Capital Markets / Corporate Governance / Politics / Regulation

Fitbit buys Pebble from bank, in warning to Crowdfunding fans

News report: Fitbit is buying Pebble for $34-40 million That Pebble is being sold for “less than [its] debt” serves as a poignant reminder that Crowdfunding is no pollyanna.  Folks who invest for a living understand that:...