All Posts Tagged Tag: ‘ipo’

Uber Wants to Go Public in 18-24 Months, According to Leaked Documents

Uber Wants to Go Public in 18-24 Months, According to Leaked Documents

According to a leaked presentation to potential investors in China, Uber plans to go public in the next 18-24 months – putting the IPO sometime near the end of 2016 to the middle of 2017. Reuters reports on the documents, which also include plenty of financials. According to the presentation, Uber is expected to see global bookings of $10.84 billion …

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Square Reportedly Files for IPO

Has payments company Square secretly filed to go public? That’s the word from Bloomberg, which quotes the ubiquitous sources familiar with the matter. Square was said to be gearing up for this for the past few months, with reports last month indicating the move was imminent. In reality, talks about a Square IPO have been floating around for years. Square’s …

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Fitbit Files $100 Million IPO

Fitness tracking wearables company Fitbit has decided to go public According to Fortune, Fitbit will trade on the NYSE under the symbol FIT. The company says it plans to raise $100 million, but that number is likely to change. Fitbit’s regulatory filing revealed some interesting things about the company – including some impressive numbers in terms of revenues and profit. …

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Ashley Madison Taps “Laissez Faire” Europe for IPO

If you’re a married person looking to have an affair, the number one internet destination is AshleyMadison.com. The Toronto-based company is looking to go public, but its hopping across the pond to do so. Avid Life Media, parent company to Ashley Madison and a handful of other dating websites, is planning to launch an IPO in London. Why? “Europe is …

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GoDaddy Files for a $100 Million IPO

In 2006, web hosting company GoDaddy.com decided it was time to file for an initial public offering (IPO). However, it quickly changed its mind after learning that it would have to take a 50 percent haircut (a loss on the market-value of a stock to provide a cushion for the brokerage company in case the investment loses money) on its …

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Report: Square Not Ready To Go Public This Year

It’s looking like Square won’t be going public in 2014 as multiple reports indicate IPO aspirations have been put on hold. Last week, The Information reported that the company was considering raising another round of funding that would delay an IPO. The Wall Street Journal had reported back in November that Square was eyeing an offering for this year. Now, …

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Prince Alwaleed Says Twitter Will Succeed Post IPO

Billionaire Saudi Prince Alwaleed bin Talal, who’d invested $300 million in Twitter 2 years ago, says he thinks that the social media platform needs to focus on generating revenue. Twitter raised $1.82 billion during its November 7th IPO, and its stock jumped 73 percent after debuting, selling roughly 70 million shares to investors. Alwaleed put his $300 million into Twitter …

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Twitter Closes First Day at NYSE at $44.90 a Share

Twitter Inc., the company known for the micro-blogging/social networking free service Twitter (i.e. a 140 character per-status update (“tweet”) feed in which users can follow, send, and read) began trading on the New York Stock Exchange (NYSE) at 9:30 AM on Wednesday. Shares rose as high as $50.09. This means that Twitter Inc. (TWTR) is now a public company, and …

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Actor Patrick Stewart Rings In Twitter IPO

Actor Patrick Stewart joined Twitter Chief Executive Dick Costolo and founder Jack Dorsey at the New York Stock Exchange this morning, to ring in the social media platform’s IPO. Twitter announced yesterday via tweet that the price per share of its initial public offering had been set at $26, with an $18 billion valuation. The shares had been priced above …

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Square Eyeing 2014 IPO, According to Report

Today, everyone is talking about the big Twitter IPO. Next year, we may be talking about Square putting forth an initial public offering. The common thread here is Jack Dorsey, of course. The Twitter co-founder is also the founder and CEO of mobile payments company Square – a company that may be eyeing an IPO of its own. The report …

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Twitter IPO: 7 Things You Might Not Know

Twitter will go public on the New York Stock Exchange on Thursday morning. On the eve of the company’s much talked about IPO, here are seven things you might now know: 1. If Twitter’s stock skyrockets tomorrow, it’s actually a bad thing for the company. According to San Francisco investment banker Bill Hambrecht, who has helped companies like Amazon, Apple …

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Twitter IPO: $26 Per Share

Twitter just announced via tweet that the price per share of its initial public offering has been set at $26, with an $18 billion valuation. The shares, which have been priced above a previous range of $23 and $25, will be available on the New York Stock Exchange Thursday morning. The $26 IPO was debated by Twitter’s board of executives …

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Defunct ‘TWTRQ’ Stock Confused with Twitter IPO

A bankrupt company named Tweeter Home Entertainment Group Inc. (TWTRQ) saw its stock soar by 1,800% on Friday, in what analysts say some investors must have thought was Twitter. Incidentally, Twitter (TWTR) doesn’t have a “Q” on it. Though, the investments didn’t result in any new-sprung Tweeter Home Entertainment millionaires. TWTRQ, which went bankrupt in 2007, before finally shutting down …

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Stock Market Dips Drastically After Wednesday’s High

On Wednesday, September 18, the Dow set an all-time high at closing, as did the S&P. The boom came shortly after the Federal Reserve announced that it would continue its economic stimulus program. However, the investment-high did not last long. The stock saw itself losing all of its gains from Wednesday on Thursday and Friday. Economic pundits believe the dip …

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Facebook and Its IPO Made San Mateo County the Highest-Paid County in America

