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Exclusive: Warby Parker Seeks to Raise $75 Million
Warby Parker is looking to raise $75 million for its Series E round of financing, Cheddar has learned. The eyewear company disclosed its plans to raise money in a filing with the state of Delaware on March 7 that was signed by its CEO Neil Blumenthal. 
Exclusive: Congressman Gutierrez Calls Out Carl Icahn For Possible Insider Trading Around Trump Tariffs
Rep. Luis Gutierrez (D-IL) wants the SEC to investigate possible insider trading by Carl Icahn, President Trump's friend and former adviser, who sold shares in industrial company Manitowoc days before tariffs were announced. 
Wyoming Wants to Be a Crypto Hub
State Rep. Tyler Lindholm and State Sen. Tara Nethercott joined Cheddar to discuss a new crypto-related law in Wyoming and explained why the state could be a good location for blockchain miners.
The Reason Robbie Kaplan Founded #TimesUp

Robbie Kaplan, co-founder of the #TimesUp movement, says sweeping changes to laws in recent years have dissuaded attorneys from taking on harassment cases on behalf of women. The legal defense fund aims to change that.



Shares of the meal-kit delivery company plunged more than 16 percent Thursday, after Weight Watchers announced its own line of prep-at-home products. The offering, "WW Healthy Kitchen", will be available at grocery stores, as will a line of kitchen tools. It's the latest bit of competition for Blue Apron, whose stock hit $2 a share on the news, bringing losses to nearly 80 percent since its June IPO. Outside the many pure-play meal-kit companies in the field, from HelloFresh to Purple Carrot to Sun Basket, larger rivals are also getting in on the action. Walmart said this week it would roll out a line of kits at its stores, grocery giant Albertsons acquired Plated, and even Amazon debuted its own service in some markets last year.


The struggling retailer hasn't been unable to find a buyer or restructure its debt, which could mean it's forced to liquidate its entire U.S. operation. The company, which filed for bankruptcy for the second time in September, is apparently at risk of defaulting on a $3.1 billion loan, thanks to weak holiday-season sales. And the struggles of Toys "R" Us are having knock-on effects for the biggest toy makers in the country. Shares of Hasbro and Mattel, both of which hold debt in the company, saw significant losses after hours.


Travis Kalanick launched a new venture capital fund focused on "large scale job creation". The firm, called "10100" (and pronounced "ten, one hundred"), is reportedly named after the address of his childhood home and will invest in start-ups with between 10 and 100 employees. It will look for opportunities in real estate, e-commerce, and emerging technologies in China and India. The former chief of the ride-hailing giant has largely kept a low profile since resigning from his post last June amid a slew of scandals. While he does retain one board seat, he sold off a third of his shares in the company for a reported $1.4 billion. That's quite a starting point, in case he's looking to self-fund any of 10100's early deals...

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