Reuters News
Facebook‘s earliest venture-capital backers will have reason to celebrate on Friday when the social network is set to debut on Nasdaq at as much as $100 billion, writes Reuters. Some of those early investors include Kevin Efrusy of Accel Partners, Chi-Hua Chien of Kleiner Perkins and Matt Cohler of Benchmark Partners. Reuters – Facebook’s earliest […]
Viddy, the popular mobile video start-up, raises $30 million in funding.
Despite concerns about slowing growth, a lofty valuation and signs the company is having trouble ramping up revenue from mobile advertising, institutional investors have so far indicated demand for more shares than Facebook has available, the source told Reuters.
"Facebook is obviously the most anticipated IPO in history and once that IPO comes out, I'm sure we'll see several companies look to take advantage of that market," says Bruce Aust, EVP of Nasdaq's Global Corporate Client Group
Already, the 2013 IPO pipeline is heating up, Reuters reports, with Box.net eyeing an IPO.
The Facebook hype-buffet continues, and roadshow investors must have been pleased with the entree this afternoon: Mark Zuckerberg himself, Monday in New York City.
Angry Birds has taken flight--and, now, it might bring Rovio public soon.
The 8-year-old social network that began as Mark Zuckerberg's Harvard dorm room project indicated an IPO price range of $28 to $35 a share on Thursday, which would value the company at $77 billion to $96 billion.
Facebook's IPO is set to price--and, at a valuation that might disappoint some of the buyers of its pre-IPO stock.
The roadshow for Facebook Inc.'s initial public offering is scheduled to start on Monday, meaning the company's shares should begin trading on May 18, a source familiar with the process said on Tuesday.