19 May

Top 11 Funny Reactions To Facebook IPO

funny twitter reaction facebook ipo


Facebook’s first day as a public company was quite dramatic as it opened at $42.05 in the morning and closed at $38.23, only up by 23 cents, after Facebook fixed the offering price at $38 per share on Thursday night. The Facebook IPO was quite a popular topic on Twitter and other social networks. According to a study by Topsy, there were more than 4,00,000 tweets on Twitter about Facebook IPO in the last few days.

Check out 11 Funny Reactions from around the web To Facebook IPO:

funny twitter reaction facebook ipo

02 Feb

Top 14 Famous Tech & Internet IPO Before Facebook

facebook ipo

The much anticipated IPO(Initial Public Offering) of Facebook is expected to take place next week and Facebook is hoping to raise at least $5 billion. If it happens, it would be the largest IPO ever for an Internet company.
But before that, let’s take a look at the Top 14 Famous IPO ever for a Tech or Internet Company:

1) Apple(1980): Apple Inc, founded by Steve Jobs and Steve Wozniak in April 1976, went for its Initial Public Offering (IPO) 4 years later on December 12, 1980.
When Apple went public in 1980, it generated more capital than any other IPO since Ford Motor Company in 1956 & instantly created more millionaires (about 300) than any company in history.
Several venture capitalists cashed out , reaping millions and billions in long-term capital gains. Apple offered its share at $22 & made approx. $100 million on the first day. The market value of the company currently holds at $425.61 billion.

2) Microsoft(1986): Microsoft which was founded by Bill Gates and Paul Allen on April 4, 1975 went public on March 1986. It offered its shares with an opening price of $21 and after the trading day, the price closed at $27.75.
The demand for shares forced company to offer around 3 million shares instead of the initial 2.5 million. The founders Bill Gates and Paul Allen held 45 & 25 percent of shares respectively at that time. The company currently has a market value of $247.78 billion.

3) Yahoo(1996): Yahoo which was founded on March 1, 1995 offered 2.6 million shares at $13 per share in its IPO on April 1996.
The company was only 1 year old before they went for IPO. The price closed at $33 on the first day, which gave the company a market value of $848 million. The company raised $33.8 million in the IPO. Yahoo currently has a value of $19.19 billion.

4) Amazon(1997): Amazon, which founded by Jeff Bezos in 1994, went public on May 1997.
The company initially offered 3 million shares at price of $18 per share & made a market value of $54 million on the IPO.
The market value of Amazon currently holds at $88.42 billion.

5) Barnesandnoble(1999): Barnes & Noble, Inc. is the largest book retailer in the United States, operating mainly through its Barnes & Noble Booksellers chain of bookstores.
The company which was originated in 1873 went public on May 24, 1999 and raised $450 million.

6) Infonet Services Corp(1999): Infonet Services Corporation(now part of BT Group PLC), is a provider of value-added global communications services, including IP VPNs, to more than 2,500 multinational clients.
The company went public on Dec. 15, 1999, and raised $1.08 billion.

7) Google(2004): Google which was founded on September 4, 1998 went public 5 years later on August 19, 2004 and offered 19,605,052 shares at a price of $85 per share.
The company raised a total of $1.67 billion which estimated the market value of the company to be $23 billion on the first day.
The market value of the currently holds at $188.61 billion.

8 ) Orbitz Worldwide Inc(2007): Orbitz Worldwide, Inc. is an Internet travel company headquartered in the Chicago.
The company went public on July 19, 2007 and raised $510 million.

9) Giant Interactive Group Inc(2007): The company is a leading online game developer & operator in China.
The company went public on Oct. 31, 2007, and raised $887 million.

10) Shanda Games Limited(2009): Shanda Games Limited is a leading online game developer, operator & publisher in China.
The company went public on Sept. 24, 2009 and raised $1.04 billion.

11) Renren(2011): Renren is China’s Facebook.
The company went public on May 3, 2011, and raised $743 million.

12) Yandex(2011): Yandex is a Russian IT company which operates the largest search engine in Russia with 64% market share in that country & also develops a number of Internet-based services & products.
Yandex ranked as the 5th largest search engine worldwide with more than 3 billion searches, or 1.7% of global search as of September 2011. The company went public on May 23, 2011 and raised $1.3 billion.

13) Groupon(2011): Groupon is a deal-of-the-day website that features discounted gift certificates usable at local or national companies.
The company was founded by Andrew Mason in 2008 and went public three years later on Nov. 3, 2011, and raised $700 million.

14) Zynga(2011): The latest addition to the IPO list is of Zynga. Zynga is a social network game developer located in San Francisco, United States.
The company was founded by Mark Pincus in 2007 went public four years later on Dec. 15, 2011,and raised $1 billion. In its IPO, the company offered shares at $10 per share. On the first day of its IPO the company traded as high as $11.50 per share but closed down 5% from its initial offering price at $9.50 per share for the day.

Source: Wikipedia, SiliconIndia & Renaissance Capital.

04 Nov

Groupon IPO values company at $ 12.65 Billion

groupon ipo

The group buying site Groupon Inc raised $700 million after increasing the size of its IPO.
The daily deals site company is now valued at $ 12.65 billion after increasing the offering to 35 million shares from 5 million shares and increasing the price of the share to $ 20 each from initial price range of $16 to $18.

This is the second largest IPO by an Internet company after Google raised $ 1.7 billion in 2004.

Groupon is a three year old company which sells discount coupons on services like spa treatments, gym, nose jobs, etc.

LinkedIn went public in May this year with a market value of $4.3 billion & was worth $8.4 billion at the end of trading Thursday.
Groupon Inc is expected to make its trading debut on the Nasdaq Stock Market under the symbol “GRPN” on Friday. Let’s see how market will react to Groupon shares.

“This is not Facebook where they can do no wrong,” said longtime IPO analyst Scott Sweet, the owner of IPO Boutique. He called Groupon IPO an “accident waiting to happen.”