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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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