Legg Mason

Exclusive: Ning Is Being Shopped Around at $150M Price Tag

Kara Swisher in Social on August 2, 2011 at 11:08 am PT

Ning — the high-profile social networking platform co-founded by Silicon Valley investor and icon Marc Andreessen — is for sale, said sources.

Open House? Google Has Also Been Eying Trulia in Real Estate Search Play.

Kara Swisher in News on December 18, 2009 at 4:51 pm PT

According to sources close to the situation, along with its pending bid for Yelp, Google has been in on-again, off-again acquisition talks with Trulia, the real estate search engine. It is unclear what price Google would pay, but sources estimate that Trulia’s valuation ranges between $150 million and $200 million, although there could be a big premium on that. Rumors about Google’s interest in the real estate search market–and specifically in Trulia–have been rebounding around Silicon Valley for the last year as the search giant focuses on the local arena.

Ning Raises $15 Million More at a–Yes, Really–$750 Million Valuation

Kara Swisher in News on July 21, 2009 at 4:45 pm PT

In a quiet fund-raising effort, Ning has raised $15 million more, a round that is valuing the social networking start-up at an eye-popping $750 million. The money for this fifth Series E round comes from Silicon Valley’s Lightspeed Venture Partners. The Palo Alto, Calif.-based Ning, founded by well-known entrepreneur and Ning Chairman Marc Andreessen and CEO Gina Bianchini, confirmed the funding when contacted by BoomTown. It was not actively searching for funding.

Amazon: Legg Mason Sharply Reduces Stake

Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily in News on February 18, 2009 at 12:07 pm PT

Slowly but surely, Legg Mason has been easing out of its once gigantic stake in Amazon.com, formerly a favorite stock of Legg Mason portfolio manager Bill Miller. In a filing with the SEC yesterday, Legg disclosed that it now holds 9,592,126 Amazon shares, down from 24,280,422 shares in its previous filing in October.

BoomTown Decodes Carl Icahn's Letter to Yahoo!

Kara Swisher in News on May 15, 2008 at 2:01 pm PT

BoomTown’s most favorite part of the Yahoo takeover circus? The dueling letters, of course! How the lovely practice of missives has fallen out of favor, as soulless emails have grown in use. Well, not in the land of hostile takeovers! So here’s our decoding of billionaire investor Carl Icahn’s thankfully brief letter to Yahoo’s Chairman Roy Bostock, informing Yahoo that he begins bombing in five minutes.