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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...

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Meetup 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...

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Groupon 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...

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Why 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...

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Morgan 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,...

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If 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...

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Which 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...

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Christopher 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...

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NYT 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...

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Former 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...

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V. 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...

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You’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...

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Groupon 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...

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British 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...

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Adviser 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...

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Smiling 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

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LivingSocial 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.

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Booting 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

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Booting 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

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AppNexus 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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