If you thought Groupon was serious about global domination before, wait until you see what they did now. None other than Starbucks CEO Howard Schultz has been elected to the company's Board of Directors. Coincidentally, Maveron LLC, the venture capital company founded by Schultz, made an undisclosed stake in the company, furthering speculation that a Groupon IPO is imminent. more ›

Being in the heart of the Flyover Zone, we can only live the Pinkberry phenomenon vicariously through the eyes and words of our partners-in-Ist while we wait for a Chicago location to open. When that happens, the company's founders should have some serious cash backing their play. Pinkberry's founders are expected to announce later today that they've raised $27.5 million in initial venture capital. Much of the financing was acquired by Maveron, a venture capital... more ›