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Patti Payne’s Cool Pads: Tech exec Brian Janssen’s waterfront estate listed at $15 million
A secluded, elegant property on the shores of Lake Washington in Seattle’s Mount Baker district is on the market for $15 million. Windermere brokers Deirdre Doyle and Patrick Chinn have the listing. “This is one of the last remaining pieces of property like this in the area with this much waterfront – it is a stunning piece of property,” says Chinn. Doyle says this property is a rare chance to have an in-city legacy waterfront retreat with 240 feet of lake frontage. “The house is set…
Amazon ramps up Amazon Go hiring in Seattle, signaling more checkout-free stores are on the way
Amazon has said it doesn’t plan to use the technology in its Whole Foods Market stores, but customers are getting used to scanning their smartphones at checkout for discounts.
Seattle City Council gives preliminary OK of $700M KeyArena renovation
The council’s Select Committee on Civic Arenas voted 7-0 for the plan, ensuring the measure will pass on the final vote scheduled for Sept. 24.
Adobe CEO downplays Marketo buyout rumors, but says more big M&A deals are possible
Adobe Systems CEO Shantanu Narayen is downplaying reports this week that the San Jose-based company is in talks to buy smaller rival Marketo for billions of dollars. Speaking on CNBC on Thursday, Narayen said his company is currently focused on integrating another multibillion-dollar acquisition — its purchase this summer of Campbell-based ecommerce platform Magento — into Adobe. Reuters reported earlier this week, citing unnamed sources close to the discussions, that Adobe is quietly negotiating…
S.F. auto sales startup lands $140M in new funding, plans expansion outside California
San Francisco-based Shift Technologies, Inc. has raised $140 million in funding, the company said Thursday. The online car retail startup plans to expand its reach beyond the Golden State auto market and bolster its technology platform. Shift serves both car buyers and sellers, offering quotes on its website and on-demand test drives. The company also gives customers a 150-point inspection, as well as a seven-day money back guarantee. “If you want to sell your car, we are the only place right…
The Funded: SurveyMonkey sets IPO terms as Bay Area startups rake in almost $400M in fresh funding
Bay Area startups raised $370 million in new funding in the second half of the week as one more life sciences company went public and SurveyMonkey set the pricing terms for its IPO. Here’s a closer look. SurveyMonkey has set the terms for its much-anticipated IPO, planning to sell 13.5 million shares at $9 to $11 each when it debuts on the Nasdaq with the ticker symbol “SVMK.” Pricing in the middle of that range would give the San Mateo-based company an initial market cap of $1.2 billion. The…
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