Establishing a startup’s business infrastructure early provides a number of critical benefits, including smoother financings and effective employee management. Sections of this paper discuss each of the above benefits and provide suggestions for management teams that will facilitate establishment of an appropriate infrastructure. Read more at GigaOM Pro »
Groupon might be suffering some financial turmoil, but Lightbank — the investment group formed by two of its backers — has decided to make UK accountancy cloud startup FreeAgent the target for its first foreign deal. Read more »
Groupon was forced to restate earnings results for its first quarter as a public company after discovering “material weakness” in its accounting controls, it said late Friday, forcing us to wonder if they used a Groupon for accounting services. Read more »
Some critics argue that Groupon’s fast-growing business is a financial house of cards and that the company has no viable way of generating profits. Will CEO Andrew Mason be able to prove the doubters wrong, or will Groupon become the new millennium’s version of Pets.com? Read more »
