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Yelp Check-in Deals, Groupon Wants More Funding
Yelp said last week that it’s going to add offers/deals as an incentive to check in. I had wondered when there were going to tie their long-standing local merchant offers to check-ins. However this is...
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Qype Grabs EUR 6.5M in New Funding
German-based local reviews site Qype has raised another EUR 6.5 million (8.7 million USD). Vodafone is an investor according to TechCrunch. That means Vodafone will pre-load the Qype app on selected...
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Amazon Invests $175M in LivingSocial
Here it is . . . hot off the wires: LivingSocial has secured a $175 million investment from Amazon. LivingSocial has also secured an additional $8 million investment from Lightspeed Venture Partners....
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Facebook Now More Valuable than YHOO, EBAY
After the reported $500 million investment and $50 billion valuation Facebook is now more valuable than Yahoo and eBay: Facebook’s revenue run-rate is supposedly $2 billion (compare Google’s...
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A Press Release with a Sense of Humor
Groupon put out a press release today confirming its massive, unprecedented funding round (“Like, a billion dollars”). The release contains facts and jokes: Today Groupon announced that it has...
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Should Google Have Gone After LivingSocial Instead?
Yes is the answer. After rumors of big funding last month, the news comes via the NY Times and others that LivingSocial just secured another mega-round of investment — this time $400 million. According...
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‘The Fall of MySpace’ and Other Harvard B. School Case Studies
TechCrunch talks about the pitch and the financials that News Corp is using to try and sell MySpace. Arrington says the site is projected to lose $165 million during its 2011 fiscal year. Unlike the...
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‘Mobile Craiglist’ Zaarly Gets $14M
Several outlets are reporting that (primarily) mobile marketplace Zaarly has received $14 million in new funding and Meg “eBay” Whitman is joining the company’s board. No doubt Whitman will help Zaarly...
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xAd Grabs $9M, Prepares for Lo-Mo Expansion
As I’ve written at Internet2Go, xAd this morning announced a $9 million funding round. We’ve now got a situation where xAd and AT&T are both claiming to be the “largest local-mobile ad network.”...
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Report: LivingSocial ‘Days from Chapter 11′
Earlier today it was reported that LivingSocial secured another $110 million from existing investors. This was presented as a “vote of confidence” that would allow the company to reach profitability in...
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