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Tag Archives: Accel Partners

• Lot18 Laysoff 15 % of Employees From Luxury Discount Site

Lot18 Laysoff 15 % of Employees From Luxury Discount Site

Trouble in wine country? Lot18, the membership-based luxury item site that raised a whopping $45 million over the last year, just laid off 14 people, or 15 percent of the staff. “A lot of this is a natural part of the way a business grows and evolves,” Lot18 founder Philip James told Betabeat. “Some positions […]