WhaleShark Spears Another One

Austin-based WhaleShark Media has done it again. The coupon and deal site company announced today that it has raised $150 million to help it “aggressively expand its network of websites. This puts its total venture capital purse at $300 million. Their plan is to “go out and buy more online coupon and deal sites.” This… Continue reading WhaleShark Spears Another One

LinkedIn Gets Demoted

LinkedIn got down-graded by many investors after reporting its first quarterly loss. The stock dropped $7.90 on Thursday 11-3-11 – this pretty much wiped out gains it had made since its IPO.

Bazaarvoice Files for $86 Million IPO

“Austin software developer Bazaarvoice Inc. has filed for an initial public stock offering, which it hopes will raise up to $86.25 million, according to documents filed Friday with the U.S. Securities and Exchange Commission. The company said it will apply to have its stock listed on either the Nasdaq Global Select Market or the New… Continue reading Bazaarvoice Files for $86 Million IPO

Armstrong Foundation Wins with IPO

Austin-based cancer services nonprofit Armstrong Foundation won big this week when Demand Media’s stock went public on Wednesday. The foundation made $3.1 million on the deal according to a recent Austin-American Statesman article: Demand Media IPO delivers windfall to the Lance Armstrong Foundation