Tag: "IPO"
Google to Launch GroupOn competitor – Google Offers
Google is looking to launch a competing service to famous US and International daily offers website, GroupOn. Google tried to purchase GroupOn a few months ago for $6 billion, but the offer was rejected and GroupOn is now looking to go ahead with a $15 Billion Initial Public Offering (IPO). With Google’s huge resources, brand […]
Read More | ShareFacebook raises $500 Million in Funding
Facebook has raised an additional US$500 million in a new round of Venture Capitalist Funding. Goldman Sachs has invested $450 million and Russian investment firm Digital Sky Technologies has invested $50 million. This puts Facebook at a valuation of around US$50 Billion. There has been speculation that an initial public offering (IPO) will be set […]
Read More | ShareFoursquare Founders walk away with $4.6 million from VC funding
In the second round of Venture Capitalist funding, Foursquare Co-Founders Dennis Crowley and Naveen Selvadurai have walked away with $4.6 million USD jointly from the $20 million given. Foursquare has said the founders sold shares so that investors could buy more. This allowed the Venture Capitalist to reach their desired equity level in the company. […]
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