Description: Eduardo Saverin, the billionaire co- founder of Facebook Inc. (FB), renounced his U.S. citizenship before an initial public offering that values the social network at as much as $96 billion, a move that may reduce his tax bill. Source: Bloomberg.com Date: May 11, 2012 Link: http://www.bloomberg.com/news/2012-05-12/facebook-co-founder-may-gain-choosing-singapore-over-u-s-.html Questions for Discussions: What are the ethical issues… Read more »
Posts Tagged: IPO
What If Facebook Isn’t So Special After All?
Description:  As the fateful day of Facebook’s initial public offering draws closer, the giant social network’s financial results are attracting more attention. And while its recently updated securities filing shows some blockbuster numbers—including a mind-boggling 900 million active users, half a billion of whom use the site daily—it also reveals some potential red flags, including… Read more »
Splunk makes a splash
Description:Â Â It’s no Facebook, LinkedIn (LNKD) or Zynga (ZNGA), but data analytics company Splunk (SPLK) is making a big splash on Wall Street. The San Francisco-based software provider officially went public Thursday morning, with a $229.5 million offering priced at $17 a share (well above its expected $11 to $13 range). The stock nearly doubled… Read more »
Annie’s IPO rakes in the cheddar
Description: Organic food company Annie’s makes its public debut and investors are salivating. But there are other organic options for the IPO averse. Source: CNNMoney.com – video report Date: 03/28/2012 Link: http://money.cnn.com/video/markets/2012/03/28/mkts-bz-annies-ipo.cnnmoney/ Questions for discussion: Do you think Annie’s represents too narrow a focus in this industry group? What are the risks for the group,… Read more »
Raining on Facebook’s IPO
Description: Fortune’s Allan Sloan says Facebook’s IPO is full of the same hypocrisy, hype and arrogance found in most Wall Street offerings. Source: CNNMoney.com – video report Date: 02/17/2012 Link: http://money.cnn.com/video/technology/2012/02/16/t_sloan_facebook_ipo.fortune/ Questions for discussion: Summarize the opinions presented by Allan Sloan. Do you agree with his views?
Zynga in same boat as other 2011 tech IPOs
Description: (MarketWatch) — As we expected, Zynga has so far not been a stock you wanted to buy on its first trading day, not if you were hoping to make a quick buck. Source: Marketwatch.com Date: 12/30/2011 Link: http://www.marketwatch.com/story/zynga-in-same-boat-as-other-2011-tech-ipos-2011-12-30?dist=beforebell Questions for discussion: Summarize the highlights that explain the stock price movements in this report. Do… Read more »
Google Backing Israel Entrepreneurs Amid Funding Gap
Description: The Google Inc. (GOOG) executive with his bright yellow vest was impossible to miss in the middle of the Israeli startup owners seeking cash in a rusty boathouse at Tel Aviv’s Jaffa port. Source: Bloomberg.com Date: 12/29/2011 Link: http://www.bloomberg.com/news/2011-12-29/google-backs-israeli-startups-as-local-financing-hits-12-year-low-tech.html Questions for discussion: Describe the way in which venture capital investors find Israeli start-ups. What… Read more »
UPDATE 3-Zynga IPO values company as high as $9.04 billion
Description:Â Zynga Inc, which plans to go public in two weeks, on Friday slashed its value by more than 30 percent to $9 billion, hoping to avoid the fate of other recent Internet IPOs that have disappointed after stock market debuts. Source:Â Reuters.com Date: 12/03/2011 Link:Â http://www.reuters.com/article/2011/12/02/zynga-idUSN1E7B107X20111202 Questions for discussion: Summarize the key points presented… Read more »
Yelp Eyes $2 Billion IPO
Description: Yelp, the online review website, has picked Goldman Sachs and Citigroup to lead an initial public offering that could value the company at up to $2 billion. Geoffrey Fowler has details on The News Hub. Source: Marketwatch.com – video report Date: 11/08/2011 Link: http://www.marketwatch.com/video/asset/yelp-eyes-2-billion-ipo/B968A023-4669-4165-B190-30611D4CEC97 Questions for discussion: Summarize the reasons presented for the IPO…. Read more »
Groupon: Investor Beware!
Description: In his On the Mark segment, Evan Newmark says Friday’s Groupon IPO should be waded through with caution by investors, because it is another example of Wall Street shenanigans. Source: Marketwatch.com – video report Date: 11/04/2011 Link: http://www.marketwatch.com/video/asset/groupon-investor-beware/5DE4D58B-F543-470C-880B-4F2183A8AE19 Questions for discussion: Summarize the reasons presented why investors should stay away from this stock. Do… Read more »
