Facebook employees and others who are contemplating when to sell their stock can get some help from a new startup called Wealthfront.
Now that Facebook is fast on its way to becoming a public company, and its financials have been laid bare, there’s just one question that remains unanswered: What is Facebook actually worth?
Guest Post Facebook faces some real challenges when it comes to keeping up its growth pace, as I covered yesterday. But I’m still bullish on the company, and here’s why.
Guest Post This is a revised version of a story that appeared on CNET earlier today; it is republished with permission.
Guest Post Facebook’s IPO filing yesterday comes after a highly successful 2011 — $3.7 billion in revenue, $1 billion in profit according to recent reports. Yet, as the world eagerly awaits the opportunity to invest in the social networking giant, it’s worth asking, where does Facebook go after the FB ticker starts trading?
Guest Post Facebook is a fantastic company that will be sold at a fantastic premium. That’s my key takeaway from the company’s filing of its S-1. The document, the first major public step in the process to an IPO, gives us a real look at the company’s numbers and insight into the minds of its management.
Shutterstock/De MangoOur creepy, socially-networked future.
When Facebook’s S-1 filing comes out (which could be as soon as tomorrow, if you believe the Wall Street Journal), we’ll see a lot of risks in it.
Mergers, acquisitions and IPOs for venture-backed startups were down in 2011 by some metrics and up by others.
The past year in technology was pretty wild.
Guest Post As a software securities analyst, Richard Davis spends 200 days a year on the road visiting software companies. He goes to public companies such as Oracle and Salesforce.com, but he also visits up-and-coming software companies he thinks will go public in the near future. In his new column, Davis is going to talk about some candidates he thinks may be ripe for the IPO class of 2012 or 2013.
Guest Post Three years ago, Mark Pincus told me that he was going to make Zynga more valuable than EA within five years. It took him only two.
Guest Post Groupon’s stock has fallen precipitously during the last three days. Today, it broke below the Chicago-based couponers IPO price of $20.00 for the first time. At a recent price of $17.41, any IPO investors who were still holding on to the stock would be down nearly 13%.
Guest Post Yelp’s S-1 for its upcoming IPO is a breath of fresh air. After five months of studying the S-1 of daily deals site Groupon, I’m glad to see local-business-reviews site Yelp come out with a reasonably clean document.Groupon tortured many accounting rules and made up some of its own (forcing it to amend its S-1 repeatedly and delaying its IPO), but Yelp seems to be playing by the books.
Groupon went public earlier this month. Angie’s List went public Wednesday and saw its shares surge 25 percent the following day. And on Thursday, Yelp filed for a $100 million IPO. Has the tech IPO window has opened again, and if so, how long it will stay open?
Zynga has acquired 15 companies so far this year, including a few it hasn’t announced.
South Korean online game publisher Nexon could raise nearly $1.3 billion in an initial public offering on the Tokyo Stock Exchange, according to Reuters and the Nikkei business daily.
Guest Post Daily deals site Groupon is launching its IPO roadshow this week and is seeking a $10 billion valuation for the company, less than half of what was rumored when the company first filed to go public in June. That’s a big haircut.
Guest Post High-value financings for venture-backed private internet and digital media companies seem to be happening at a rapid pace. Dropbox, Tumblr, AirBnB, Foursquare, and Spotify have all raked in big fundings and attained record valuations in recent months. Meanwhile, public investors are decidedly less sanguine. The Nasdaq Composite index is flat for the year – and the average internet and digital media company is down 50% from 52-week highs.
Guest Post Tudou Holdings Limited, a leading online video company in China, ended its initial public offering saga this week, limping onto Nasdaq (under the symbol TUDO) at a price equal to 16 times revenues in the 12 months through March 31. That valuation is about half the 31 times revenue rival Youku.com Inc. (NYSE: YOKU) received in its December 2010 initial public offering.
Guest Post Chinese internet company Xunlei Limited last week announced the postponement of its initial public offering and Nasdaq listing, citing adverse stock market conditions. The company had intended to raise up to $140 million to expand what many regard as a haven for copyright infringement that would be illegal if operated inside the United States.
Real estate listings site Zillow opened on the NASDAQ stock exchange this morning with a whopping $60 share price after its IPO was priced last night at $20 per share. But the $60 per share price fell quickly after the first trade and shares are currently trading around a more reasonable $34.
Guest Post Recent tech IPOs have been anything but predictable.
As it inches closer to going public, real estate listings site Zillow raised the price of its initial public offering to a range between $16 and $18. The new price ups its valuation to $485 million.
Guest Post (Editor’s note: Serial entrepreneur Steve Blank is the author of Four Steps to the Epiphany. This is an edited version of a longer story that originally appeared on his blog.)
Online real estate company Zillow on Wednesday filed new SEC documents that declare its IPO pricing between $12 and $14 a share, which gives the company a $378 million valuation. The company intends to raise up to $55.7 million in the IPO.
Zynga, the game developer behind smash hits FarmVille and CityVille, is the most profitable Web 2.0 company that has filed to go public this year. If this year’s track record with IPOs is any indication, Zynga’s IPO could easily crush every other Web 2.0 company once it makes its debut.
Share prices of online radio service Pandora skidded in its second day of public trading on the New York Stock Exchange (NYSE), falling nearly 25 percent from its closing price on Wednesday. Shares are now trading at a price below the company’s initial public offering price of $16.
Vacation home rental site HomeAway on Thursday priced shares for its initial public offering between $24 and $27, which values the company at a surprisingly robust $2 billion. The company wants to raise as much as $248 million in its offering.
It looks like investors still have a healthy appetite for consumer Web companies. Online music service Pandora started trading on the New York Stock Exchange this morning, and as of 10:35am Eastern time, it was trading at $20.75 per share.
Facebook is planning to file an initial public offering as early as October or November, according to a CNBC report. A filing at that time would most likely lead to an IPO in the first quarter of 2012, with a potential $100 billion valuation.
Ambarella, a maker of chips that power the coolest video cameras, filed its registration papers to go public today.
CafePress, a site where people can design and sell custom goods like T-shirts, just filed for its initial public offering.
Online radio station Pandora increased the share price for its initial public offering today, bringing the company’s valuation to nearly $2 billion, according to a recent filing with the Securities and Exchange Commission.
Fusion-io, a tech startup that makes memory modules to make data centers more power efficient, raised $233 million in an initial public offering today.
You might think that group-buying sensation Groupon would have to repress its tongue-in-cheek sense of humor as it prepares for its its initial public offering — and to some extent, that’s true. But even though Groupon’s IPO filing is dominated by the usual financial numbers and corporate-speak, a little bit of the company’s mischievousness sneaks through.
Zynga, the dominant maker of social games on Facebook, is reportedly poised to file for its initial public offering, according to AllThingsD.
After watching LinkedIn’s stock climb to impressive heights following its IPO today, not to mention all the subsequent talk that we’re in a new bubble that will eventually pop, you might think that the executives at professional networking company Viadeo are regretting their recent decision to postpone their own IPO. But Viadeo chief executive Dan Serfaty told me today that he’s feeling just fine.