Buddy Media bought by Salesforce for $745M
Washington P
Amid the hoopla surrounding Salesforce.com's $698 million acquisition of Buddy Media, few have noticed what it reveals about the state of Buddy Media's finances, specifically this section of the deal announcement: Buddy Media is not a brand most consumers would recognize, but in the halls of social media and marketing, it's a king. It connects [...]
Read MoreBuddy Media bought by Salesforce for $745M
Washington P
I know the thrill of angel investing and being an entrepreneur. I know the thrill of having your company purchased. I have a hard time visualizing businesses (like Buddy Media) getting this big so fast, the outsized valuations of Salesforce.com's acquisition of social marketing firm Buddy Media, announced Monday (more news below), should be a [...]
Read MoreBuddy Media bought by Salesforce for $745M
Washington P
Mary Dedinsky, my newswriting professor at Northwestern's Medill School of Journalism, taught me early on to not bury the lead. So here I go: Kass and I have agreed to sell Buddy Media to salesforce.com. Now that that's SAN FRANCISCO, USA: Cloud major Salesforce.com announced that it would acquire Buddy Media, a social media marketing [...]
Read MoreExcitement Heats for Facebook IPO Even as LinkedIn and Groupon Cool
Barron's
This week we learned about Spotify's new offerings, saw two iPhones mysteriously combust, and heard that Facebook's IPO date may be closer than we think. Didn't have time to keep up with every ripple in the technology pond this week? Out of the gate, it's been an utter disaster with Groupon weighing it down but [...]
Read MoreFacebook to Open New York Engineering Office as Web Site Prepares for IPO
Bloomberg
But it's a reality for Mark Zuckerberg, who could gain $24 billion when Facebook reportedly plans to go public at a valuation of $100 billion in the spring of 2012. The 27 year-old's net worth after the IPO, according to The Wall Facebook doesn't want to participate in speculation about an IPO, and honestly neither [...]
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