Around the World in a Flash
Gilt Groupe keep growing. We reported recently that the site is hiring one new staffer a day and that it acquired the daily deal site BuyWithMe. Today, news broke that Gilt is pushing into 90 new countries, offering flash sales and full price home decor items.
After its recent funding round of $138 million introduced Gilt to the billionaires club, there’s been persistent chatter about an IPO. International expansion may be key to expanding revenues before a push onto the public markets.
At his company’s hackathon this weekend, Foursquare co-founder Dennis Crowley hit 5,000 check ins. But the adventurous CEO is so busy traveling the world pitching his product, he hasn’t managed to lock down a single mayorship.
Foursquare is clearly a global phenomenon. Along with the developers in NYC, coders in Paris and Tokyo contributed hacks to this weekend’s event.
Now that it’s passed 1 billion check-ins and hired a full time data scientist, Foursquare decided to share this amazing video of what a week of check in activity looks like across the globe.