Voices

Adjusted for Reality, Neither Rackspace Nor Equinix Shine

We learned during the dot-com boom, and the subsequent bust, that it takes real money to build the Internet, meaning that the growth of online advertising, e-commerce, social networking, and all the rest doesn’t offer a magic formula for profit.

Exclusive: Groupon’s Mason Tells Troops in Feisty Internal Memo: “It Looks Good.”

Facing a barrage of negative press about its upcoming IPO, Groupon CEO and co-founder Andrew Mason took up a pen to counter critics of the social buying service in a pugnacious email to employees.
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New Groupon Filing: ACSOI Dumped, Revenue and Subs Up, Losses Remain

As expected, Groupon gave up its controversial accounting metric in a new IPO filing, which also showed strong revenue and subscriber growth.
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Exclusive: Groupon Will Dump Controversial ACSOI Accounting in Amended IPO Filing

The social buying phenom is planning to bid goodbye — and good riddance — to its lightning rod of an accounting metric.
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Not So Much on Groupon IPO Delay, But SEC Scrutiny Still a Drag

The Groupon public offering is still on schedule, despite a CNBC report saying it is delayed, but it is also not without its bumps.
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Liveblogging Demand Media's (and Richard Rosenblatt's) First Earnings Call: The Avocado Difference!

BoomTown always enjoys the maiden voyage of a newly public company, so liveblogging Demand Media’s first quarterly earnings seems like a must-do. It’s also the first public outing for CEO Richard Rosenblatt, who has sold off his previous entrepreneurial efforts. His first point: Where else can you find out how to ripen an avocado?

Pandora's Music Fees Are Huge! And Not That Bad.

The Internet radio service is handing over half of every dollar it brings into the music industry. But things could be a lot worse. And the royalty system that taxes Pandora also allows it to thrive.

TripIt Travel Planner Bought by Concur for $82 Million-Plus

Expense reporting company Concur today announced it would buy travel planning start-up TripIt in a deal worth as much as $120 million, including $82 million in cash, stock and restricted stock units up front.

Demand Media Clears SEC and Prices IPO

Demand Media is set to go public, according to an amended filing with the Securities and Exchange Commission, with shares priced from $14 to $16 each. The online publisher could sell up to 8.625 million shares and, if it prices at the top of the range, it could be worth about $1.3 billion and raise $138 million.

Condé’s Cuts Come to Vogue

Layoffs, Palm Pre Coming to Verizon