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Who is to blame for the Groupon fiasco? Everyone

We’ve heard quite a few opinions about who’s to blame for Groupon’s IPO fiasco ever since the company announced a restatement of its earnings last Friday and indicated that it had material weakness in its internal controls. Andrew Ross Sorkin of The New York Times blames greedy tech companies. Sarah Lacy of Pando Daily blames greedy Wall Street bankers. They’re both right — and they’re both wrong. The blame for this fiasco can be spread far and wide.

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Why Groupon is poised for collapse

Groupon was forced to restate fourth quarter earnings, sending its stock down 6% in after-hours trading. This surprised me as much as my $2 investment in the Mega Millions jackpot not paying off.

Zuckerberg a no-show at pre-IPO analyst meeting

Mark Zuckerberg may have completed the ultimate power play in nabbing a majority of Facebook’s voting rights, but the youthful chief executive would apparently prefer to take a back seat as his social networking company courts analysts and investors on the road to a public offering.

Facebook worth $94B, private market says

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?

Why I’m so bullish on Facebook

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.

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Facebook’s next big move: a paywall?

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?

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Rocky Likes Facebook … but sees some challenges

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.

Cool private companies: 3 software firms making a splash (and cash)

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.

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Zynga: Beyond the IPO

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.

Investors should be even more worried about Groupon, as its share price falls

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%.

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Yelp’s IPO filing: no tricks, but big questions linger

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’s tricky S-1 math

[Editor’s note: This story is republished with permission by Rocky Agrawal. It originally ran yesterday on his blog, reDesign.]

Who gets hurt if Groupon collapses

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.

The hottest new internet companies are growing up outside the U.S.

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.

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Tudou IPO exposes yet another China risk factor: the founder’s wife

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.

Xunlei IPO on Nasdaq would have US funding Chinese piracy

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.

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Zillow share price doubles, then quickly falls during IPO

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.

New rules for the new internet bubble

(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.)

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Zillow prices IPO, now has nearly $400M valuation

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.

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Will Zynga fare better than Pandora, Groupon in its 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.