After raising just shy of $20 million in venture funding, Hunch will now reportedly be purchased by Ebay for $80 million. Ebay will use Hunch to power its recommendations. Hunch cofounder Chris Dixon will take over the 50-person recommendations team and start a new office in New York that is expected to quadruple in size.
Ticketing site SeatGeek has been on a tear recently, announcing big traffic growth and a partnership with Yahoo. Now the startup is taking the rich data set it built up selling tickets for sporting events and concerts and branching out to recommendations, creating a service called “Columbus” to help users find games and concerts they didn’t know about but might enjoy. Read More
Etsy, the pride of Dumbo’s Silicon Beach neighborhood, is getting into the trendy field of providing its users with recommendations about which products they might like.
Fred Wilson, whose Union Square Ventures is an investor in Etsy, blogged about the new recommendation service, Etsy Taste Test, this morning.
The idea is you click on stuff Read More