Contrary to popular opinion, the IPO was good for the company and investors.
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Feed SubscriptionHow Wall Street Bankers Use Seamless To Feast On Free Lobster, Steak, And Beer
The online service has simplified ordering out for all kinds of people, but corporate giants like Morgan Stanley make up a significant portion of Seamless's customer base. For some bankers who've learned how to game the web system, everything on the menu--and off--is gratis.
Read More »Facebook IPO: 6 Smart Takeaways
Few IPOs will be of the size of Facebook's. But the company's path to going public can teach any entrepreneur how to better navigate her own road to getting funding.
Read More »How Math Whizzes Helped Sink the Economy [Book Excerpt]
[ Editor's note: This excerpt from The Quants, by Scott Patterson (Crown Business, 2010), describes the 2006 Wall Street Poker Night Tournament, which featured professional poker players T. J. Cloutier and Clonie Gowen.
Read More »Beyond Walmart: How The California FreshWorks Fund Aims To Feed The Food Deserts Of California
The new fund is helping supermarkets open in poor neighborhoods, funding farmer's markets in others, and even offering money for innovative food solutions that no one has thought of yet. Walmart recently announced a plan to bring hundreds of stores to fresh-food-starved "food deserts" across the U.S., but the just-announced California FreshWorks Fund has a more localized--though still ambitious--goal: to bring healthy food to underserved communities and to galvanize local economies in the process. We had the chance to talk to NCB Capital Impact, the national community development financial institution that's administering the fund, about who gets the cash and why
Read More »The Online Business Incubator
Wicked Start, an online incubator for early-stage start-ups, provides practical, no cost or low cost resources. A self-described "corporate refugee turned entrepreneur," Bryan Janeczko worked at Morgan Stanley before founding his own venture, an online prepared food vendor called NuKitchen.
Read More »GSV Boosts Facebook To $70B, HBO Go Hits 3M, iPhone 5 Due In Three Months With "Lite" Partner
The Fast Company reader's essential rundown of people and companies making moves in your space.
Read More »Groupon Files for IPO
The discount-of-the-day site filed its papers today to become a publicly traded company. It's official.
Read More »Apple Rumor Roundup: New MobileMe, More and Better Location Apps, Smart TV
The Apple rumor mill grinds ever on, and has turned up new hints about the future of MobileMe , location apps, and that Apple TV story (again).
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