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Facebook IPO May Be Slightly Delayed

Zach Walton — Wed, 01 Feb 2012 15:35:35 +0000

All you eager people waiting to cash in on Facebook’s IPO may have to wait one more day.

The rumor being passed around by several sources is that Facebook won’t be filing its IPO until this afternoon according to All Things D. This means that the filing will take place after the markets close. A major bummer to all those hoping to jump on the big money bandwagon.

Why is it taking them so long? Sources are saying that the company is taking its time filing the papers. These things take time and Facebook wants to make sure that they make a good first impression like Zynga and Google before them.

If we’re lucky, we could see the details of the IPO early today. The problem with luck is that it is hardly ever on our side. Facebook is holding all the cards and they will reveal their IPO when they’re ready.

As we reported yesterday, the IPO could be worth $5 billion when it’s unveiled. You can bet that it will be valued much higher though. Facebook is too big to start out that small.

This is all just mere speculation though until we get the actual numbers. If Facebook files today, we’ll have all the gritty details for you. If they file tomorrow or even later, we’ll still be here watching out for the elusive Facebook IPO.

This is the biggest IPO so far this year and with Twitter not even considering an IPO yet, Facebook has all the time in the world.

Have A Backup Plan If You Rely On Google’s Services

Andy Beal — Wed, 03 Dec 2008 21:20:23 +0000

While Google may be the darling of the tech industry, it’s not immune to the worsening economic conditions–aka the recession. A share price of just $275 is all the proof you need.

The Wall Street Journal takes a close look–aka one long article that includes everything we’ve covered over the past few months–at how Google is battening down the hatches.

If you rely on any of Google’s fringe services, you should be concerned about this:

So with the U.S. economy in a recession, Google is ratcheting back spending and cutting new projects. “We have to behave as though we don’t know” what’s going to happen, says Google Chief Executive Eric Schmidt. The company will curtail the “dark matter,” he says, projects that “haven’t really caught on” and “aren’t really that exciting.” He says the company is “not going to give” an engineer 20 people to work with on certain experimental projects anymore. “When the cycle comes back,” he says, “we will be able to fund his brilliant vision.”

Google has already pulled the plug on Lively and SearchMash–easy decisions considering they had no momentum–but what about the other “non-search” offerings?

If your business relies on anything outside of Google’s core offerings–search, ads and apps–then you might want to consider a back-up plan. Google could pull the rug at any time.

What service do you think Google will shut down next?

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Yahoo Hoping For $22/Share Buyout From Microsoft

Andy Beal — Fri, 10 Oct 2008 19:22:08 +0000

There’s no doubt that the current economic meltdown is hurting a lot of businesses. At the sharp end of the Wall Street collapse is Yahoo–its stock is down 34% since the beginning of August.

With its partnership with Google destined to be delayed for eternity, some Yahoo investors are hoping Microsoft might be willing to catch a falling knife. Actually, they’re kind of hoping that Microsoft will look past Yahoo’s $12 share price and be generous with a $22 buyout offer.

A small Yahoo Inc investor proposed a new deal on Thursday to sell the company to Microsoft Corp for $22 a share, a 74 percent premium to the Web pioneer’s current stock price.

Under the proposal by investment fund Mithras Capital, Microsoft would unload Yahoo’s Asian assets and non-search businesses, extract $3 billion worth of cost savings and receive $2.8 billion of tax benefits, meaning the software giant would pay $10.3 billion for Yahoo’s search business.

Mithras Capital, which owns more than 1.9 million shares, or 0.14 percent, of Yahoo, said in a press release that the proposal allows Microsoft to buy Yahoo’s search business for $2 billion less than it offered in July.

The Government is watching this potential deal closely. If it goes ahead, it’s hoping Microsoft will also take its newly acquired $700 billion debt of its hands for $1 trillion.

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