Utah-based Purple will become the first publicly traded mattress startup when it completes a merger with a publicly traded investment shell company at a valuation of $1.1 billion. The deal will make Purple’s founders Tony and Terry Pearce very rich, with a stake in the new entity that Forbes estimates at $850 million. The Pearces, Mormon brothers with 44
What if you could have quality primary care that treats you when you need it and helps you stay healthy — without ever stepping foot in a doctor’s office? It sounds a bit far-fetched to some. But to 98point6 co-founder and CEO Robbie Cape that system is just around the corner — and the company’s investors seem convinced he’s right.
Meshfire, an artificial intelligence-backed social media management company based in Kirkland, Wash., will shut down Sept. 30. Meshfire CEO Eli Israel penned a blog post announcing the closure, saying that the company has not grown enough to continue. Five years ago, we set out to change the way that people use Twitter with artificial intelligence to help you find
The folks at Y Combinator have seen a lot startups succeed and fail, so it’s probably worth listening to their advice if you’re launching your own company. The renowned Silicon Valley accelerator published a blog post on Monday written by YC partners Geoff Ralston and Michael Seibel outlining “the most important, most transformative advice for startups” as deemed by
Just like any other new technology, smart homes are attracting more consumers in urban cities. People have started acknowledging the role of technology in designing energy-efficient homes. Smart home means using technology in a house to facilitate automation. Companies like Samsung and Amazon have already entered the segment with their devices that work with smartphones to keep your home