DST, Silver Lake and Yunfeng Lead $1.6B Tender Offer Aimed at Alibaba Employees at $32B Valuation

Big play in China, as big investors pour a fortune into Alibaba Group shares to give its employees some walking-around money.
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Yahoo-Alibaba-SoftBank Settlement Call: At Least It’s Not 100 Percent of Zero!

As these companies are wont to do in the middle of the night, Yahoo, SoftBank and the Alibaba Group have reached an agreement in their nasty dispute around the Alipay payments unit, and they are ready to talk about it.
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China Solution: Yahoo, SoftBank and Alibaba Reach Agreement

Yahoo, SoftBank and Alibaba have reached an agreement in their contentious dispute around the Alipay payments unit.
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Cash Isn't King–Liquidity Is

EMoney took a side trip this morning from the massive crowds gathering at Moscone in downtown San Francisco for the Game Developers Conference to Japantown, where there was an equally vibrant, albeit slightly smaller, conference called the Future of Money.

Exclusive: Facebook Exploring Permitting a Tender Offer for $1 Billion of Employee Shares at $60 Billion Valuation

Facebook is exploring permitting a tender offer up to $1 billion of its employee shares, after being approached by a number of big institutional investors about investing in the company, according to sources close to the situation. The new approximate valuation? An eye-popping $60 billion, sources said, which is a significant increase to a recent $1.5 billion investment round led by Goldman Sachs that had pegged the social networking behemoth at a $50 billion valuation.

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Groupon Actually Raised $377M in New Funding

When Groupon Inc. announced earlier this month that it raised $950 million in venture capital (the press release’s headline casually touted “like, a billion dollars”), many publications quickly called this funding round a record.

News Byte

This Way to the Egress

After being cooped up for a couple of years by the raging economic storm, a growing number of venture-backed companies found an exit last year. According to industry tracker Dow Jones VentureSource, 514 companies achieved liquidity in 2010, netting $39.3 billion. That’s a 25 percent increase over 2009′s paltry numbers, but still well short of the 613 exits and $69.1 billion netted in 2007.

News Byte

Q&A Service ChaCha Raises $20 Million More

Q&A service ChaCha, which has already raised $52 million in funding, has added another $20 million. This round was led by Rho Ventures and VantagePoint, and sources familiar with the transaction insist that the money is for growth and not liquidity for early investors. ChaCha competes in a field chock-full of rivals, from Yahoo and Answers.com down to new entrants like Quora. The company last raised $7 million in an E round in December 2009; the company claims to reach 15 million unique users between its online and mobile platforms.

Hulu Still Beating the IPO Drum

Newest trial balloon: A $2 billion IPO that raises as much as $300 million, sometime next year. Possible! But also very tricky to pull off.

Ad Sales, Pay Walls, and Absolutely Nothing About iPads at the New York Times Earnings Call

The New York Times said things got better–or, if you like, no worse–during the last quarter of 2009. But investors are disappointed that the publisher isn’t more optimistic about 2010, and they’re pushing shares down this morning. Let’s see if the paper’s executives can turn that around during their earnings call.

Irrational Exuberance?

Analyst: Nortel Bankruptcy Rate May Soar

Damn You, SkyMall!