Ups and Downs: VC-Backed Internet Exits


November 16, 2012

 Up: Four months after its IPO, Kayak the travel website operator has been acquired by Priceline in a deal. It is good news for at least some of its VCs as they are able to sell their shares that could not sold during the IPO. (Image source.

Down: One of the largest VC-backed IPOs of the year was Groupon but its performance since IPO has been dismaying. This week its shares were down 90% since IPO, according to a number of sources.

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