Some of the early backers of Groupon Inc., GRPN -2.11% including Silicon Valley veteran Marc Andreessen, are heading for the exits, joining investors who have lost faith in companies that had been expected to drive a new Internet boom.
At least four Groupon investors who held stock more…
One of the fastest-growing companies in the history of the world, Groupon, is now running seriously low on cash.
The company is not broke, by any means. It can also presumably raise additional capital in the private markets if its IPO gets further delayed. more…
Fabrice Grinda is an entrepreneur, investor, and co-founder of OLX, Inc.
A few weeks ago, I was invited to give a keynote speech at La Red Innova in Madrid. La Red Innova is the premier Spanish and Latin American tech conference. As I have given a few keynotes on entrepreneurship, OLX, my 9 business selection criteria and the travails of running global businesses in the past, they asked me to speak about my angel investing strategy. more…
NEW YORK – Russia’s largest Internet company and most visited website goes public today with an initial public offering (IPO).
Yandex, a popular search engine and web portal that has shown a profit since 2002, will offer 52.2 million shares priced between $24 and $25. more…
