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Articles tagged with: venture capitalist

Pandora Raises Share Price By $3 In IPO

It looks like Pandora has changed its mind on its shares of stock since it’s original IPO (initial public offering). The company has just issued an amendment raising the share price from $10-$12. This is a $3 per share raise from its original average, and brings the company’s valuation from $1 billion to nearly $2 billion.

Since there are nearly 15 million shares up for the taking, Pandora expects to raise about $203 million from the initiative, or $60 million more than it’s original offering. Pandora currently rocks a user-base of 94 million, compared to 53 million the previous year. Likewise, users spend two times more time on the site than they had the previous year (rising from 0.7 billion hours to 1.6 billion hours).

Taiwan’s E-paper And What This Means For The Future

Taiwan’s Industrial Technology Research Institute has developed e-paper technology which it expects to be used for digital signage. ITRI demonstrated prototypes of the e-paper (not pictured) that it hopes will be commercialized within the next two years.

The e-paper can print red, green, and blue in different parts of the paper and utilizes a roll-to-roll printing process that is currently used in newspaper presses. One example the ITRI demonstrated was an e-paper clock that refreshes electronically with each second. The research institute also noted other uses, such as e-wallpaper and e-tickets, which could be recycled and reprinted for hundred of events.

LiquidSpace Raises 3.6M In First Round Of Funding

LiquidSpace has just announced that it has raised 3.6 million dollars in its first round of funding. LiquidSpace offers a mobile application that allows mobile workers connect with workspaces. The app is aimed at both workers who do not have an office and those who have one but enjoy spending a lot of time away from it. Many employees can be as productive at a coffeeshop as they can at their actual desk.