Another billion-dollar tech startup smacked by reality – MarketWatch

December 14, 2015 by Zennie Abraham

Another billion-dollar tech startup smacked by reality
MarketWatch
Gilt Groupe, once among the hottest of New York startups with a $1.1 billion paper valuation, is in talks to sell itself to The Hudson’s Bay Co. HBC, -3.85% for about one quarter of that pie-in-the-sky valuation, the Wall Street Journal reported Monday …
Flash sales startup Gilt Groupe might sell itself for a fraction of its old …Businessinsider India

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Zennie Abraham

Zennie Abraham | Zennie Abraham or “Zennie62” is the founder of Zennie62Media which consists of zennie62blog.com and a multimedia blog news aggregator and video network, and 78-blog network, with social media and content development services and consulting. Zennie is a pioneer video blogger, YouTube Partner, social media practitioner, game developer, and pundit. Note: news aggregator content does not reflect the personal views of Mr. Abraham.

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