Ariba: JMP Sees Trouble in Services Business; Cuts Estimates

Ariba, which helps businesses manage spending via its software solutions, got a cautionary note today. The service business may not fare as well as analysts were assuming, given that product upgrades and extensions are met with more caution in the current economy. Also, Ariba has 170,00 square feet of office space it needs to sublet, with a shrinking pool of potential tenants–which could end up costing the company $150 million over the next five years.

DonorsChoose.org Looking at $11 Million Investment–Finally, a Start-Up BoomTown Can Love

I will admit it–most funding announcements for tech start-ups bore the living daylights out of me. Writing about however many millions of dollars go to however many frivolous widget companies is about as interesting as watching Robert Scoble’s blog video lectures. (Sorry, Bob!) So it is nice to see a good (and good-for-you) charity site [...]