Twitter updated its S-1 prospectus today and told the world it will be listing on the New York Stock Exchange, not the NASDAQ. In addition, the company confirmed that it would list under the symbol TWTR.
Twitter has accidentally revealed its IPO date in revisions to its S-1 filing, private company financial data analysts at PrivCo say.
The new features are a coup for Microsoft, which is getting an app for its mobile platform that isn’t a rebrand of another platform’s app but a fully integrated, fully native, and fully optimized app just for Windows Phone.
Not content with the research side, NanoString places a lot of emphasis on its technology’s usefulness in clinical settings for present-day patient care. Unfortunately, one of the biggest risk factors for this IPO is the company’s consistent losses.
Agile software company Rally is getting ready for the big time — a debut on the public stock market.
Zynga filed a revised S-1 this morning with the SEC that contained a number of interesting details. It pegged the price of its recent purchase of NYC game company OMGPOP at $180 million. The filing also revealed the company will sell just under 43 million shares in a secondary offering. And while CEO Mark Pincus is offloading about 15 percent of his shares, his voting power will stay very much intact.
Wall Street likes data. Annual reports and quarterly reports move markets. If Wall Street could access daily data on the ins-and-outs of a company, it would. Hedge funds have been known to use analysis of satellite imagery of Wal-Mart parking lots to try to get a jump on the markets.
As VentureBeat’s Jolie O’Dell pointed out yesterday, Facebook CEO Mark Zuckerberg managed to strike a deal with some key investors and friends that gives him 57 percent of the shareholder voting power. For a public company, it’s an almost unheard of concentration of authority, a troubling sign for those who focus on shareholder rights.
Facebook’s core values include a powerful, results-oriented, anti-theoretical philosophy called “The Hacker Way,” according to founder Mark Zuckerberg.
“The Hacker Way is an approach to building that involves continuous improvement and iteration,” Zuckerberg writes. “Hackers believe that something can always be better, and that nothing is ever complete. They just have to go fix it — often in the face of people who say it’s impossible or are content with the status quo.”
Facebook has filed its S-1 form with the SEC, announcing its intention to go public.
Facebook has been on a rocket ride to social network dominance. Now we know that it’s making some money from that ride.
Pandora, an online radio station, has filed to go public to raise $100 million, according to a recent filing with the Securities and Exchange Commission.