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Start-Ups May Wait Longer to Go Public: VCs

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Start-up companies may be more reluctant to go public after the volatility that has hit stocks like Groupon, Zynga and Facebook following their initial public offerings, according to two venture capitalists and Groupon co-founders.

Guilty Plea In $13m Phony Facebook and Groupon Stock Scheme

Preet Bharara, the United States Attorney for the Southern District of New York, announced today that JOHN A. MATTERA pled guilty in Manhattan federal court to charges of securities fraud, wire fraud, and conspiracy to commit securities fraud and wire fraud in connection with a $13m scheme to defraud investors through false ownership claims of stock in Facebook and Groupon before their initial public offerings, and in other private companies. In connection with his guilty plea, MATTERA agreed to pay restitution to the victims of his offense and consented to the entry of a $13m forfeiture order.

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Start-Ups May Wait Longer to Go Public: VCs

Start-up companies may be more reluctant to go public after the volatility that has hit stocks like Groupon, Zynga and Facebook following their initial public offerings, according to two venture capitalists and Groupon co-founders.