RSS
Kozmo Delays IPO
from the oh-really? dept
Like this one is a big surprise. Kozmo has announced they're putting off their IPO until at least early next year. It's funny how the announcement sounds like this is a casual decision. This from a company that laid off 275 employees last week, and will be laying off another 30 to 40 along with the postponement announcement. They're also still apparently working on a merger agreement with Urbanfetch.
If you liked this post, you may also be interested in...
- SEC Told Pandora To Be More Explicit In Its IPO That Its Business Is Likely Unsustainable Due To Crazy Licensing Rates
- The Fine Line Between Crowdfunding & An Illegal Securities Offering Part II: SEC Fines Ad Execs Over Pabst Stunt
- As Pandora Goes Public, How Come No One Is Pointing Out That It Misled The Press About Being Profitable?
- Don't Try To Make Sense Of LinkedIn Share Price
- DailyDirt: Start-up Pitches And Strikeouts...
Add Your Comment