I have not been posting as many articles on Gonzo Times lately. I will be continuing this for some time to come. I will still be writing articles, just not as many as I once did. It’s not lack of material, because I have not even scratched the surface of what I want to post here. I will be getting to all that in time.
I will be concentrating my efforts on projects outside of Gonzo Times. I will most likely still post here in the future to keep you updated as I finish certain projects.
I can rant on until I am blue in the face here on a little website in the corner of the Internet or I can find more productive ways to get my message out there. I have decided to go with the latter.
Words will only do so much. They often fall on deaf ears. The back and forth rhetoric of the anarchists takes up a great deal of time and energy. I hope to focus less on the division of anarchisms and more on reaching a wider audience with the truth.
We have seen many wonderful contributions from other authors on the site over the last year and it is my hope that Gonzo Times will continue to grow and become more and more defined by the contributors here. If you are reading this and feel you have something to offer Gonzo Times feel free to drop me a line on the contact page. We are always open to other contributors.
Groupon woos stock buyers as questions remain
Chicago Sun-Times October 25, 2011 Groupon started its pitch to potential investors Monday with skeptics seeking details on how the Chicago-based daily deals site will turn a profit, fight off a plethora of rivals and pump up its declining revenue growth rate. this web site groupon chicago
The company?s latest financial update on Friday showed conflicting data: a better cash-flow position ($243.9 million in cash on hand at the end of the third quarter, up $20 million from the previous quarter) but higher debts owed to merchant partners ($466 million in the third quarter, a 19 percent jump from the prior quarter).
Groupon continued to gain subscribers, attracting 27 million more in the third quarter, but subscribers aren?t spending as much. Revenue per subscriber dropped to $3.33 in the new report from $5.14 in the year-ago period. go to website groupon chicago
Groupon aims to raise $480 million to $600 million in its first public share offering on Nov. 4 ? an anticipated dialing-down from its original plans to raise up to $750 million. The offering could value the company at up to $11.5 billion, a significant decrease from earlier projections of as high as $30 billion.
Yet the valuation could end up higher than the reported $6 billion offer from Google that Groupon rejected late last year.
Groupon will offer only 5 percent of its shares to the public for $16 to $18 a share, the company said.
Only three of 1,213 IPOs in the United States have raised more than $100 million by offering 5.4 percent or less of their shares to the public, according to Dealogic, an investment banking analysis firm.
Also on Monday, Groupon filed two lawsuits in Cook County Court against three former employees who Groupon alleges left the company for rival daily deal websites Google Offers or Memphis Smart Deals, and brought trade secrets with them.
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