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corporate buzz

And the Red Envelope Please…

New York Times: Alternative Slate Rejected at RedEnvelope Shareholders of RedEnvelope.com, an online gift catalog, sided with management yesterday and voted to reject a slate of directors proposed by the company’s co-founder.

Founders fighting with VCs for control of the company. Where have I heard that one before? Anyways, I’ve posted RedEnvlope contracts on the web site.