Rakesh Sharma | Street Fight

What Investors Look for in a Hyperlocal Startup

Rakesh Sharma

What Investors Look for in a Hyperlocal Startup

The hyperlocal industry has seen a spurt of big funding news over the past few months with companies like Booker and FoodPanda nabbing double digit rounds. During an afternoon panel discussion at Street Fight Summit West in San Francisco, Alex Ferrara of Bessemer Venture Partners and Sharon Weinbar, a partner at Scale Venture Capital, broke down the way in which they approach investing in the local space…

Yelp VP Ghaffary: 2.5 Trillion in Commerce Will Remain Offline

Rakesh Sharma

Yelp VP Ghaffary: 2.5 Trillion in Commerce Will Remain Offline

Contrary to Marc Andreessen’s recent claim, offline retail is not going to die, said Mike Ghaffary, VP at Yelp, during the morning keynote at Street Fight Summit West in San Francisco Tuesday. Ghaffary argued that the majority of the over $3 trillion in commerce will stay offline — and subsequently, the largest opportunity isn’t in bringing commerce online, but in using the web to support it offline…