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


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


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