Meet the man behind Seattle’s newest $1B startup: ‘We are still in the early days’

Zulily CEO Darrell Cavens

Not many startup companies boast a $1 billion valuation — especially after just three short years in business. But that’s the hefty value that venture capital powerhouse Andreessen Horowitz just placed on Zulily, the Seattle daily deal site for busy moms that today announced $85 million in funding. It’s a whopping deal, one of the… Read More…

Daily deal site Zulily raises $85 million from Andreessen Horowitz, tops 10M members

zulily1

Fast-growing daily deal site Zulily has pulled in an additional $85 million in venture capital financing, cash that the Seattle company plans to use to bolster its position in selling books, clothes, toys and other items for babies and kids. The company also announced that it has topped 10 million members, most of whom get… Read More…

Zulily’s Darrell Cavens on developing a clear focus

Zulily CEO Darrell Cavens at GeekWire's Startup Day in September.

Darrell Cavens is the CEO of Zulily, the Seattle-based daily deals site for moms, but his history in the online business goes much further back, as an executive at online diamond retailer Blue Nile and before that at Starwave, working on properties such as ESPN.com and ABCNews.com. At the recent Seattle 2.0 Startup Day, presented by… Read More…

Introducing Startup Day: Top entrepreneurs provide a roadmap for success

StartupDay-GW_Startup_Sponsor_FINAL

We love telling the stories of startups here at GeekWire, chronicling the ups and downs of the entrepreneurial voyage. Heck, we’re taking that voyage ourselves as newbie entrepreneurs, and I know GeekWire wouldn’t be where it is today without the guidance, insights and lessons of other  startuppers. That’s why we’re so excited to introduce Startup… Read More…

Startup advice from Zulily CEO Darrell Cavens: Move fast, because speed matters

Illustration of the Tortoise and the Hare. Wikipedia image

For the past few years, Keith Vernon of Bristlecone Advisors has taken the stage at the University of Washington’s annual business competition awards dinner and read a popular children’s story. The idea is that important entrepreneurial lessons can be gleaned from children’s literature, like last year when Vernon read “The Little Engine That Could.” This year… Read More…

Here are 5 tech companies from Seattle that could take the IPO plunge in 2012

plunge1-bigstock_Man_And_Woman_Diving_319268

The world may be waiting on a Facebook IPO. And while there’s some chatter about whether the $5 billion public offering from the social networking giant will open the floodgates for tech offerings, The Wall Street Journal today notes that it might be a new breed that actually woos Wall Street: enterprise IT companies. That’s… Read More…

Newsmakers 2011: Zulily CEO Darrell Cavens leads daily deal site to meteoric growth

Darrell Cavens of Zulily

Zulily CEO Darrell Cavens likes to move fast, tackling opportunities before the moment passes. And no one, and I mean no one, moved as quickly in Seattle tech as Cavens in the past year. In just 25 months, the operator of daily deals for baby apparel, toys, maternity clothes and other goods has grown from a… Read More…

Daily deal site Zulily raises $43 million at huge valuation of more than $700 million

cavens-wall1

Plopped in the middle of Zulily’s Seattle office is a colorful cardboard rocket ship marking the entrance to the company’s HR and recruiting department. It’s a popular destination. The daily deal site for baby and children’s products has already outgrown three office buildings and mushroomed from two co-founders to 240 employees since it was founded… Read More…