The platform offers high-quality gifts from top brands and retailers, handpicked by professionals using a proprietary gift-trends algorithm and real-time stock availability. Snappy’s 800 percent year-over-year revenue growth and five-star customer ratings signal huge potential for this New York-based startup, the company said. Snappy’s unique approach to curated gift collections allows recipients to choose the gift they love before it’s delivered, making environmental and logistical sense. Yet, gift-giving is an inefficient process with over $100 billion in returns processed every year in the US alone. Our goal is to become the go-to global gifting hub for anyone who wants to send a gift.” said Goldstein, who serves as CEO.Ĭompanies in the US spend more than $125 billion on gifts for both employees and customers, with a further $375 billion spent by individuals. Part of our success is our focus on the fun of the experience and creating magical moments that will surprise and delight recipients. “Our customers are looking for innovative and effective ways to show appreciation for their employees in an increasingly digital world. Snappy says it has become a trusted partner to over 1,000 enterprise customers including Microsoft, Adobe, Comcast, and Uber, and has sent more than one million gifts in the last six months alone. Snappy co-founders Hani Goldstein and Dvir Cohen set out to build a gifting platform that would overcome the difficulties of sending personal gifts in a simple, fun, and stress-free way. VC Predictions: Cybersecurity Consolidation Will Continue in 2024-But Not at the Expense of Innovation | GGV Capital U.S.The company said it will use these funds to continue to invest in world-class talent and innovation as it expands into additional segments and markets, explores acquisitions and continues to redefine the category. #Cybersecurity #mergersacquisitions #VCpredictions #predictions #industrypredictions #industrytrends We’ve already seen some of the largest cybersecurity companies in the world, including CrowdStrike and Palo Alto Networks, look to startups for critical, transformative tools. Oren Yunger and Dan Cahana explain why mergers and acquisitions will drive more innovation in the cybersecurity space.ġ️⃣ Cybersecurity is a unique market: For the most part, security budgets don’t appear to be shrinking-in fact, many expect that expenses will increase in the coming years as new security challenges arise.Ģ️⃣ Innovation doesn’t have to end with an acquisition: Acquirers are incentivized to help these startups scale rather than let acquired products stagnate.ģ️⃣ Acquirers are still willing to pay a premium for top technology: For the biggest players in cybersecurity, now is an ideal time to fill any tech gaps with an acquisition. □Next up on our #BigIdeas2024 series: □️Cybersecurity > How to find investment opportunities in 2023 #IWD2023 #EmbraceEquity #WomenInLeadership > On Raising $2.52 billion over 250 Zoom Calls Her leadership and expertise, most notably in #edtech, #fintech, and #robotics, have helped shaped the success of dozens of entrepreneurs and #startups. Jenny describes it as "the best move” - a sentiment that is undoubtedly shared by her portfolio companies! Although the price of breaking her 11-year bond was costly. In 2001, she quit her job in the aerospace industry to pursue her calling in venture capital. She has been recognised by Forbes as one of the World's Top 100 Venture Capitalists for 11 years in a row, and was the first woman to break the Top 10 in 2015. Today, we are proud to celebrate the achievements of our Managing Partner, Jenny Lee. To celebrate the month of International Women's Day, we're kickstarting a series that puts the spotlight on Leading Women who are #BreakingTheBias.
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