Coupons.com Buys U.K. Couponstar After Big Fund-Raising Round

Following two back-to-back rounds worth $230 million, Coupons.com says it has acquired the remaining 50 percent stake in Couponstar, a European digital coupons company. Terms of the deal were not disclosed. Coupons.com, which is working to make traditional paper coupons digital, raised $30 million last week from Greylock Partners, which valued the company at $1 billion. In June, it received a $200 million cash injection.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work