Boxee, which makes a small set-top device that dubs itself the “world’s first cloud DVR,” has been reportedly purchased by Samsung. Israeli news site The Marker says the electronic giant has purchased the company, headquartered in New York but with a large Israeli presence, for about $30 million. Read More
buyers and sellers
Shapeways attracted lots of eyeballs in the fourth quarter of last year, and not just for stunts like this. According to a report from SecondMarket, the 3D printing marketplace gained interest on SecondMarket’s private stock market at the fastest clip, as the number of investors following the company grew more than five-fold in the last three months of 2012. Read More
Is it a second act for SecondMarket? That might be overstating the case, but the private market’s third-quarter report revealed that a growing portion of the sellers on its platform are current employees putting up shares in their own startups.
“More and more companies are using SecondMarket as an incentive tool,” Aishwarya Iyer, public affairs manager for SecondMarket, told Betabeat. “We have CEOs who are telling their employees, ‘We’re doing this for you.’”
Seventy-six percent of the sellers in the private stock market were current employees, up from 60 percent in the second quarter, SecondMarket said in a release, and a dramatic reversal from previous years: former employees made up 90 percent of sellers in 2010 and 2011. Read More