ZipRecruiter CEO Ian Siegel. Photo: ZipRecruiter
ZipRecruiter, a Los Angeles-based online job posting company, has raised $156 million in new funding co-led by IVP and Wellington Management at a $1.5 billion post-money valuation.
Bottom line: This is only eight-year-old ZipRecruiter's second funding round, after a $63 million Series A in 2014, and it became profitable before ever taking a penny of outside money.
Ret. Gen. Stanley McChrystal endorsed former Vice President Joe Biden for president on MSNBC Thursday.
Why it matters: McChrystal came under fire in 2010 during the Obama administration after a Rolling Stone article quoted him as mocking some top civilian officials — including Biden. The general apologized to Biden but was ultimately pushed to resign.
Illustration: Eniola Odetunde/Axios
Amazon's decision to move its Prime Day to Oct. 13–14 this year will pull the whole holiday shopping season forward by more than a month and help make online retail bigger than ever, as more families shop electronically and jostle to get presents purchased ahead of December holidays.
Why it matters: The reality of the coronavirus pandemic pushing people toward e-commerce combined with the pull of Amazon Prime Day and the Christmas shopping season this year are setting up a bonanza for retailers — but only those with the ability to offer steep discounts, delivery and an attractive online platform.
Illustration: Sarah Grillo/Axios