Jason Del Rey

Recent Posts by Jason Del Rey

Zulily Raises IPO Price Range to $18-$20 a Share

Discount women’s and children’s clothing site Zulily said in an SEC filling on Wednesday morning that it has increased the expected per-share price range for its IPO from $16-$18 to $18-$20. At $19 a share, the company would net about $110 million from the offering when shares start trading on the Nasdaq exchange this Friday.

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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald