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BAY AREA TECH WIRE -- Nov. 28, 2016
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Job of the Day: Vice President Product Management - Los Angeles
o San Francisco-Based Stripe Lands $150 Million at $9.2 Billion Valuation
o S.F.-Based SV Angel Closes New $53.1 Million Investment Fund
o Thanksgiving and Black Friday Post Strong E-Commerce Gains
o Co-Founder Donna Harris Stepping Down as Co-CEO of 1776
> Campaigns & Marketing Summit - Washington, D.C. - Dec. 1
o Briefly Noted: NSFOCUS, Impax Laboratories
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> Job/Event/Marketplace Classified Listings (Full Listings Below Stories)
--Job Listing: Vice President Product Management - Los Angeles
--Proven, Cost-effective IN-MARKET Support for Federal Contractors
--Campaigns & Marketing Summit - Dec. 1 - Washington, D.C.
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o San Francisco-Based Stripe Lands $150 Million at $9.2 Billion Valuation
San Francisco -- Stripe, the San Francisco-based developer of a platform designed to let businesses more easily accept online and mobile payments, has raised about $150 million in a new round of funding that values the company at $9.2 billion -- nearly double what it was worth in mid-2015 -- according to The Wall Street Journal. CapitalG, an investment arm of Google-parent Alphabet and General Catalyst Partners co-led the round, which also included participation from previous backers such as Sequoia Capital. The company, incubated at Mountain View's Y Combinator, also has landed a $250 million revolving credit facility from JPMorgan Chase, Goldman Sachs Group, Morgan Stanley and Barclays, Bloomberg reported, citing people familiar with the situation.
http://www.wsj.com/articles/stripes-valuation-nearly-doubles-to-9-2-billion-1480075201
https://www.bloomberg.com/news/articles/2016-11-25/payments-startup-stripe-valued-at-9-billion-in-new-funding
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o S.F.-Based SV Angel Closes New $53.1 Million Investment Fund
San Francisco -- SV Angel, the San Francisco-based angel investment firm, has raised $53.1 million for a new investment fund, according to a filing with the Securities and Exchange Commission (SEC). The firm, founded in 2009 by Ron Conway, makes seed and early-stage investments in a range of technology startups. According to Crunchbase, the firm has invested in more than 600 companies, including over 200 that were acquired and nearly a dozen that went public with an IPO. It marks the sixth fund for SV Angel.
https://www.svangel.com/
https://www.sec.gov/Archives/edgar/data/1666147/000166614
716000002/xslFormDX01/primary_doc.xml
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o Thanksgiving and Black Friday Post Strong E-Commerce Gains
Reston, Va. -- Americans spent significantly more online this year on both Thanksgiving and Black Friday, according to new figures from digital audience measurement firm comScore. Thanksgiving Day saw a 17% increase in retail e-commerce spending to $1.29 billion, surpassing the $1 billion mark for the third straight year. Black Friday followed with an even stronger spending day, with $1.97 billion in desktop online sales, up 19% from Black Friday 2015. "After a slower start to the holiday season than initially anticipated, Thanksgiving and Black Friday both posted strong online spending totals well above $1 billion on desktop computers and grew at impressive rates that pushed season-to-date growth to 12%," said CEO Gian Fulgoni. "Thanksgiving has now established itself as one of the more important online buying days of the holiday season, while Black Friday also continues to gain in importance online -- this year becoming the third biggest online desktop spending day of all-time after Cyber Monday 2015 and 2014." comScore expects Cyber Monday 2016 to surpass $2.5 billion in desktop spending and $1 billion on mobile commerce to become the leading online spending day for the seventh straight year.
http://www.comscore.com/Insights/Press-Releases/2016/11/Thanksgiving-and-Black-Friday-Post-Strong-ECommerce-Growth-Combining-for-More-Than-3-Billion-in-Desktop-Spending
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o Co-Founder Donna Harris Stepping Down as Co-CEO of 1776
San Francisco -- Co-founder Donna Harris she will step down as the co-CEO of startup accelerator and seed fund 1776, which has West Coast offices in San Francisco. Harris, who co-founded the Washington, DC-based firm four years ago with Evan Burfield, said she plans to pursue opportunities related to the nation's shift from an industrial to a digital economy, and the scores of economic and societal issues related to that. "We need to be having some very difficult, intellectually honest conversations about the future of our economy," Harris wrote in a blog post. "Yes, startups are critical for creating new jobs to replace those being lost. But the challenge is far greater than that, and that is where I now want to turn my attention." Harris will officially step down from her role at the end of January, but stay on as a board member and partner in the firm's fund. Burfield will become the sole CEO of 1776.
