Reuters News
Perhaps Morgan Stanley analysts didn't "Like" Facebook as much as the company, and overzealous buyers, might have hoped.
(Reuters) - President Barack Obama's re-election campaign on Monday stepped up its criticism of Mitt Romney for cutting jobs when he was a business executive, despite a warning from a leading Obama supporter that the attacks have gone too far.
Kleiner Perkins Caufield & Byers said it had raised a $525 million fund, less than its previous comparable fund of $650 million, reflecting a school of thought in Silicon Valley that smaller venture-capital funds often outperform large ones. The fund also has a majority of partners who focus on technology rather than green investments and […]
Today, Facebook will make its debut on public markets--trading at more than 100x historical earnings.
(Reuters) - Facebook Inc. priced its initial public offering at $38 a share, giving the world's No. 1 online social network a $104 billion valuation in the third largest offering in U.S. history.
GM could be an outlier--advertising pros say--but they're not quite sold on Facebook's clout, either.
Photo-sharing site Pinterest raises a mega-round--and, at a valuation that already puts it well past Instagram's deal value.
With the opening of the IPO window for Facebook, rational decision-making is being tossed out the adjacent window by some investors. And it could make for mega Day-1-pop.
A boldface name deals Facebook an embarrassing blow on the eve of its IPO.
VC firms that backed Groupon are getting great news Tuesday--a big pop for the daily deal site's stock, on better-than-expected Q1 numbers.