googledelivery

Chart: As same-day shipping ramps up, retailers focus on free shipping

If same-day delivery is the future of retail, then the present is all about free shipping. Free shipping continues to gain in importance, hitting an all-time (non-holiday) high in the first quarter at 58 percent, according to ComScore. Free shipping in the fourth quarter, which is the busiest period for e-commerce, hit an even more impressive high at 67 percent. But… Read More

kpcb11111

Kleiner Perkins says VC fund performance is weak, and they’re going to fix it

Here’s a sign of the changing winds in the venture capital business. Kleiner Perkins Caufield & Byers, one of Silicon Valley’s top venture capital firms, recently told a group of its limited partners that fund performance has not met expectations. Citing people familiar with the discussions, Reuters reports that partners at the firm recently told… Read More

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Traffic navigation startup Waze nets $30M from Inrix backer KPCB

People must really hate getting stuck in traffic. Waze, a Silicon Valley startup, just landed a whopping $30 million in venture capital financing to help people better navigate through congested highways and side streets. That followed a $25 million round for the company last year, creating a potentially interesting dynamic with Kirkland-based rival Inrix. Inrix,… Read More