http://www.1776.vc/press/1776-announces-donna-harriss-new-role/
https://medium.com/@dharrisindc/hope-for-the-future-why-im-stepping-down-from-1776-709f95d2f0cb#.70jomz7jh (Harris' blog post)
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> Job Listing Vice President Product Management - Los Angeles
We are looking for a strong Vice President of Product Management who will play a major growth role for a nearly 1 BN dollar, high growth, publicly traded, online marketplace and information services company, one of the leading technology companies in the United States. This is our oldest commercial client, 11+ years, and we can provide exceptional insights into the company's culture, its people, and the opportunity. In addition to the tactical Product skill sets and experiences required below, this executive must offer significant experiences interacting with C-level leaders. He or she will play an instrumental role in defining and shaping the Product function across the company, working closely with both the Division President and the Corporate CEO, and interacting daily with multiple peers in different functional areas. The company continues to grow rapidly, both organically and through acquisition. This leader will have a history of scaling a world-class product capability and team. The role is headquartered in our client's beautiful Los Angeles office. Full relocation is offered. Benefits are comprehensive. Compensation ranges from 280k - 375k, plus upfront equity and annual equity grants. Candidates must have a history of job stability, have a strong educational background, and be a pleasure to work with. The pace is fast, the opportunity to make an impact is significant, the people are bright and motivated, politics are kept to a minimum; it's very much a meritocracy. For more information or to apply, contact bill.hoffman@trustedforce.com.
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o Briefly Noted:
(Santa Clara, Calif.) Santa Clara-based NSFOCUS, a developer of enterprise application and network security tools, on Monday named Andre Tristao e Mello as its vice president of sales for Latin America. Mello most recently served as the vice president of sales and marketing at Agility Networks, and previously spent seven years at F5 Networks.
http://nsfocusglobal.com/nsfocus-expands-management-team-appoints-andre-mello-new-vp-latin-america-sales/
(Hayward, Calif.) Hayward-based specialty pharmaceutical firm Impax Laboratories on Monday named Kevin Buchi to its board of directors. Buchi currently serves as the president and CEO of TetraLogic Pharmaceuticals, and previously was the corporate vice president of global branded products at Teva Pharmaceutical Industries and the CEO of Cephalon.
http://investors.impaxlabs.com/Media-Center/Press-Releases/Press-Release-Details/2016/Impax-Announces-Appointment-of-J-Kevin-Buchi-to-Board-of-Directors/default.aspx
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Job/Event/Services Listings:
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> Vice President Product Management
We are looking for a strong Vice President of Product Management who will play a major growth role for a nearly 1 BN dollar, high growth, publicly traded, online marketplace and information services company, one of the leading technology companies in the United States. This is our oldest commercial client, 11+ years, and we can provide exceptional insights into the company's culture, its people, and the opportunity. In addition to the tactical Product skill sets and experiences required below, this executive must offer significant experiences interacting with C-level leaders. He or she will play an instrumental role in defining and shaping the Product function across the company, working closely with both the Division President and the Corporate CEO, and interacting daily with multiple peers in different functional areas. The company continues to grow rapidly, both organically and through acquisition. This leader will have a history of scaling a world-class product capability and team. The role is headquartered in our client's beautiful Los Angeles office. Full relocation is offered. Benefits are comprehensive. Compensation ranges from 280k - 375k, plus upfront equity and annual equity grants. Candidates must have a history of job stability, have a strong educational background, and be a pleasure to work with. The pace is fast, the opportunity to make an impact is significant, the people are bright and motivated, politics are kept to a minimum; it's very much a meritocracy. For more information or to apply, contact bill.hoffman@trustedforce.com.
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> Proven, Cost-effective IN-MARKET Support for Federal Contractors of all Sizes and Disciplines
KPYoung & Associates, Inc. provides proven, cost-effective support for Federal Contractors of all sizes and disciplines. Services include Growth Strategy; Marketing and Communications; Business Development; Capture Strategy / Proposal Response; and Business Management. Kevin Young is a long-time, Washington, DC-based resource as a Professional (IBM Federal, Unisys, SAIC); Management Consultant (Capgemini, CSC, Deloitte, Deltek, ITT, Leidos); Adjunct Professor (George Mason University's School of Business); and Thought Leader (Government Market Master™ Executive Education Program). Honors over 30-plus years include IBM Outstanding Achievement in Marketing Award, IBM Award of Excellence, and (as IBM site team) the Malcolm Baldrige National Quality Award. Federal clients and Contractor clients are available upon request; full credentials and references may be found via www.linkedin.com/in/kevinpyoung. For an introductory call, please contact Kevin at 703-794-1100 or kevinpyoung@earthlink.net.
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> Campaigns & Marketing Summit - Dec. 1 - Washington, D.C.
The Campaigns & Marketing Summit on December 1 at the National Press Club brings together 300+ brand marketers, PR and advocacy professionals, and political campaign strategists to discuss their common tactics, strategies, tools and platforms. It is the only conference to bring together both brand and political marketers. This unique fusion in both speakers and attendees produces fresh insights and empowers attendees to push the boundaries of what's possible in their own fields. One thing you're guaranteed to take away from CAM Summit: actionable strategies and tactics that set you apart from peers. www.camsummitdc.com
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