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Showing posts with label worldwide. Show all posts
Showing posts with label worldwide. Show all posts

Saturday, November 5, 2011

Steve Williams stir of a racial comment

Woods was the top-ranked golfer in the world for much of Williams' tenure as caddy. He reports on his official site, "by the age of thirteen I found myself enjoying caddying more than playing."
 Steve Williams, MNZM is a New Zealander who has served as caddy for several top professional golfers, most recently with Adam Scott. Williams is most known for having served as Tiger Woods' caddy from 1999 to 2011.
 
 
Williams was born in Wellington. He was born 29 December 1963.  He began his career of caddying at his home club at age 6. By age 10, he was frequently caddying 36 holes on weekend days and then practicing his golf game until dark, becoming a two-handicapper by age 13.
Recently Woods' agent, Mark Steinberg, also issued a statement on the reports Friday.
"I was with Tiger when the story broke. We were obviously not there, but if all the reports are accurate, it is regrettable. Really nothing more to say," Steinberg said.
The Daily Mail quoted an unnamed caddie who said: "Never have you been in a room and seen so many jaws drop at the same time. We knew he (Williams) was an idiot but we didn't know he was a racist idiot. European Tour official who said, "Thank God he is not on our tour.'  To when Williams was given a tongue-in-cheek award for best celebration by a caddie at the annual caddies’ party at the WGC-HSBC Champions tournament in Shanghai
The HSBC Champions is sanctioned by both the European Tour and PGA Tours. If a PGA Tour member wins the World Golf Championship event, it counts as an official victory.
New Zealand caddie Steve Williams is embroiled in a race row after insulting his former employer Tiger Woods at an awards show on Friday night.

 
Steve Williams received a mock award Friday night for “Celebration of the Year” for his TV interview after Adam Scott won the Bridgestone Invitational. That was the day Williams said it was “the best win of his life,” despite being on the bag with Woods for 13 majors.
“Why would they do that?” he said. “The whole thing was meant to be fun.”
At an awards party filled with banter, Williams said of his interview, It was my aim to shove it right up.
Williams had been fired by Woods weeks earlier before picking up Scott’s bag.
When asked what prompted his celebrations after Scott’s win, Williams allegedly replied.
The Mail reported that audience members were shocked by Williams’ outburst and while there were around 100 people in the room, including leading players, caddies and agents, none were prepared to comment publicly.
Tiger Woods thankful for Presidents chance Keegan Bradley shoots 65 to lead in Shanghai Australian golf's golden season set to unfold Torrential rain reduces NSW PGA to 54 holes Braith Anasta to chase dream of another kind Yang happy to inspire in Asia, happier to win McIlroy seeks benefit of Donald's absence Amateurs aiming to emulate Sir Bob Charles Danny Lee finishes year with top 10 finish Garcia clinches Masters for another win
Tiger Woods' former caddie caused another sensation, this time by using a racial slur to disparage his old boss during a caddies award roast in Shanghai.
Calling it the best victory of his 33-year career as a caddie, Steve Williams celebrated his win on Adam Scott's bag Sunday by disputing the way he was fired by Tiger Woods.
The 47-year old Williams, who had caddied for Woods since 1999, were dismissed by the former world No. 1 last month.
Woods had said earlier this week that the discussion took place face-to-face on July 3 after the final round of the AT&T National, where Williams had caddied for Scott for the second time while Woods was injured.
Steve Williams, who lashed out at Tiger Woods this summer after Woods fired him as his caddie, took another shot at his former boss on Friday when asked for an explanation for his high-profile celebration after winning with Australian golfer Adam Scott.

Friday, November 4, 2011

Groupon IPO may top price, It's Here Exclusive.

Groupon. They’re so wacky they make fun of Buddhists, stage mock tiffs with a Van Halen-lovin’ shut-in named Michael, and turn down $6 billion checks from Google

And now, the discount-of-the-day company has started down the road to its IPO riches.
Groupon just filed its long-anticipated S-1 with the SEC, the first formal notice that Groupon expects to launch as a publicly traded company very soon.
Groupon, the world’s largest collective-buying platform, has raised a hefty $700 million in its IPO, giving it a valuation of nearly $13 billion
The company started in November 2008 as part of The Point, an online community launched in 2007. Groupon features daily deals for various restaurants, spas and other businesses in over 175 North American markets and 45 countries worldwide. These offers are available to the company’s impressive +140 million strong subscriber base.
Daily deals pioneer Groupon priced its initial public offering late Thursday at $20 per share.
That's above its expected range of $16 to $18, indicating investors are excited to snap up the company's shares.


The price gives based Groupon Inc. a market value of $12.7 billion. That makes Groupon's IPO the second largest by an Internet company behind only that of Google Inc. in 2004.
In its filing, Groupon didn’t disclose how much money it expects to raise from its IPO. Our Journal colleagues previously reported Groupon could seek to raise as much as close to $1 billion at a valuation of about $20 billion. (Don’t be thrown by the $750 million number on Groupon’s filing. That’s just a placeholder number used to calculate filing fees.)
The investor prospectus does grace the public with our first in-depth look at Groupon’s finances and business details. Here are a few Groupon nuggets hot off the presses.
. As reported in the company’s IPO filing, its strategy going forward is to: 1) grow the subscriber base, 2) grow the number of merchants and 3) increase the number and variety of products through innovation. This planned expansion is the need for additional capital and why the company is floating its shares to the public
"It is many multiple times subscribed," said Scott Sweet of research firm IPO Boutique. "There is a strong likelihood that Groupon will price above the prevailing $16 to $18 range."