Match and Square IPOs set for Thursday
Match Group, the parent company of online dating sites Match.com and Tinder, makes its NASDAQ debut on Thursday. 33.3 million shares go on sale at $12 - the lower end of the scale announced to investors last week - valuing the company at $2.9 billion. Match Group will spin out from Barry Diller's IAC as part of the deal. Jack Dorsey's Square also has its IPO on the NASDAQ Thursday. The payments company will go public at almost half the price private investors valued it last year. [New York Times]
ClassPass raised $30M from Google Ventures
, the startup that allows you to purchase access to specific fitness classes in gyms around the city, gathered $30 million in a Series B funding round. The company has spread from New York across three continents and has taken more than 11 million bookings. [Built In NYC]
ZocDoc replaced CEO with his fellow cofounder
Cyrus Massoumi, a co-founder of the company, stepped down as CEO of ZocDoc and was replaced by fellow co-founder Oliver Kharraz. Massoumi is staying on as chairman.
provides medical professionals with an online scheduling platform for patients to book appointments and is valued at $1.8 billion. [Crain’s New York]
NYC Tech companies came out to support Paris
Last Friday’s terrorist attacks in Paris, shook France to its core. Unfortunately New Yorker’s can empathize more than most with the people of Paris and there was an outpouring of support throughout the city. This extended to New York’s tech community and a number of companies provided free services to help contact loved ones in France. [Built In NYC]
Gawker switched tack
Gawker, the online publication that gained popularity for its irreverent coverage of New York and the media, announced that it’s switching to writing about politics. Founder Nick Denton wrote a memo to employees saying that Gawker will reorient its editorial scope on political news, commentary and satire. [New York Times]
NYC dominated Deloitte's report of fastest growing tech companies
Deloitte released their fast 500 report, which lists the fastest growing tech companies in North America. New York’s StartApp, which designs mobile ads, topped the list. In total there were 42 NYC companies on the list. [Built In NYC]
FanDuel stopped taking bets in New York
finally submitted to the New York Attorney General's cease and desist order on Tuesday. The move came after both FanDuel and DraftKings request for a temporary restraining order against the decision was turned down by a New York court on Monday. FanDuel has vowed to continue fighting in the courts. [CNN Money]
IAC attempt to buy Angie’s List
New York online media giant, InterActiveCorp made a very public bid for consumer review website Angie’s List this week. Shares in Angie’s List rallied when the bid was first announced, but eventually the board decided to rebuff the offer from IAC. [Built In NYC] [Crain’s New York]
Online wedding gift registry, Zola, raised $10M
raised $10 million in a Series B funding round led by Canvas Ventures. The New York-based company offers personalized wedding registries. Instead of traditional gifts like kitchenware, couples can choose more unique items such as Blue Apron subscriptions, artwork and wine tastings. [Built In NYC]
