Tag Archives: JP Morgan

IPO Watch: TeleNav

TeleNav filed with the SEC Friday to go public. The Silicon Valley-based company hopes to raise up to $75 million in its IPO. The company’s largest venture capital backer is Menlo Ventures, which must have high hopes for the transaction. The IPO is being managed by JP Morgan and Deutsche Bank Securities. No date has been announced.

TeleNav has more than 11 million paying users (as of the end of September) and provides its services through Sprint Nextel and AT&T.

[Via Reuters]

This is what I get for waiting

Over at day job, I heard from a colleague that Washington Mutual, which had just been picked up fire sale-style by JP Morgan Chase, had done little more than slap a new logo over an old one. And, they did. The effort is truly low-rent, but I guess it gets the point across.

They took the picture off the website today, which is a fucking shame. Yesterday, the new JPMC message was pasted on top of a picture in which one kid was covering the other’s eyes.

Yeah, see no evil …