Now the company has announced its acquistion by... Sears Holdings. The price of the acquisition was not disclosed, but chances are that this is not a 'happy exit' for Delver's investors, mainly Carmel Ventures who invested $4 million in Delver. The company struggled to raise 6 million NIS in recent months.
Globes reports about the possible grim future of Delver, if the company can’t solve its cash flow problems in the next 30 days. According to founder Liad Agmon Delver is up for sale and it is currently in contact with…
Markets plummeted this week, evaporating millions of dollars in value for well established public companies. But what does it mean for startups? Here’s what the VCs have to say: Ron Conway, Sequoia (Rip Good times ppt), Benchmark and Israel’s Danny…
On May 19-20, Globes, DEMO and Red Herring will be holding a startup competition at the Israel Venture Association (IVA) conference. Each startup will have six minutes to present and the winner will receive automatic entry as a finalist at…
After a week packed with meetings, presentations, pitches and networking opportunities, the Israel Web Tour concluded on Friday after a great party at Slide. I believe that sharing is caring, so I thought I’d share with you my notes from the…
Volatility in the markets soared this past week as we approach the end of the first month of 2008, and as we’ll approach the likely reality that the US has already entered a recession. The San Francisco Business Journal asked…
