42 posts and columns on Ted Leonsis
Groupon Has More “Speed … Care … Focus” Under Lefkofsky, Ted Leonsis Says
The CEO search never left the building.Groupon Names Eric Lefkofsky Permanent CEO; Q2 Revenue Beats Street
A big day for the original daily-deals company.Is Groupon Goods a Daily-Deal Savior or a Low-Margin Distraction?
Analysts will be looking for this answer and more when the CEO-less deals company reports second-quarter earnings later.News Byte
With $40 Million Investment in Bigcommerce, Steve Case’s Revolution Growth Makes Biggest Bet to Date
Revolution Growth, the investment firm from former top AOL execs Steve Case and Ted Leonsis, has closed its biggest investment to date. The fund is betting big on Bigcommerce, an e-commerce software company that helps small businesses set up their own online retail presence, in a $40 million Series C round. Bigcommerce has now raised $75 million. This is just the latest big bet on e-commerce upstarts by Revolution Growth, which recently announced a $20 million-plus investment in Optoro and a similar-sized investment in kids’ clothing maker Lolly Wolly Doodle.News Byte
Ted Leonsis’s Revolution Growth Leads $20 Million-Plus Investment in Inventory-Management Firm Optoro
Optoro, a Maryland-based startup that helps brick-and-mortar retailers sell their unsold or returned goods on third-party e-commerce marketplaces, has raised a $20-million-plus investment led by Revolution Growth, the investment firm started by former AOL execs Ted Leonsis and Steve Case. The company would not disclose the exact amount of the funding, but a Form D filing indicates that it totaled $23.5 million. About $3 million of the new investment went to current shareholders, according to the filing, and Leonsis is joining the company’s board. Grotech Ventures also invested in the round.News Byte