Kara Swisher in News on May 4, 2011 at 5:27 am PT
CafeMom, a social-networking and community site aimed at mothers, is expanding its offerings to daily deals, as well as announcing an anticipated launch of a site aimed at Hispanic moms.
The deals site has just been launched under the killer URL of Mom.com.
Kara Swisher in News on February 2, 2011 at 10:38 am PT
In yet another sign that the Internet market is getting very interesting to Wall Street, well-known analyst Imran Khan is jumping from his perch as managing director at J.P. Morgan to become a banker at Credit Suisse, sources said.
In this new role, the high-profile Khan–well known for his reports on digital companies–will be running investment banking for Internet markets, including IPOs and M&A.
Kara Swisher in News on January 18, 2011 at 2:50 pm PT
Goldman Sachs seems to have borked the $1.5 billion deal to sell Facebook shares to its rich U.S. clients, because so much information about it leaked everywhere.
That’s right! The loquacious Wall Street bankers are back to take Web 2.0’s social stars public and, of course, are oversharing already.
Kara Swisher in News on December 6, 2010 at 11:24 am PT
According to sources close to the situation, the aggressive Russian investment outfit DST Global is out of the running to fund Twitter.
Instead, the prize is almost certainly going to Kleiner Perkins, the legendary Silicon Valley venture firm of Web 1.0 that has been making a big push of late into the Web 2.0 market.
The valuation for the new round–which sources said is well above $150 million–will be from $3.5 billion to $4 billion. There also might be smaller investors in the new round, which could be completed next week.
Kara Swisher in News on December 1, 2010 at 3:53 am PT
According to sources close to the situation, well-known Silicon Valley power player Peter Currie is joining the board of directors of Twitter.
It’s an interesting choice to bring the well-regarded moneyman to the microblogging start-up, and could indicate an intent to push to an IPO eventually.
With much hot start-up experience, Currie is also suited to helping Twitter sort through its current funding round.
Kara Swisher in News on November 29, 2010 at 12:46 pm PT
Wall Street’s star Internet analyst Mary Meeker considered leaving Morgan Stanley in New York for Silicon Valley’s Kleiner Perkins 11 years ago.
Today, she finally joined the legendary venture firm today as a partner in the digital arena.
It’s a much-needed hire, given Meeker’s deep well of experience and the critical need for the still-lagging-behind-hotter-VCs Kleiner to wade more definitively into more current tech trends that she knows well.
Kara Swisher in News on October 21, 2010 at 6:00 pm PT
A few days ago,
All Things Digital announced CNET senior writer Ina Fried was joining the staff to cover mobile for the site.
Today, we complete a one-two punch with the hiring of Liz Gannes, who will be covering the critical social beat.
She comes to us after an impressive stint as a senior writer from the terrific GigaOm Network.
Kara Swisher in News on September 20, 2010 at 6:19 am PT
It’s been less than a year since the former top editor of the Industry Standard–the once high-flying (and then not so much) magazine of the Web 1.0 era–Jon Weber got back to the Bay Area from his stint away in Montana.
His latest job–editor in chief of the Bay Area News Project, now known as the Bay Citizen, a wealthy-donor-backed, nonprofit endeavor online to focus on local news coverage, even as mainstream media outlets founder.
BoomTown checks in on how it’s all going.
Kara Swisher in News on August 17, 2010 at 10:14 am PT
According to numerous sources, Yahoo is eager to close a deal to acquire CafeMom, a social-networking and community site aimed at mothers, in a move aimed at turbocharging its often-meandering strategy in the important women’s space.
The price being offered, said sources, is hovering at $100 million, about the same amount Yahoo recently forked over for Associated Content.
The deal might not happen, of course, but several sources said the pair have been deep in negotiations in recent weeks.
Kara Swisher in News on May 27, 2010 at 7:30 am PT
Last night, BoomTown headed to San Francisco’s wedding-cake City Hall to attend “The 25 Years of .Com Gala,” which is honoring a quarter-century that I have been jacked into the matrix.
Actually, it’s the 25th anniversary of the .com Internet domain name.
And perhaps the most enjoyable blast from the past was the appearance of jeans-clad former Sun Microsystems CEO Scott McNealy, who ably retains the title of Clown Prince of Silicon Valley.