According to figures just released by the Bureau of Labor Statistics, Facebook’s May 2012 IPO made San Mateo county, California the most well-paid area in the country. The average weekly worker wage in San Mateo County, California (home to Facebook’s Menlo Park campus) was $3,240 in Q4 of 2012. That’s over a thousand dollars a month more than the second-place …

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Neiman Marcus Files for $100M IPO

Department store Neiman Marcus this week announced that it has filed for an initial public offering. According to a registration with the Securities and Exchange Commission, the offering will be in common stock sold by current shareholders. The number of shares offered, and the price range for the shares, has not yet been released. Financial services company Credit Suisse Securities …

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Candy Crush Saga Publisher Preparing For IPO

In the two months since its release on Facebook, Candy Crush Saga has quickly become the most-played game on the social network. With tens of millions of users, the game is raking in money through micro-transactions on Facebook and mobile platforms. Now, Midasplayer International Holding, the game’s publisher, is looking to take its success public with an IPO. The Wall …

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NASDAQ Fined $10 Million For Botched Facebook IPO

To say the Facebook IPO was a disaster might be a bit of an understatement. A few days after the social network went public, reports emerged that a technical issue prevented trading and many investors lost money as the stock’s value tanked. Those same investors brought lawsuits against the NASDAQ and the SEC launched an investigation into the IPO. That …

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New Facebook Lawsuit, Same Old Facebook IPO Gripe

A new lawsuit filed by a Facebook shareholder claims that the company knew about downward trends in revenue tied to increased user defection to mobile from desktop use. Gaye Jones says that such information was shared with key investors. “The defendants were unjustly enriched because they realized enormous profits and financial benefits from the IPO, despite knowing that reduced revenue …

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Twitter IPO Coming by Year’s End Says Analyst

Another analyst has weighed in the expected Twitter IPO, and he thinks that it’s going to come sooner than others have predicted. Sam Hamadeh, CEO of PrivCo, a New York-based private company research firm, says that we can expect Twitter to go public by the end of the year – probably the fourth quarter. He cites a “source high up …

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Twitter Valued at $11 Billion, IPO Coming in 2014 Says Analyst

Soon after Facebook filed its documents and made its intentions to go public known, people started speculating about when Twitter would take the plunge with their own offering. In a leaked email, Twitter CEO Dick Costolo said that his company didn’t want to be public until they “have very predictable quarterly earnings growth,” and added that Twitter wasn’t “ready to …

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Facebook’s First Post-IPO Earnings Report Shows $1.18 Billion in Revenue

Facebook has just announced their Q2 earnings, their first since the company went public in May. Q2 total revenue was $1.184 billion, up from $895 million in Q2 2011. They also posted a non-GAAP profit of $0.12 a share. The figures were pretty spot-on the Wall Street expectations. “Our goal is to help every person stay connected and every product …

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GM Could Return To The Facebook Ad Fray [Report]

Just days before the big Facebook IPO, the company was hit with a rather embarrassing blow from another well-known American company. General Motors announced that they were yanking all of their paid ads from Facebook, saying that they weren’t sure about their effectiveness and how they fit into future marketing strategies. Read: Facebook ads don’t really work and we’re getting …

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LivingSocial Not Going Public Anytime Soon

In light of the totally botched Facebook IPO, it’s no wonder many tech companies are in no hurry to go public. According to LivingSocial CEO Tim O’Shaugnessy, you can add LivingSocial to that list. Despite recent losses for the company, they are aren’t hurting for the capital an IPO would bring in. LivingSocial was recently able to raise $600 million …

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Mark Cuban Admits He Was Wrong About Facebook

Mark Cuban, who has been a steadfast supporter of Facebook throughout the IPO process, and an investor who purchased 150,000 shares of the company, is coming forward today to say he was wrong about the company. He has decided to sell off his huge collection of Facebook shares and is now saying it just isn’t a good investment. Ouch! That …

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Social Media Stocks Continue to Struggle

Social media stocks are continuing to have a hard time this week following the widely-chronicled Facebook IPO fiasco. Since Facebook, which is currently down 24% from its initial price tag of $38 a share, has struggled in the market since day one, many investors are starting to pull away from other social media-related businesses. For example, Zynga, a company that …

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Things Smaller Than Mark Zuckerberg

The newest billionaire on the block owes a great deal to you, the Facebook member. If not for the hundreds of millions of people joining the Book of Face, there would be no multibillion dollar IPO. So the next time someone talks about Zuckerberg’s billions, take heart in knowing you had something to do with his success, provided you’re a …

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Facebook IPO Presents New Challenges For The Social Media Giant

Do you love Facebook or do you loathe the very existence of the platform? Your love or hatred can depend on a number of things, but I bet one of the main reasons is privacy. Facebook, as a social media platform, deals in information – your information. Is the IPO going to change how they use your information? It’s pretty …

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Comparing Facebook’s IPO With Other Tech Companies

It’s Facebook IPO day, and the forecast for the stock sale is incredibly strong. Considering the service’s $104 billion estimated worth, which is based on said IPO forecast, chances are it’s going to be a really good day for the Facebook crew. However, how does Facebook’s IPO compare to other tech company public offerings? To be blunt, it doesn’t. Facebook’s …

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Facebook’s “Likers Gonna Like” Poster

Facebook’s Toronto platform strategy team member Sachin Monga snapped a photo of a new printout adorning the wall of his office, set to remind employees that likers gonna like, as the social network files its IPO. The sentiment can also likely be applied to Facebook’s Timeline, which has more than a few haters. The new poster comes after previous motivational …

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