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HubSpot

Full Coverage: HubSpot fires executive over ethics breach

On Wednesday, Cambridge-based marketing firm HubSpot announced that it had fired its chief marketing officer Mike Volpe for violating the company’s ethics code. Full coverage of this story can be found at the links below.More →

Fashion

Online custom-suit maker Indochino opens Boston storefront

By Boston Globe

Customers Joshua Wild of Full Circle Development (left) and J. Daniel Duval of Elevated Realty discussed fabric selection in the new Newbury Street menswear shop Indochino.

Indochino’s 1,450-square-foot store on Newbury Street is set up to reflect the suit-making process, with areas to take measurements, choose fabrics, and select custom options. In total, the company has six locations, all of them opened in the past year.More →

deals

Internet home-goods retailer Wayfair sells its Australian business

By Karishma Mehrotra

Wayfair cofounders Steve Conine, left, and Niraj Shah, at the Wayfair offices.

Temple & Webster will take over the Australian segment for Boston-based Wayfair, which went public in 2014. The home-goods retailer didn’t say how much the transaction was worth, but said it was focusing on North America and Europe.More →

Transportation

Uber raises even more money, reportedly valued at $50B

By Curt Woodward Follow

Word of the latest mega-financing round for the ride-for-hire company comes via The Wall Street Journal, which says that Uber raised close to $1 billion in the round, bringing its total funding to more than $5 billion.More →

Infrastructure

SimpliVity should be IPO-ready in 2016, CEO says

By Curt Woodward Follow

SimpliVity, a digital infrastructure supplier, was already valued at more than $1 billion in its last private fundraising round. Today, chief executive Doron Kempel tells Bloomberg that the company plans to be ready for an initial public offering by the end of next year.More →

Health Tech

Newton startup Wellcoin makes fitness pay

By Hiawatha Bray Follow

People of a certain age remember Green Stamps—little coupons, good for discounts or free swag, that consumers would receive at the supermarket checkout line. Now a Boston doctor is reviving the concept in a bid to make physical fitness pay off.More →

HubSpot

HubSpot book author Dan Lyons well known in high-tech circles as a ‘muckraker’

By Cal Borchers Follow

Daniel Lyons, creator of the Fake Steve Jobs blog, signs his book, oPtion$, written in the Fake Steve persona at the Stacey's bookstore in San Francisco on Friday November 2, 2007.

Dan Lyons, the Winchester man at the center of a scandal involving HubSpot, one of Kendall Square’s hottest companies, may not be a household name, but he is well known in tech circles.More →

Innovation Economy

HubSpot CEO and CTO discuss firing of company’s ‘third founder’ over attempts to obtain book manuscript

By Scott Kirsner Follow

HubSpot co-founders Dharmesh Shah and Brian Halligan.

Less than 24 hours after the Cambridge marketing firm HubSpot dropped a cryptic press release announcing that they had fired an executive for ethics lapses, HubSpot chief executive Brian Halligan said that the chief marketing officer in question, Mike Volpe, had engaged in “some really aggressive tactics” to try to get a copy of the manuscript to a forthcoming book by a former HubSpot employee. But Halligan wouldn’t reveal much more, saying that company attorneys had advised him not to describe what exactly those tactics were — even to the company’s employees, whom he addressed in an 11 a.m. meeting on Thursday.More →

MassChallenge

MassChallenge held its 2015 Startup Showcase on Wednesday night

By Eden Shulman Follow

On Wednesday evening, startup accelerator MassChallenge unveiled the companies participating in its 2015 class in a showcase at the Seaport Hotel in Boston. The event drew a crowd of over a thousand people interested in speaking with the 128 startups that make up this year’s Boston cohort.More →

HubSpot

A HubSpot who’s who: The players involved in the ethics breach

By Globe Staff

A look at the players involved in the HubSpot controversy, which centers around a former executive’s attempt to access a draft copy of a book written about the Cambridge-based marketing firm. More →

Investing

Wall Street not worried about HubSpot executive shakeup as questions swirl

By Curt Woodward Follow

HubSpot employees and executives celebrated its IPO in 2014.

An executive shakeup at software company HubSpot didn’t seem to worry investors, who left the company’s stock largely unchanged Thursday after disclosures that HubSpot’s marketing chief was fired for trying to obtain an unpublished book manuscript about the company.More →

Legal

HubSpot now says employees did know details of book incident

By Curt Woodward Follow

HubSpot now says some of its employees do know the details of an investigation that got its marketing chief fired, after first denying any knowledge.More →

Innovation Economy

Big questions ahead for HubSpot after dismissal of top marketing executive

By Scott Kirsner Follow

Brian Halligan, CEO and Co-Founder and
Dharmesh Shah, CTO and Co-Founder of Hubspot ring the Opening bell at the New York Stock Exchange on October 9, 2014 in New York City. Former CMO Mike Volpe has his fist next to the top of the S in the picture.

Boston’s most transparent tech company went all opaque on us yesterday.

HubSpot, the publicly-traded maker of sales and marking software, tossed out a press release at 4:45 p.m. Wednesday announcing a new chief marketing officer, Kipp Bodnar. Oh and by the way, the release added, HubSpot has fired its prior CMO, Mike Volpe, for trying to obtain a copy of a not-yet-published book about the company. And the board had “sanctioned” HubSpot’s CEO and co-founder for not telling the board quickly enough what he knew about Volpe’s efforts to procure this unpublished manuscript.More →

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