Groupon: No IPO. No Google Sale. We’ll Just Raise a Gajillion Dollars On Our...
Group coupon startup Groupon has apparently filed a certificate indicating it could raise up to $950 million, the blog VC Experts reported today. This would be Groupon’s seventh round or Series G...
View ArticleMeetup Gets Its Group On With Deal Perks
Meetup.com is jumping on the group buying bandwagon, launching a new feature called Meetup Perks. The site is creating a self-serve platform so businesses can source deals to groups of potential...
View ArticleGroupon Rival BuyWithMe Has a CEO Again
Local Groupon competitor BuyWithMe ousted its CEO Cheryl Rosner in December after eight months on the job, and the company just named her replacement today. Jim Crowley was President and CEO of...
View ArticleWhy Today's Tech Market Is Not Like 1999
The huge leap to multibillion-dollar valuations for Facebook and Groupon in the past weeks has led to a rash of warning that we’re entering a bubble, one that may end as badly as the dot-com bubble did...
View ArticleMorgan Stanley Gains Upper Hand in Groupon IPO Scramble
Weeks ago, Goldman Sachs seized the media’s imagination by getting an inside track on the initial public offering of Facebook, a social network so large that David Fincher made a movie about it. Today,...
View ArticleIf The Social Network Was About Groupon
With investor interest in group discount site Groupon at an all time high, it seems only a matter of time before the company gets its own David Fincher-directed movie. And so The Observer asks the most...
View ArticleWhich Web Startup Is Worth the Most Per User?
A lot of startups these days are achieving massive, billion-dollar valuations based on the big bets investors are taking on them. Sometimes these companies have real revenue, or profit, like Facebook...
View ArticleChristopher Guest Directed That Groupon Ad [Watch]
Anyone who was paying attention during last night’s Super Bowl was surprised for fifteen seconds that a pro-Dalai Lama advocacy group had managed to buy ad time for a spot on the troubles Tibet...
View ArticleNYT Goes Gilt With Daily Deal Email, TimesLimited
What better way for old media properties like the NY Times to beef up their bottom line than to jump on the bandwagon of daily deal sites that have been heating up the tech sector. Market leader...
View ArticleFormer DoubleClick Execs Launch Group Buying Platform For Publishers
The e-commerce giant Groupon has spawned nearly 200 imitators in its short life. Group Commerce, a new venture from a trio of former DoubleClick vets, is looking to capitalize on that market without...
View ArticleV. S. Naipaul Hates Lady Writers, and More in Your Daily Quiz
So much happens each day–how to keep it all straight? Time to test your memory! –Which bubblicious web company is to be granted a $750 million imprimatur (must be those witty, charming emails they send...
View ArticleYou’re Paying Too Much for Bottle Service: Bookabottle Can Help
La Pomme. Thomas Monson, the founder of Bookabottle, met The Observer at midnight on a corner of Union Square in a black two-door BMW. He leaned a dress sneaker against the door, drumming his fingers...
View ArticleGroupon is Now Giving Groupons…for Groupon
Groupon Cat, pawning his bling.Remember Groupon? It’s the daily deals company that went public in November, much to the excitement of the investment banks who helped take a chunk of the company’s cash...
View ArticleBritish Lawmakers Find Flaw With Barclays’ Ex-CEO Bob Diamond; Deutsche Bank...
British lawmakers published results of their investigation into Barclays efforts to manipulate Libor and other interbank lending rates. They were less than happy with cooperation provided by former CEO...
View ArticleAdviser Who Sold Facebook Shares He Didn’t Own Faces Sentence Up To 45 Years
Palm Beach County Jail Remember when everyone wanted Facebook stock? When getting pre-IPO shares was a point of pride, when retail investors worried they weren’t big enough fish to rate allotments from...
View ArticleSmiling Andrew Mason Tells Henry Blodget That Contrary to Reports, Groupon...
What’s a young CEO to do amid rumors that he may soon be relieved of his duties? Hunker down and
View ArticleLivingSocial Lays Off 400 as Daily Deals Lag
Bet you thought the next big story in the ailing daily deals business was going to be Andrew Mason’s ouster.
View ArticleBooting Up: What Is Art? Edition
And it seemed like British politicians had let the internet off the hook in crafting proposed regulations to reign in
View ArticleBooting Up: Get Ready to be Publicly Embarrassed By Your Netflix Habits
Obama just signed into law a bill that makes it legal for Netflix to share what you watch on your
View ArticleAppNexus CEO on $75 M. Round: ‘It’s Not Because We’re an Ad Business, It’s...
For a city that has wears its ambition to become a technology hub on its sleeve, New York lacks those
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