Bits & Bytes: The RealReal Raises $40M, Apple Watch Sales, Is Pinterest Worth Billions?

"Luxury Consignment Startup The RealReal Continues Growth, Collects Another $40 Million" (Forbes)
"On Thursday, The RealReal announced that it had raised $40 million in a round led by Greenspring Associates to fuel international expansion and explore possible acquisitions."

"At One Year Old Is Apple's Watch a Flop? Not Exactly." (Fortune)
"Apple Watch sales, at an estimated 12 million in their first year, according to the The Wall Street Journal, were double the first-year iPhone sales, at 6 million."

"Pinterest Reinvents Itself to Prove It's Really Worth Billions" (Wired)
"Nearly three dozen designers and engineers have spent the past several months tearing out the skeleton of Pinterest's iOS app and rebuilding it."

"Retail Giant Central Group Is Buying Zalora's Businesses in Thailand and Vietnam" (TechCrunch)
"Zalora, the fashion-focused e-commerce site backed by Rocket Internet, is selling its businesses in Thailand and Vietnam to retailer Central Group, according to multiple sources close to the deal."

"Why Silicon Valley VC Firms Fund Online Retailers Like Dollar Shave Club" (The Seattle Times)
"Not all venture-capital money goes to support technology startups. A good chunk goes to companies whose tech inventory consists of nothing more than a website and a social-media team."