Today's Hard|Forum Post
Today's Hard|Forum Post

Monday August 01, 2016

What Tech Company is Next on the Block?

The Los Angeles Times is telling us that AngiesList, GoPro, Groupon, Zynga, and Yelp are all prime for the picking. Who knew that Yelp needed almost 4,000 employees to make things happen? I figured there were still just a couple of guys running that out of their apartment.

One reason: Many tech companies have struggled with execution, unforeseen competition, management turnover and other woes. That’s prompted disaffected investors to keep pushing share prices lower, leaving the companies with market values that are well below their highs and luring buyers.