Lerer Hippeau Ventures announced yesterday that it has closed its fourth seed-stage fund with $62 million, up from the $50 million it raised for its third fund. According to Eric Hippeau, one of the firm’s four managing directors, the firm plans to hire more support staff, and the initial checks it writes to startups will […]
Warby Parker
Another Niche E-Commerce Company, Jack Erwin, Takes Off
VCs must be hearing a lot of pitches from companies that want to be the next Warby Parker, the chic discount online eyeglass vendor, whether it be high-tech wine gadgets, fitted shirts, or dress shoes for men. If the market is getting saturated with these new brands, you wouldn’t know it. In fact, this morning, another new shoe […]