals using a unique algorithm that finds relevant people don’t know yet.Up Performa named one of top 3 startups in Osaka event: Here Are The Top 3 Startups From Innovation Weekend Osaka (Techinasia): Up Performa, a Kansai Graduate, is a wearable device used to monitor sports performance in lieu of cameras and physical note-taking.
From left, MongoDB cofounder Elliot Horowitz, and execs Michael Gordon, Dev IttychariaYouTube/devGeeK; MongoDBMongoDB, a New York-based database startup reportedly valued at $1.6 billion, officially filed for its IPO on Thursday afternoon.In August, TechCrunch reported that MongoDB had confidentially filed the paperwork to go public, taking advantage of new SEC rules.The fact that this paperwork appeared publicly on the Securities Exchange Commission's system appears to confirm that earlier report.You can read the full filing here.The company plans to trade on NASDAQ under the symbol "MDB."
Besides getting more sleep and drinking more water, there was a common theme: They wanted to be more ambitious.Last month, the at-home fitness brand took the number one spot on the Crain s New York Business 2016 Fast50, a list of the fastest-growing companies in New York.Founder and CEO John Foley describes Peloton as a software, hardware, and content company.A former engineer and competitive cyclist, Foley started Peloton in 2012 because he and his wife couldn t find the time to go to the gym but felt existing at-home workouts fell short.Customers buy the bike and then take group fitness classes delivered over video.Peloton, which now has 20 national retail stores, currently streams 12 hours of content every day from its Chelsea cycling and production studio.