Quixey: Quixey shutdown highlights dangers of debt for startups

A loan from Alibaba reportedly played a big role in the shutdown of Quixey earlier this month and highlights the peril of startups taking on debt when funding becomes scarce. Axios' Pro Rata newsletter cited multiple unnamed sources who said the Mountain View-based mobile search startup's troubles started when its Chinese e-commerce giant backer went public in the fall of 2014. Click here to get the free daily TechFlash Silicon Valley newsletter. Alibaba was both an investor in the company...