Media - Wednesday, August 24, 2005
The Shutterfly IPO
Months ago we passed on rumors of an impending Shutterfly IPO. We have since received several inquiries about the IPO that never happened. While Shutterfly appears to be on solid finanicial footing, the tech IPO market continues to reek. We suspect the bankers are waiting for the market to perk up.
Shutterfly has just announced a partnership with Amazon. Online photo services are the type of offering that Amazon might have tried to build on its own so this is a coup for Shutterfly - it may help that one of Shutterfly's founders is now working at Amazon.
Read - Bezos Snaps Up Photo Deal With Shutterfly (Forbes)
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Edmonton dominated the Carolina Hurricanes on Saturday night and the 4-0 margin in Game 6 makes it hard to imagine the Oilers not hoisting hockey's Holy Grail above their heads in less than 48 hours. And it would not come as any shock to see defenseman Chris Pronger, who had another 31-minute night, take the honors for the Conn Smythe Trophy as the playoff MVP.
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