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DRIVIN, Car Data Startup That Aligns Vehicle Inventory With Dealer Demand, Acquired For $43 Million
Wednesday, April 19, 2017 - 12:53pm | 398Read More...Groupon Inc (NASDAQ: GRPN) co-founders Brad Keywell and Eric Lefkofsky are lightening their diverse load. The duo comprise part of the founding team of CarCo Technologies Inc, also known as DRIVIN, which on Wednesday announced it was being acquired by KAR Auction Services Inc (NYSE: KAR) for $43...
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Meet Uptake Technologies, The New Startup Run By Groupon's Founders
Wednesday, February 1, 2017 - 12:26pm | 494Read More...Groupon Inc (NASDAQ: GRPN) co-founders Brad Keywell and Eric Lefkofsky have a new business venture that's already valued at $2 billion. The company, Uptake Technologies Inc., recently received $40 million as part of a Series C financing round that was led by Revolution Growth, an investment...
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Resurgent Detroit: 5 Reasons To Invest In The Motor City
Monday, October 12, 2015 - 2:12pm | 797Read More...Benzinga will be moving its headquarters to the heart of Detroit in just a few short weeks, so this will be the last of our monthly series highlighting establishments and exciting things going on in our new home. To read another cool piece in the series about Detroit being green, click here....
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Groupon Acquires Boomerang To Enhance Freebie Offers
Tuesday, December 10, 2013 - 3:37pm | 494Read More...Groupon (NASDAQ: GRPN), the world's most popular daily deals site, has acquired Boomerang. Designed for users who want to send free or paid gifts, Boomerang (located at rang.com) launched last year with a $1 million investment from Lightbank. Lightbank is the investment vehicle from Groupon...
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SLIDESHOW: 13 Major Tech Founders and Innovators That Are 'Smitten With The Mitten'
Monday, June 24, 2013 - 4:30pm | 126Read More...Technology companies are often synonymous with Silicon Valley or other tech hubs, but many of the founders of the major publicly traded tech companies come from a place that hasn't exactly been known for innovation in the last 30 years: Detroit. Encompassing the entire Metro Detroit area as...
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Lightbank Unveils New Initiative Lightbank Start
Thursday, July 26, 2012 - 10:22am | 382Read More...Lightbank, the technology investment vehicle from Groupon (NASDAQ: GRPN) co-founders Brad Keywell and Eric Lefkofsky, has introduced a new initiative called Lightbank Start. Designed to help young entrepreneurs build a tech business with the help and support of Keywell and Lefkofsky, Lightbank...
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Groupon: One Day Later
Monday, November 7, 2011 - 12:32pm | 467Read More...It's been one trading day since Groupon (NASDAQ: GRPN) went public, raising $700 million in the offering. This morning, Benchmark put out a research report on the Chicago-based merchandising company, with an Outperform rating and a $32 price target. This begs the question. How can The Benchmark...
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From Daily Deals Startup to Daily Deals Giant with an IPO, Groupon Makes Us All Very Proud Today
Friday, November 4, 2011 - 11:01am | 625Read More...An unofficial “take that!” to all of Groupon's critics. It's no secret that Groupon (NASDAQ: GRPN) and Benzinga are closely connected. Early this spring, Lightbank – the technology investment vehicle from Groupon co-founders Brad Keywell and Eric Lefkofsky – invested $1.5 million in our company....
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25-Year-Old Goes from Corporate Day Job to Startup Success
Wednesday, August 10, 2011 - 3:47pm | 330Read More...One of those dream-come-true stories. Business Insider has published an interesting profile on Brittany Laughlin, the 25-year-old founder of Gtrot, a fresh startup that allows its users to share their travel plans, connect with friends and collect advice while scoring deals from sites like Groupon...
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oBaz Scores Lightbank Funding, Promotes New Way to Haggle
Tuesday, August 9, 2011 - 10:25am | 413Read More...This might be the epitome of “strength in numbers.” oBaz, a new site whose name is short for “online bazaar,” is attempting to give wannabe-hagglers the opportunity to crowdsource their way to a better deal, TechCrunch reports. “oBaz uses group buying power to negotiate discounts for products and...
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Groupon IPO Follows a Year of Success, Big Deals and Buyout Offers
Thursday, June 2, 2011 - 5:59pm | 573Read More...We knew it was coming. Groupon's prospective IPO has been the talk of the town ever since Google (NASDAQ: GOOG) attempted to acquire the daily deal organization last fall. The reports were all but daily, with every rumor indicating that Groupon would be sold to the search engine giant. Groupon...
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Why Groupon Didn't Screw Up in Resisting Buyout Offers
Thursday, June 2, 2011 - 3:41pm | 272Read More...It's not often that you can turn down $6 billion dollars and still come out ahead, but that's exactly what it looks like Groupon just did. In the world's worst-kept secret, the Chicago-based Groupon filed paperwork Thursday to raise up to $750 million in an IPO. The filing does not specify how...
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RingCentral is Restored, But We're Left Wondering: Can we Really Depend on Voice over IP?
Thursday, May 26, 2011 - 4:22pm | 316Read More...Earlier today, RingCentral (a virtual phone service with plans for small businesses) went down, creating huge problems for businesses that rely on the company's services. Benzinga is one such company. We use RingCentral as our main office line. After restoring the service, the company agreed to...
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Groupon Founders Invest $1.5 Million in Benzinga
Thursday, May 26, 2011 - 11:12am | 351Read More...Benzinga is proud to announce that Lightbank, the technology investment vehicle from Groupon co-founders Brad Keywell and Eric Lefkofsky, has invested $1.5 million in our company. This marks the first time that Benzinga has received outside funds and is among the largest investments made by Keywell...
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What Do Ashton Kutcher and Lightbank Have in Common?
Wednesday, May 18, 2011 - 5:50pm | 247Read More...Ashton Kutcher is a film and TV star that will replace Charlie Sheen on Two and a Half Men. Lightbank is an investment vehicle from Groupon co-founder Brad Keywell. At first glance, they do not seem to have anything in common. But let's take a closer look… As it turns out, both Kutcher and...
