Entries tagged “Ipo”
Insight June 30, 2011
After filing for an IPO in Februrary, 2011, streaming music company Pandora went public on June 15, 2011 with little fanfare. In contrast to LinkedIn which went public last month with a soaring valuation, Pandora’s valuation has been largely as expected. Off the heels of LinkedIn, this could be seen as disappointing.
Insight June 29, 2011
In recent years, the secondary market for stocks – a platform through which investors can buy and trade shares of private companies – has grown exponentially in size and use. This year, transactions on the online platforms of SharesPost and SecondMarket alone have totaled over $ 4.6 billion, and are projected to exceed $ 6.9 billion next year. This does not include the much larger volume of trading by traditional broker-dealers and financial advisers, or other online platforms.
Insight June 03, 2011
Recently, the San Francisco Board of Supervisors voted to give Twitter a 6 year break from the city’s 1.5% payroll tax – which also extends to stock options – to prevent them from leaving, losing their tax revenues, and to promote job creation in the city.
Insight May 27, 2011
Recently, LinkedIn went public. LinkedIn is a professional social networking website with over 100 million users, as both alternative and companion to market-dominant Facebook.