We’ve been covering the ups and downs of PlanetOut.com and today the company announced that it sold 56% of its shares for about $26.2M.
The company’s market cap hovers below $30M. continue reading...
On May 11th, I asked what on earth is wrong with PlanetOut (LGBT). At the time the company was trading at a market cap of $28M.
Barron’s Eric Savitz answered that question, and the future ain’t too rosy: continue reading...
Boy, if I didn’t grab your attention with that headline, not sure I ever can.
My question, in fact, is: is there a need for a gay-oriented media company? continue reading...
