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.

Add Your Comment

Have a Techdirt Account? Sign in now. Want one? Register here
Name
Email	Get Techdirt’s Daily Email
URL
Subject
Comment	this is for spambots, do not use this
Options	Plain Text HTML Save me a cookie

Plain Text: A CRLF will be replaced by break tag, all other allowable HTML is intact
HTML: No formatting of any kind is done without explicitly being written in
Allowed HTML Tags: <a> <blockquote> <hr> <tt>

<< Too Many Tech Magazines | Dot Com Backlash Hits the Burbs >>

Search Techdirt

And now, a word from our Sponsors..

15% off discount for Techdirt Readers

Subscribe to Techdirt's Daily Email Newsletter