katz media group | Street Fight

Street Fight Daily: 08.18.11

David Hirschman

Street Fight Daily: 08.18.11

A roundup of today’s big stories in hyperlocal media, technology, advertising and startups...

According to a new report from location-based media company JiWire, 53% of the “on-the-go” U.S. audience is willing to exchange their location in exchange for more relevant content and better information, including mobile deals. (TechCrunch)…

Groupon is running seriously low on cash. The company is not broke, by any means. It can also presumably raise additional capital in the private markets if its IPO gets further delayed. But Groupon’s cash cushion relative to its liabilities is small — and the gap between the two is going the wrong way fast. (Business Insider)…