173 posts and columns on Web 2.0
Wanted: Groupon COO. Must Like Cat-Wrangling, Lack of Spotlight and International Travel (Post-Samwer)Of all the many job openings in tech, perhaps the most interesting to watch will be who Groupon selects as its next COO, after the recent announcement that it was parting ways with President and COO Rob Solomon. Requirements for running the Chicago-based social buying site: epic cat-wrangling of thousands of employees in far-flung locations; deep marketing and advertising prowess; high-level technology, product, mobile and e-commerce chops; and international experience. Also, please stand in the shadows.
Steve Case and Ted Leonsis are bringing their old AOL band back together once again, this time by raising a $400 million growth equity fund. The pair, the legendary top execs who rocketed AOL to the top of the Internet business in the 1990s, are now making the rounds in New York and elsewhere to pitch their new investment vehicle, sources said.
Exclusive: Facebook Exploring Permitting a Tender Offer for $1 Billion of Employee Shares at $60 Billion ValuationFacebook 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.
Here is a must-see video by Facebook COO Sheryl Sandberg from a recent TED talk about the challenges faced by women in the workplace. Don’t miss it.