OpenTable wins big with hearty IPO

OpenTable wins big with hearty IPO

Online restaurant reservation site OpenTable (trading as OPEN) has stunned the market with the best IPO performance of any company since 2007 (Orion Energy Systems), reaping a 59 percent gain with share prices closing at $31.89 on the Nasdaq — a staggering upsell from its… Continue Reading

OpenTable ups share price for IPO as Silicon Valley watches closely

OpenTable ups share price for IPO as Silicon Valley watches closely

Online reservation service OpenTable is predicted to go public this week — much to the excitement of the Silicon Valley community — and it just lifted its estimated price range from $12 to $14 per share to $16 to $18 in response to investor demand…. Continue Reading

Roundup: OpenTable IPO this week, big cell phone launches approaching, Google facing antitrust scrutiny

Roundup: OpenTable IPO this week, big cell phone launches approaching, Google facing antitrust scrutiny

Here’s the latest action:

OpenTable going public — Silicon Valley will likely welcome its first IPO in a while this week from the restaurant-reservation site.

Will the summer bring blockbuster cell phone sales? — The launch of the Palm Pre, iPhone 3.0 software, and others could juice cell phone… Continue Reading

Roundup: Hulu eyes world domination, Schmidt busts antitrust talk, Nokia plots app store and more

Roundup: Hulu eyes world domination, Schmidt busts antitrust talk, Nokia plots app store and more

Hulu closer to going global — The online video site backed by NBC Universal and Fox has signed a bevy of content deals with overseas television producers with an eye toward British and Bollywood programming.

OpenTable sets terms for IPO — The restaurant reservation service plans to sell… Continue Reading

OpenTable seats 3M diners a month, releases mobile version

OpenTable seats 3M diners a month, releases mobile version

updated

OpenTable, the San Francisco company that lets you make online reservations at any of 8,500 restaurants, said it it is seating three million diners a month, which means it’s making some serious cash — in the multiple millions of dollars a month, based on back-of-the-envelope… Continue Reading