Shift Technologies (online Marketplace)
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Shift Technologies (online Marketplace)
Shift Technologies, Inc. was an American company that sold used vehicles online and also maintained a consignment-based online marketplace for buying and selling used cars. Founded in 2014, Shift was based in San Francisco's Mission District. , the company offered its services in the San Francisco Bay Area, Greater Los Angeles, and Portland, OR. On October 6, 2023, Shift Technologies announced its intentions to file for Chapter 11 bankruptcy. As of that date, its final two locations in Oakland and Pomona, California, and its website are no longer in operation. History Shift was founded in 2013 by: George Arison, Toby Russell, Minnie Ingersoll, Christian Ohler, Joel Washington and Morgan Knutson. The company was incorporated in 2014, and first launched in San Francisco in 2015. The company initially served as an intermediary that bought and sold used cars on a consignment basis. The company then began acquiring cars outright and reselling them on its platform direct to buyers ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Highland Capital Partners
Highland Capital Partners is a global venture capital firm with offices in Boston, Silicon Valley, and San Francisco. Highland has raised over $4 billion in committed capital and invested in more than 280 companies, with 47 IPOs and 134 acquisitions. History Investments and investment funds Highland is typically the first institutional investor in the companies they back. Since its founding in 1988, the firm has raised eleven venture capital funds: * 1988 — Highland Capital Partners * 1992 — Highland Capital Partners II * 1996 — Highland Capital Partners III * 1998 — Highland Capital Partners IV * 2000 — Highland Capital Partners V * 2001 — Highland Capital Partners VI * 2006 — Highland Capital Partners VII * 2009 — Highland Capital Partners VIII * 2013 — Highland Capital Partners 9 * 2018 — Highland Capital Partners 10 * 2020 — Highland Capital Leaders Fund Notable investments The company has invested some $4 billion in more than 280 companies ...
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Online Marketplaces Of The United States
In computer technology and telecommunications, online indicates a state of connectivity, and offline indicates a disconnected state. In modern terminology, this usually refers to an Internet connection, but (especially when expressed as "on line" or "on the line") could refer to any piece of equipment or functional unit that is connected to a larger system. Being online means that the equipment or subsystem is connected, or that it is ready for use. "Online" has come to describe activities and concepts that take place on the Internet, such as online identity, online predator and online shop. A similar meaning is also given by the prefixes cyber and e, as in words ''cyberspace'', ''cybercrime'', ''email'', and ''e-commerce''. In contrast, "offline" can refer to either computing activities performed while disconnected from the Internet, or alternatives to Internet activities (such as shopping in brick-and-mortar stores). The term "offline" is sometimes used interchangeably w ...
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Companies That Filed For Chapter 11 Bankruptcy In 2023
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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Internet Properties Established In 2014
The Internet (or internet) is the Global network, global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a internetworking, network of networks that consists of Private network, private, public, academic, business, and government networks of local to global scope, linked by a broad array of electronic, Wireless network, wireless, and optical networking technologies. The Internet carries a vast range of information resources and services, such as the interlinked hypertext documents and Web application, applications of the World Wide Web (WWW), email, electronic mail, internet telephony, streaming media and file sharing. The origins of the Internet date back to research that enabled the time-sharing of computer resources, the development of packet switching in the 1960s and the design of computer networks for data communication. The set of rules (communication protocols) to enable i ...
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Retail Companies Established In 2014
Retail is the sale of goods and Service (economics), services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturing, manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a Profit (accounting), profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar store, bricks and mortar and Online shopping, online retailing. Digital technologies are also affecting the way that co ...
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Companies Based In San Francisco
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation p ...
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Transportation In Los Angeles
Los Angeles has a complex multimodal transportation infrastructure, which serves as a regional, national and international hub for passenger and freight traffic. The system includes the United States' largest port complex; an extensive freight and passenger rail infrastructure, including light rail lines and rapid transit lines; numerous airports and bus lines; vehicle for hire companies; and an extensive freeway and road system. People in Los Angeles rely on cars as the dominant mode of transportation, but since 1990 the Los Angeles County Metropolitan Transportation Authority has built over of light and heavy rail serving more and more parts of Los Angeles and the greater area of Los Angeles County; Los Angeles was the last major city in the United States to get a permanent rail system installed. Intercity Transportation in Greater Los Angeles is a complex multimodal transportation infrastructure, which serves as a regional, national and international hub for passenger and fr ...
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