Well, it’s about time! New York start-up Tumblr has long resisted the advertising model, and CEO David Karp has finally realized that that insanity has to stop. So far, the company has only allowed a lightweight form of promotion, in …
Tag Archives: New York
The top 10 places in the world for start-ups
Do you want to start a cool new company and hit it big? As with everything else, the three most important factors appear to be location, location and location. According to a report by TechCrunch, the top 10 are: 1. …
Stemline Therapeutics files for NASDAQ IPO
Stemline Therapeutics is planning to raise $50 mn in an IPO. The biotech company is planning to list on NASDAQ and trade under the symbol STML. The lead underwriters are Oppenheimer & Co and JMP Securities. Click here for FREE …
Tumblr explodes
There’s definitely something to celebrate in the New York start-up scene. Tumblr, which raised $85 mn in a venture capital round last year, has put up impressive numbers. In only six months, according to Business Insider, the number of posts …
Buddy Media makes advertising acquisition
If you haven’t heard of Buddy Media yet, you’ve been living under a rock. The social media marketing platform has been adopted by a wide range of companies to provide rich end-user experiences on platforms such as Facebook. It’s also …
Money grab: the top 5 venture capital recipients in New York
Okay, we all know that Silicon Valley is the place to go for venture capital money, soundly beating the #2 and #3 cities in the US market, Boston and New York. Well, that doesn’t mean the New York scene isn’t …
Empire State Realty Trust looks for $1 bn NYSE IPO
The Empire State Building is going public! You can own a piece of this iconic structure in the upcoming Empire State Realty Trust IPO. The company that owns the most recognized figure in the New York City skyline has filed …
NYSE and NASDAQ working hard to win Facebook listing
An epic battle is in the works. Much as investment bankers are vying for the hottest IPO of the year, New York’s two major stock exchanges are aiming to win the most coveted listing in the pre-IPO market: Facebook. According …
Where did the venture capital money go last year?
Even though the IPO market was tough, the future looked bright last year. The venture capital community amped up the amount of capital it put to work in 2011, a clear sign of things to come. Let’s take a look …
Rovio not serious about 2012 IPO, maybe next year
The social gaming company behind ‘Angry Birds’ is going to stay private for another year. According to Reuters, CMO Peter Vesterbacka says, ‘We are not in a rush. This year is way too early for an IPO, there are too …