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Archive for the ‘Economy’ Category

Article from AboveTheCrowd. This morning, Intuit announcedits agreement to acquire one of Benchmark’s portfolio companies, Demandforce, for $424mm. As with Instagram, Benchmark Capital is the largest institutional investor in Demandforce. Unlike Instagram, which is a consumer application and is extremely well known, Demandforce focuses on local professional businesses and has chosen to keep an intentionally [...]

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Article from SFGate. Facebook investors Accel Partners and Goldman Sachs plan to sell as much as $1.8 billion in shares of the top social network, becoming two of the biggest sellers in the planned initial public offering. Goldman Sachs is selling 13.2 million shares, worth as much as $461.6 million at the high end of [...]

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Article from SFGate. Two weeks ago, solar power plant company BrightSource Energy abruptly canceled plans for an initial public stock offering, convinced that investors currently have little appetite for new solar shares. Now SolarCity Corp. will test that theory. SolarCity on Monday reported plans for its own IPO. The San Mateo company, best known for [...]

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Article from SFGate. BranchOut wants to beat LinkedIn at its own game: helping people use their social network to find a job. Today, the company got a lot more backing to help it out. It announced a $25 million Series C round from Mayfield and other investors, bringing its total funding to $49 million in [...]

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Article from Yobucko. www.yobucko.com   Yo! How’s it going?  We hope 2012 is going well for you.  We just wanted to send you a quick reminder that taxes are due next Tuesday, April 17th.  If you haven’t finished them yet, don’t worry.  But you may want to do your taxes online and e-file so you [...]

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