horses
333 Views

peHUB Second Opinion

In Second Opinion, Apple is holding an iPhone event on Sept. 9, Groupon’s Q2 results disappoint, Dollar General is considering making a rival bid for Family Dollar and a study finds that horses talk with their ears.

125 Views

Foundation Capital names two EIRs

Foundation Capital, a venture firm based in Menlo Park, Calif., has hired Srinivas Mantripragada and Geoffrey Wong as entrepreneurs-in-residence. Previously, Mantripragada worked at Infoblox where he recently served as a vice president of technology while Wong is a former product manager for Groupon‘s MerchantOS group.

frozen
338 Views

peHUB Second Opinion

In Second Opinion, Alibaba finally files for an IPO, Target’s interim CEO doesn’t want the job permanently and the success of “Frozen” helps Disney fly past quarterly earnings expectations.

ticking time bomb
2 Comments

Why Groupon Has Six Months or Less to Find a Permanent CEO Replacement

In late 2011, Groupon, the daily deals company, went public in a glittering debut. But it quickly began to lose luster, and after abruptly ousting its founding CEO, Andrew Mason, last week, the VCs who invested in the company probably wondered whether they would have to write down their carrying value for the company yet again. According to experts, they should be more worried whether Groupon will be worth anything at all.

NEA To Open Chicago Office

New Enterprise Associates, Inc. said it will open a Chicago office to serve portfolio companies in the region. The firm has invested more than $300 million in 20 Chicago-based companies over the years including Groupon, ArcSight, Cleversafe, Echo Global Logistics, InnerWorkings, Neutral Tandem, and Sprout Social. NEA presently has offices in the Washington, D.C. region, Menlo Park, and New York City, as well as affiliate operations in Shanghai, Beijing, Bangalore and Mumbai.

Reuters – Groupon’s China Unit to Merge with Tencent

Groupon‘s Gaopeng China joint venture with Tencent Holdings will merge with another Chinese daily-deal website to form a new company, writes Reuters. The company said in a statement it will merge with lifestyle daily-deals website, FTuan, which is also backed by Tencent. Groupon will be a minority shareholder in the new company, as it is […]

Attack of the 50 Foot Amazon… Austerity?

Amazon has spent 24 months crushing brick-and-mortar competitors and driving the company’s share price through the roof. And they’ve gone and done it in a way that bankers hate to see–without much M&A.

Groupon Acquires Ditto.me

Groupon has acquired social recommendation app Ditto.me. Financial details of the transaction were undisclosed. Ditto was founded by Jyri Engestrom, a Finnish tech entrepreneur and co-founder of Jaiku, a microblogging site that was acquired by Google in 2007. ANNOUNCEMENT We’re happy to announce that Groupon has acquired Ditto.me! We started Ditto a year ago to […]

peHUB First Read

This morning’s peHUB First Read comes with an obvious book deal, another obvious reason to like NYC, and the awesome return of Sim City!

EMC Gets Pivotal Labs

Information technology provider EMC Corporation has acquired San Francisco-based Pivotal Labs, a provider of agile software development services and tools. Pivotal’s customers include Twitter, Best Buy, Groupon, Salesforce.com, EMI, Urban Dictionary, Linden Lab, Task Rabbit, The Annie E. Casey Foundation and others. EMC will invest in and organize Pivotal Labs so it can scale its […]

PEHUB Community

Join the 12505 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget