1115 posts and columns on Industry Moves
Scott Thompson, the CEO of ShopRunner and onetime CEO of Yahoo, has joined the board of directors of Radius, a startup that helps salespeople build targeted lists of prospective small-business customers. Radius started off as Fwix, an aggregator of so-called “hyperlocal content,” and has raised more than $30 million from BlueRun Ventures, Comcast Ventures and American Express.
News Bytemuch-hyped payments startup, plans to lay off somewhere in the neighborhood of 20 percent to 25 percent of its employees, or about 16 people, AllThingsD has learned. The move was led by former Netflix CFO Barry McCarthy — now Clinkle’s new COO — who wants to bring in more experienced staff. Fortune’s Dan Primack was the first to report the news.
News Byte“Microsoft investor relations dude-in-chief.” Puppet Labs develops IT automation software, with almost $46 million in funding from Kleiner Perkins, Google Ventures, True Ventures, VMware and others.
News Bytetapped to run the quickly-killed DVD business Qwikster, has been hired by Clinkle, the yet-to-launch payments startup that recently hired ex-Netflixer Barry McCarthy as COO. At Clinkle, which has already experienced high turnover despite its high-profile backers, Rendich will run customer service and data warehouse operations.