Cash-rich companies opt to buy instead of build, to the benefit of NY’s entrepreneurs facing a still-thin IPO market. By Judith Messina on CrainsNewYork.com July 20, 2011 Silicon Alley watchers were wowed with Google’s announcement last month that it had agreed … Continued
By SPENCER E. ANTE Spurred by their appetite for technology companies and seeking higher returns, a growing number of hedge-fund managers have started to invest more in private Internet companies. When daily-coupon website LivingSocial Inc. said it raised $400 million … Continued