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A group led by U.K. investor/consultant Ian Osborne is trying to buy Fortune magazine

2018-09-20T03:04:22+00:00September 20th, 2018|Categories: News, Social Media|Tags: |

Marc Benioff was going to buy the business magazine but bought Time instead. Now there’s a new round of would-be buyers. Marc Benioff is buying Time, so he’s not going to buy Fortune. Who will? Here’s one contender: Ian Osborne, a British consultant and investor who is working with a group of investors that wants [...]

Recode Daily: How two direct-to-consumer startups iterated their way to success

2018-09-20T03:04:21+00:00September 20th, 2018|Categories: News, Social Media|Tags: |

Plus: The DOJ opened a fraud investigation into Tesla over CEO Elon Musk’s tweets; Postmates is a newborn unicorn; you can never go back to the old Twitter. Here’s how two direct-to-consumer products iterated to success: “We launched with a pretty mediocre product,” Native deodorant CEO and founder Moiz Ali told the crowd at Day [...]

Swiping on Tinder is addictive. That’s partly because it was inspired by an experiment that ‘turned pigeons into gamblers.’

2018-09-20T03:04:20+00:00September 20th, 2018|Categories: News, Social Media|Tags: |

Journalist Nancy Jo Sales talks about the gamification of dating and her new HBO documentary “Swiped” on the latest Recode Decode podcast. When she set out to make her new documentary “Swiped: Hooking Up in the Digital Age,” journalist Nancy Jo Sales says she wanted to humanize the people who used dating apps: These are [...]

‘We launched with a pretty mediocre product’ — how two direct-to-consumer startups iterated to success

2018-09-19T03:04:27+00:00September 19th, 2018|Categories: News, Social Media|Tags: |

Customer feedback is very important. First is the worst — at least when it comes to consumer goods. That’s the message from the founders of deodorant and mattress brands Native and Tuft & Needle. “We launched with a pretty mediocre product,” Native deodorant CEO and founder Moiz Ali told the crowd at Code Commerce in [...]

Emily Weiss wants Glossier to own the online beauty conversation

2018-09-19T03:04:26+00:00September 19th, 2018|Categories: News, Social Media|Tags: |

“The shopping experience is even more broken and lacking for beauty products than what we initially believed.” When people are deciding which mascara to buy online, they’re not looking at how fast the mascara will be delivered, according to Glossier CEO Emily Weiss. Cracking the online beauty business isn’t as simple as “building tools that [...]

Instacart needs to treat its delivery workers ‘much, much better’

2018-09-19T03:04:25+00:00September 19th, 2018|Categories: News, Social Media|Tags: |

Instacart CEO Apoorva Mehta admits the company has had a rocky relationship with its shoppers. Grocery delivery startup Instacart has had a complicated relationship with its shoppers, the people it hires to pick up and deliver users’ groceries. Instacart was sued by some shoppers — and ultimately settled for $4.6 million — in early 2017. [...]

Chobani CEO Hamdi Ulukaya says he would consider going public — but won’t sell to an industry giant

2018-09-19T03:04:24+00:00September 19th, 2018|Categories: News, Social Media|Tags: |

But: “When I read about Elon Musk, I think sometimes maybe not.” Chobani founder and CEO Hamdi Ulukaya is “not against” taking his yogurt company public. But he is decidedly not interested in selling it to a food conglomerate, a popular path for many consumer packaged goods brands. “What happens is all these little brands, [...]