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|Tuesday, November 22, 2011|
A broader market downturn has hit tech stocks this week, but newly public startups like Groupon were hit especially hard. Some economists say this could indicate renewed dot-com bubble concerns.
Groupon shares plunged 10% on Monday and were down another 12% midday Tuesday to trade at $20.61. That's mere pennies above the $20 price of Groupon's initial public offering earlier this month.
This year has been chock-full of Internet IPOs, and their typically large early gains have led to concerns about overvaluation.
Shares of business networking site LinkedIn were trading 7% lower for much of the session on Monday, the first day that some company insiders were allowed to dump the stock.
That phenomenon isn't exclusive to LinkedIn. It's typical for IPOs to include 180-day "lockup" agreements that prevent certain early investors from unloading their stakes.
Groupon's own lockup period ends May 2. Internet radio company Pandora's ends on December 12, and real estate Zillow's expires January 16.
Read The Latest from CNN Money.
Friday, April 24, 2015
BY CHRIS HIGGINS
As digital security breaches skyrocket, a cybersleuth everyman takes center stage.
Thursday, March 26, 2015
Janet LaBar, Executive director, Greater Portland Inc.
Thursday, April 02, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
Are mornings the most productive part of the day? We ask five successful executives how they get off to a good start.
Thursday, May 21, 2015
BY JASON NORRIS | GUEST BLOGGER
Uncertainty is a part of doing business, whether in through the lens of investment opportunities and risks or the business of running an enterprise.
Thursday, April 23, 2015
BY LINDA BAKER
On April 1 I attended a forum at the University of Portland on the sharing economy. The event featured panelists from Lyft and Airbnb, as well as Portland Mayor Charlie Hales. Asked about the impact of tech-driven sharing economy services. Hales said the new business models are reshaping the landscape. “But,” he added, “I don’t pretend to understand how a lot of this [technology] works.”
Monday, April 27, 2015
BY JACOB PALMER
As a general rule, the more people with autism can be provided with visual cues, the better they will be able to understand and manage their environment. It’s a lesson Tom Keating learned well. The 61-year-old Eugene grant writer spent 31 years taking care of his autistic brother James, and in the late 1980s developed a spreadsheet that created a series of nonsense characters that grew or shrank depending on how much money James had in his account.
Monday, April 13, 2015
BY GRANT KIRBY | OP-ED CONTRIBUTOR
The mega-shift from technology-driven to data-driven organizations raises questions about Oregon’s workforce preparedness.
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New conference aims to solve challenges, quell fears amid regulatory changes.
Tourism marketing supports entrepreneurship by attracting visitors to all corners of the state.
Beaverton firm's business intelligence platform rivals that of industry heavyweights.
The Oregon Entrepreneurs Network (OEN) will be presenting its third annual Entrepreneurial Summit on Friday, June 5 at Castaway in Portland, Oregon.
On June 13th Mayor Charlie Hales will attend nonprofit organization Dream Change’s inaugural Love Summit and will introduce one of its keynote speakers, Dan Wieden of Wieden+Kennedy advertising agency.
34 spots for food, 17 places to sip, and 7 sites to choose a brew beckon visitors.