Reuters News
If Yelp is valued at $14 per share, Benchmark's shares would be worth $163M, Bessemer's would be worth $163M and Elevation's would be worth $118M.
Social networks get their big day in court--and a win--but a new test will emerge in the U.S., where anti-piracy proponents are regrouping after an embarrassing defeat.
Investors are certain to like Facebook's shares--but there is one advisor telling would-be buyers that the behemoth social network's shareholder structure also limits the responsibilities the board has to smaller stakeholders.
Some startups' corporate governance could earn them comparisons to North Korea, but that may not stop investors from diving in at IPO time.
With 85% of its $3.71B in revenue derived from advertising last year, Facebook realized it needed to strike a more cooperative tone with Madison Avenue before its IPO.
Facebook is the year's hottest IPO, but some wealth managers are finding it difficult recommending the company to clients.
(Reuters) – As it prepares for one of the biggest IPOs ever, Facebook is coming under the same fierce attacks being waged against other big technology companies: patent lawsuits. Last year, Facebook was named as a defendant in 22 lawsuits accusing it of patent infringement, double the number from 2010, according to a Reuters analysis […]
(Reuters) – Facebook’s initial public offering is likely to set a new standard for how low investment banks are willing to go on advisory fees to win big business. The world’s largest online social network is expected to tap public markets for $10 billion in the coming months in an offering that will value the […]
(Reuters) - Facebook plans to file documents as early as Wednesday for a highly anticipated IPO that will value the world's largest social network at between $75 billion and $100 billion, the Wall Street Journal cited unidentified sources as saying on Friday.
Morgan Stanley and Goldman Sachs are expected to lead what would be one of the largest initial public offerings in U.S. history, the Journal cited its sources as saying.
Facebook was not immediately available for comment.
The impending IPO -- expected to raise $10 billion -- is a prized trophy for investment banks, setting up a fierce competition on Wall Street, particularly between the presumed front-runners Morgan Stanley and Goldman Sachs.
(Reuters) - Amazon.com Inc shares fell to their lowest level since late March on Thursday on concern about sales growth during the online retailer's crucial fourth quarter.
Goldman Sachs analysts said in a note from Wednesday that Amazon has typically bested overall online sales growth by 23 points.
comScore reported earlier this week that online holiday spending in the U.S. rose 15 percent to a record $35 billion from November 1 to December 26, versus the comparable period last year.