PrivCoTeam

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1. 1.▲
   by PrivCoTeam 14y ago

   PrivCo had a full 45 minute phone call with LivingSocial's OFFICIAL SPOKESMAN to fact check data and also get new facts he offered up about the financing round. That was at 4:30pm Thursday. At 6pm Thursday he received the draft report (as
2. 2.▲
   by PrivCoTeam 14y ago

   CNN/Fortune story just updated again to say insiders confirm that LivingSocial was down to JUST $28M IN CASH in February right before taking yesterday's financing. Do the math: looking at their 2012 financials on PrivCo: http://www.privco.
3. 3.▲
   by PrivCoTeam 14y ago

   Wait, they were down to JUST $28M IN CASH in February right before taking yesterday's financing? If my math is right, looking at their 2012 financials on PrivCo: Their operating expenses are about $1.4 Billion/year (Revenue + Operating los
4. 4.▲
   by PrivCoTeam 14y ago

   Fortune just reported that insider's confirm LivingSocial was down to JUST $28M IN CASH in February right before taking yesterday's financing? If my math is right, looking at their 2012 financials on PrivCo: http://www.privco.com/livings
5. 5.▲
   by PrivCoTeam 14y ago

   PrivCo has absolutely NO short positions in any private company we cover. These are PRIVATE companies and with rare exception do not trade. Nor do we earn any fees from private companies we cover (and we do NOT accept paid advertising, un