Word: ipos
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...real world, Google has just finished moving its 1,300 employees into new headquarters in Mountain View, Calif., previously the offices of former Silicon Valley golden boy (and current Silicon Valley crater) Silicon Graphics. Early next year Google is expected to offer stock to the public, an IPO that should raise something like $2 billion in cash. That would make it the largest high-tech IPO ever. The company as a whole could be valued as high as $20 billion after the sale...
...INDICATORS A New Great Leap Forward Wall Street jumped at China's booming economy and made the IPO of China Life, the country's largest life insurer, the year's biggest debut at $3 billion...
WORLD BRIEFING A4 A movie IPO; Romanian cable-TV moguls; the Vespa's return; and more...
Here's the IPO pitch: invest in a company with no sales, an operating loss since inception and an idea for a product. It's not Silicon Valley calling--it's Tinseltown. Civilian Capital is selling shares of a movie, set to star Ethan Hawke, that starts filming next spring. Financing films through public partnerships is nothing new, but with Billy Dead (the movie's working title) Inc., the ante is much lower than normal. Shares are pegged at $8.75, with a 100-share minimum. The IPO, which is set to end Feb. 10, aims to raise $7.9 million...
Given the harsh reception that met its IPO, however, it seems unlikely that the facemash will “pull a Napster” and rise from its electronic grave. And perhaps that is for the best: As midterm season puts us at the mercy of our TFs on a daily basis, it’s starting to become apparent that we may already have enough arbitrary judgment in our lives. Being humiliated for “creative” choices in our short-essay answers is bad enough. Being humiliated for our “creative” Freshman...