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IPO

Facebook files for biggest Internet IPO in history at $5 billion

February 1st, 2012

Facebook on Wednesday formally filed documents with the U.S. Securities and Exchange Commission in its first step toward an upcoming initial public offering. Facebook said it is looking to raise $5 billion with its IPO, which has been eagerly anticipated by the Street and by investors. Morgan Stanley, JPMorgan Chase, Goldman Sachs and others will underwrite …

Facebook reportedly plans IPO filing for Wednesday

January 27th, 2012

Facebook plans to file for its initial public offering as soon as Wednesday next week according to multiple reports from Dow Jones Newswires. Morgan Stanley is expected to win the deal to lead the highly anticipated IPO, and Goldman Sachs is also reportedly expected to play a role. According to Dow Jones Newswires, Facebook is …

Farmville creator Zynga files for $1 billion IPO

July 1st, 2011

Zynga, the popular gaming company behind hits such as Farmville — and the owner of other smash titles such as Words with Friends on Android and iPhone — has filed for an initial public offering (IPO), The New York Times reported on Friday. It currently has a $20 billion valuation and has plans to offer …

Facebook’s possible Q1 2012 IPO could be worth more than $100 billion

June 13th, 2011

According to CNBC, Facebook may go public during the first quarter of next year, and sources expect the company could be valued at more than $100 billion. Facebook could find an IPO more attractive once it surpasses a total of 500 investors, because after that milestone it will be required to file financial information with …

Groupon files for $750 million IPO

June 2nd, 2011

On Thursday, Groupon — the popular location-based coupon service — filed for an initial public offering with the Securities and Exchange Commission. The start-up, which alerts 83 million email subscribers in 43 different countries of local deals that range from restaurant discounts to sailing lessons, hopes to raise $750 million in its IPO. “Expect us …

Angry Birds creator Rovio sets 2-3 year goal for IPO

May 18th, 2011

Rovio Mobile, the firm behind the hit game Angry Birds, has set a goal to seek an initial public offering (IPO) sometime during the next 2-3 years, Reuters is reporting. The firm raised $42 million in Series A funding earlier this year, and its Angry Birds franchise has spread across multiple platforms including Android, iOS, …

Facebook and Google eyeing Skype joint venture, possible purchase

May 5th, 2011

Facebook and Google are in separate talks to enter joint ventures with Skype, Reuters reported on Thursday. Facebook’s CEO Mark Zuckerberg has also reportedly been in clandestine meetings discussing an all-out purchase of the VoIP service. Skype’s IPO, which is expected to occur later this year, could be worth $1 billion, however, deals with Facebook …

Angry Birds developer Rovio sets sights on New York IPO

March 18th, 2011

It may soon be possible for you to own your own slice of the Angry Birds empire. Days after announcing $42 million in Series A funding, Rovio’s board chairman has expressed interest in seeking an initial public offering in the United States, according to statements made to Finnish business magazine Talouselama. “The plan is to …

Modu cancels IPO, braces for layoffs

November 18th, 2010

From the brink of an IPO to the brink of mass layoffs, Modu appears to be in deep trouble. The Israel-based company, known for building very tiny, very quirky phones, has turned its back on a recent IPO attempt. According to Israeli financial paper Calcalist, there was simply no interest in the company. Instead, CEO …