The Fascination, an online marketplace which showcases up-and-coming, mission-driven brands, has raised $1 million in seed funding to support the growth, design and development of the platform, the company announced on Tuesday . The Fascination was founded by DTC mattress brand Leesa's founders, David Wolfe and Matt Hayes, and features over 150 DTC brands.
New investors and members in this seed round include 20 founders and CEOs of digital businesses. Since its late 2020 launch, the company has grown to feature Allbirds, Warby Parker, Brooklinen and various other emerging DTC brands, per the press release.
Many businesses may keep the cash-free model they started in the pandemic - Marketplace
Like many eating establishments during the pandemic, the restaurant Dune in Los Angeles' Atwater Village neighborhood made a lot of changes. Customers can't enter the building, must order over an intercom and eat at tables outside on the sidewalk. And, they can only pay using digital systems or credit cards.
"We are a very high volume restaurant," Phan said. "For a customer to be fluffling around with their wallet, maybe some even trying to give you the precise change … if you can just tap your phone, you’re done, you’re out, and we can attend to the next customer."
'Ohana Hale Marketplace Vendor Spotlight: Tanoa Hawai'i
Aaron Forsgren of Tanoa stands with his Samoan and Polynesian-inspired print apparel. Photo: Anthony Consillio
S pecializing in men’s, women’s and children’s apparel that feature Polynesian- and Samoan-inspired designs, clothing store and fashion brand Tanoa Hawai‘i has operated out of ‘Ohana Hale since the marketplace opened in 2018. When pandemic-related restrictions led to closures at ‘Ohana Hale throughout 2020, Tanoa owners Aaron and Cindy Forsgren were surprised and a little puzzled.
With New Online Marketplace, Community Colleges Hope to Better Compete With For-Profits | EdSurge
They're about a decade behind their university counterparts, who helped to found edX in 2012 , the same year that startup Coursera launched its competing service, now worth millions .
But leaders of a new platform called Unmudl say the time is right for community colleges to collaborate and make their workforce-training programs available more widely by marketing them through a shared website.
It's a vision quite different from the traditional mission of community colleges to serve their communities—the literal, physical ones that surround their campuses.
TV upfronts went virtual this year. Is that all that changed? - Marketplace
Most years, the TV upfronts are a week of big events in New York City where the networks present “sizzle reels” of their fall lineups and schmooze advertisers in the hopes of selling ad spots. But the pandemic interfered, leading many networks to cancel their formal presentations in 2020 and leading them to go completely virtual this year.
Are those the only changes? The upfronts have expanded over the years to include digital and targeted media. These days, there are upfronts for podcasts; upfronts for platforms like YouTube and Buzzfeed; and this year, the first-ever Black-Owned Media Upfronts .
Long-awaited development begins at the Highland Marketplace - Utah Business
MNG has completed the purchase of 40,000 square feet of existing retail and 9.2 acres of land for which they've received site approval to build on. Mountain West Commercial Real Estate's agent Lance Pendleton helped in the success of the transaction and continues to help develop the space.
"Mountain West Commercial has played a critical role in our acquisition of this unique property from initial introduction to the final closing nearly 3 years later. Lance was instrumental in helping MNG navigate a complicated transaction that consisted of both existing commercial buildings and developable land ultimately closing 6 months into the COVID-19 pandemic," says Daron Young, CEO of MNG.
Florida Enacts Remote Seller Nexus and Marketplace Provider Laws | Blank Rome LLP - JDSupra
On April 19, 2021, Florida joined a growing number of states in enacting legislation imposing sales and use tax collection obligations on remote sellers lacking a physical presence in the state and requiring so-called marketplace providers to collect and remit sales and use tax with respect to taxable sales that they facilitate through a marketplace. S.B. 50, 2021 Leg., 2021 Sess. (Fla. 2021).
Remote seller nexus laws like Florida’s come in the wake of the U.S. Supreme Court’s decision in South Dakota v. Wayfair, Inc. , 138 S. Ct. 2080 (2018), holding that physical presence was not a constitutional requirement for states to impose sales and use tax collection obligations on remote sellers.
Marketplace Lending Update #9: To Thine Own Self Be True?
On May 11, the Senate voted 52-47 (with three Republicans joining 49 Democrats) to pass a joint resolution under the Congressional Review Act (“CRA”) to disapprove of ( i.e. , rescind) the Office of Comptroller of the Currency’s final rule relating to “National Banks and Federal Savings Associations as Lenders” (the so-called “True Lender Rule”). The House of Representatives has not yet acted on the joint resolution.
Notwithstanding the OCC’s stated reasoning for the True Lender Rule, the Rule has a number of critics. In arguing for the CRA joint resolution, Senate Majority Leader Chuck Schumer noted the more than 40 states that have passed laws to limit predatory, usurious lending, and that repealing the OCC True Lender Rule would repeal a rule that he stated “permits predatory lenders to exploit small businesses and working Americans.”
Self-driving cars might never be able to drive themselves - Marketplace
Molly Wood: Is there an awareness of this, do you think? Is everybody sort of still trying to push the same solution when it comes to self-driving cars? Are people starting to realize these limitations and internalize them and change their approach at all?
Cummings: I think there are three camps of people not just in self-driving, but in robotics and artificial intelligence in general. There’s the camp of people like me who know the reality. We recognize it for what it is, we’ve recognized it for some time, and we know that unless we change fundamentally the way that we’re approaching this problem, it is not solvable with our current approach.
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