For a company whose business is built on the recession-brutalized fine-dining industry, OpenTable’s IPO last week was impressive. Must have made for quite a windfall for the company’s larger investors. Especially those who took the opportunity to dump their stakes in their entirety.
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Circuit City is powering down for the last time. With its shelves nearly empty after weeks of liquidation sales, the bankrupt consumer electronics chain will shutter its remaining stores on March 8–a bit earlier than originally planned.
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The Web never stops publishing, but a tech blog definitely slows down on a market holiday. To wit: A (Long) Weekend Update, and best wishes on Martin Luther King, Jr. day.
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Sad Guys on Trading Floors may soon have some new photographs of dismay to catalog, if the Silicon Valley Venture Capitalist Confidence Index is any guide. Released this morning, the index puts VC confidence at its lowest point in the five-year history of the survey.
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