Meetup In Good Shape, But Missing 'Aggressive' Growth Targets

Meetup, the organize-your-in-person-get-togethers startup, is in good shape, according to a leaked shareholder document. According to the document, Meetup had its first profitable month in July -- as we noted earlier this month -- and has a lot of cash in the bank: About $8 million. It made $30,000 of net income on $766,000 of sales in July. (Mostly fees charged to event organizers.) Read the rest of this story »See Also:Meetup Had Its First...

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