Technically Philly’s Startup Roundup parses out the small pieces that make our greater Startup ecosystem thrive. We want to keep you in touch with the innovations that we can’t quite get to covering, but that deserve highlight. Follow along with the Startup Roundup’s dedicated newsletter or RSS feed. If you’ve got news to share, get in touch.
The $2.4 billion GSI Commerce deal is everywhere. Mike Armstrong wonders how First Round Capital’s Josh Kopelman might have impacted the deal, considering he joined GSI’s board in February and sold his own company, Half.com, to the auction giant. Law firm Morgan, Lewis and Bockius worked on the deal locally, along with a handful of other local advisers. ABCNews reports that GSI is doing well on the market, up almost $10 to $29.16 after Monday’s announcement. The Wall Street Journal ran a piece about eBay’s poor bets on deal-making, including acquisitions of StumbleUpon, Shopping.com and Bill Me Later. Reuters reports that two of GSI’s merchandise businesses, Rue La La and ShopRunner, won’t be important to eBay’s long term strategy.
Startup Leaders is gearing up for Entrepreneur Expo tomorrow. Forty folks will be showing off their startups. The group also posted a link to its Philly Tech Week event Tech Talent Found, which hopes to pair startups with talented developers. The site was down this morning, but tickets are available here.
GIVE A GLANCE
Viddler was representing at SXSW earlier this month, and the company was using its new video contest manager, which lets clients customize and manage video campaigns used in user-submission video contests. One word on the prizes: Thuggies.
The Inky’s Mike Armstrong reports that startup job creation slowed starting long before the recession, back in 2007, to a tune worst in 30 years, new census data says. Oof.
MIGHT BE WORTH YOUR TIME
How this months-old healthtech startup is building its business in the midst of the pandemic
Power Moves: An entrepreneur who’s using her company-building skills to become an investor
Study: The Philly region is on track to add thousands more cell and gene therapy jobs in the next 10 years
This Penn startup uses ‘ethical AI’ to avoid racial profiling in shoplifting monitoring
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