Topic: Max Levchin

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  • PayPal restructuring means lost jobs

    PayPal is cutting about 325 jobs as part of a major reorganization by its new president in an effort to head off competition. Though revered on Wall Street, Paypal has a reputation as slow and bureaucratic on Silicon Valley, making it hard to attract top-level talent. 

  • Yelp IPO is near, could raise $115 million

    Yelp IPO targets stock price at $12 to $14 a share. Yelp IPO target suggests company could be worth up to $840 million.