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Dropbox Founder Hits Jackpot

Another young entrepreneur is on the brink of joining the exclusive internet billionaire club. 28-year old Drew Houston is the founder of Dropbox, an online storage space he started in 2008. Dropbox is now close to securing a financing deal worth up to 300 million dollars. And according to the New York Times, the company is being valued at more than 4 billion!

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Barefoot Bandit Broke To Boot

Colton Harris Moore, better known as “The Barefoot Bandit” led authorities on a 2-year cat-and-mouse chase stealing cars, boats and even planes after escaping from a halfway house outside of Seattle. Sounds like a million dollar story, right? WRONG! Federal prosecutors have filed an indictment with the courts to prevent him from receiving a dime from book, TV or movie deals.

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Groupon Raises Record Investments

Groupon raises record amount of cash. Daily deal startup Groupon just raised a record amount of cash: 950 million dollars! This comes from several different investors, so in a sense they all came together in a very Groupon-like deal. It’s not hard to see why. The company’s blasted into the stratosphere since launching just 2 years ago, expanding to 35 countries with 50 million users.

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