Profitable: Sugar Inc raises $16M, buys Shopflick and those NBC shares, expands to LA
Sugar Inc, a women-focused media company, is in the middle of a big expansion. It has closed a new, $16 million round from existing investor Sequoia Capital and used some of that money to buy back shares from another investor, NBC Universal. It also used… Continue Reading
Roundup: Yahoo’s bad (but not awful) day, Icahn’s wild weekend, shuffle at the top of Etsy and more
Here’s the latest action:
Yahoo has a bad day, but it could have been much worse — The Internet giant announced its earnings today and fell short of expectations, but only by about a penny-a-share. Net income was down 19 percent from the same quarter last year…. Continue Reading