Browsing All Posts filed under »Tech Munch«

Where Did Groupon’s $946 Million Funding Go?

June 3, 2011

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Groupon raised close to $1 billion in January this year, well $946 million to be exact. By March, it had $209 million in cash. So where did the money go? The company kept $136 million to keep the company running while the remaining $810 million was paid out, via stock purchases, to employees and early […]

Andrew Mason’s Letter to Potential Stockholders

June 3, 2011

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Dear Potential Stockholders, On the day of this writing, Groupon’s over 7,000 employees offered more than 1,000 daily deals to 83 million subscribers across 43 countries and have sold to date over 70 million Groupons. Reaching this scale in about 30 months required a great deal of operating flexibility, dating back to Groupon’s founding. Before […]

Groupon’s IPO

June 3, 2011

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Haven’t you heard? Groupon just filed an S-1 with the SEC to raise $750 million in an IPO. Here are some of the important information: 1. Groupon lost $413 million in 2010. 2. Revenues in 2010 were recorded at $713 million. 3. Q1 2011 revenues were $645 million (90% of total revenue in 2010!). 4. […]

What Your Email Address Says About You

June 2, 2011

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Taken from The Oatmeal.

From Derek Handley

May 24, 2011

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Derek Handley sold his mobile marketing company, The Hyperfactory, to Meredith Corporation last year. Price? Undisclosed. Here is how Handley spent his money and his explanation for the unusual purchases:  A trip to Africa A ticket to space  A letter Napoleon wrote to his generals  “19,392 is apparently the number of days that I have […]

Printers From Hell

May 24, 2011

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This is a re-post from theoatmeal.com, only like the coolest site ever. Anyway, the dude from The Oatmeal has captured accurate facts about ALL printers. You would agree with both your hands, and legs.

Indeed

May 20, 2011

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Indeed.com might just be one of the most successful companies that no one talks about. Many have heard of it and used it; it is the biggest search engine for jobs and is currently available in 53 countries. The site aggregates job listings from sources such as websites, job boards, newspapers, associations and company career […]