shameless rumormongering

Rumor Roundup: Mo Koyfman’s Icelandic Bachelor Party, Attack of the Silicon Valley Viewing Parties

Mo Koyfman

Bjorking Your Bachelor Party As a sign of just how many bachelor parties an up-and-coming venture bro is obligated to attend, during a recent PandoMonthly panel, Thrillist Ben Lerer said if he had to pick a totally ordinary superpower, it would be making sure his wife was cool with him going to bachelor parties. (To be fair, it took him a long time to come up with it, so it might not be that high on his list.) Hopefully his better half was understanding about a recent trip Mr. Lerer took to Iceland celebrate the end of singledom for Spark Capital’s Mo Koyfman.

The recently promoted general partner invited a number of other techies for the festivities, including Eater.com cofounder Ben Leventhal and what looks an awful lot like Jakob Lodwick and Ricky Van Veen, who Mr. Koyfman would know from his days as an IAC executive “adult supervising” College Humor. Definitely present? Author and MSNBC cohost Touré! Mr. Koyfman tested hashtags for Instagramming his international excursion, trying out #koyfops before settling on #icemomo, although NYC yoga instructor Heather Lilleston also suggested #mochella. Read More

IP Uh Oh

Groupon PR Debacle Fuels Momentum for Killing the IPO Quiet Period

quietplease_DV_20110622172627

While you were distracted with the “nuclear situation” over at TechCrunch, Groupon, apparently, took the opportunity to make things even more toxic for itself in the press by once again flouting the SEC-mandated quiet period between filing for an IPO and actually going public.

Just before the long weekend, Michael Buckley from Brunswick Group, a PR firm employed by Groupon, not only called peHUB reporter Connie Loizos to complain about a story, but to get her facts straight, Mr. Buckley suggested taking a look at a leaked memo from Groupon CEO Andrew Mason that somehow found its way into Kara Swisher’s hands at AllThingsD. Yup, the very same leaked memo that Henry Blodget alleged violated securities law. Ms. Swisher’s role in that aside, as Ms. Loizos points out, the quiet period does not permit “calling journalists and urging them to read leaked CEO letters.”

As Fortune.com‘s Dan Primack sees it, however, the fault lies with the SEC, not Groupon. In the latest issue of the magazine, he makes his position clear with the headline, “It’s time to kill the IPO quiet period.” Read More