Tribune Publishing Co.’s board of directors has rejected an unsolicited acquisition offer from Gannett Co., calling it an “opportunistic” bid that undervalued the company and wasn’t in the best interest of shareholders.
Jia Yueting, founder and chairman of LeEco, has used unorthodox funding methods to further his tech visions. Last month the Chinese entrepreneur unveiled a driverless electric concept car, and his grand dream is for a hardware-content ecosystem.
As more entrepreneurs turn to online sites such as Kickstarter and Indiegogo to raise money for their ventures, a cottage industry of service providers has emerged, promising help with everything from strategy and publicity, to communication and logistics. But are they worth it?