Facebook Fesses Up to Its Achilles Heel
In the sixth update to its S-1 filing so far, Facebook admitted in unambiguous terms on Wednesday that it's in trouble on the mobile front and not quite sure what to do about it.
The road to Facebook's IPO didn't get any smoother Thursday, when The Financial Times' April Dembowsky reported an impending Federal Trade Commission investigation into the company's Instagram purchase.
In the sixth update to its S-1 filing so far, Facebook admitted in unambiguous terms on Wednesday that it's in trouble on the mobile front and not quite sure what to do about it.
Based on accounts we've seen, the first stop on Facebook's IPO roadshow was a hectic event.
Just a few days before their IPO roadshow is set to kick off, Facebook has released a half-hour long video love letter to would-be investors.
Investors gritted their teeth on Thursday afternoon when The Wall Street Journal reported that Facebook will set its initial public offering in the high-$20 to mid-$30 range, putting the social network at a $85 to $95 billion valuation.
It's another week, and another 25 banks have joined the Facebook's initial public offering party, bringing the grand total of financial backers to 31.
After Facebook's initial public offering paper revealed that Zynga accounts for 12 percent of the social network's revenue, ZNGA has been on quite a bull run up at NASDAQ.
The latest Facebook initial public offering-related scoop comes from Reuters, which cites a single unnamed source saying that the social network will file for a $5 billion IPO on Wednesday.
The specifics of Facebook's massive initial public offering are starting to trickle out of sources in the know, and while the details are more specific than anything we've seen before, many questions still remain.
As Zynga gears up for its $925 million initial public offering on December, the wave of mini-profiles on the company's hyper competitive, hard-nosed founder Mark Pincus are a little less than flattering.
As far as initial public offering speculation goes, Facebook is the new Groupon, and we should expect a blizzard of blog posts pretending to know the social network's Wall Street dreams this winter.
The social media parade towards Wall Street continued on Thursday with Yelp filing its S-1 form for a $100 million initial public offering.
As Groupon's gearing up for it's long-awaited initial public offering on Friday, Business Insider editor Henry Blodget explains why Goldman Sachs is promoting the notion that it's "oversubscribed."
Groupon's finally taking its IPO on the road, but is seeking a much more modest valuation than initially anticipated.
Groupon is having a hell of a time trying to go public. After a banner initial valuation of $30 billion, it lost about two thirds of that over the summer and fall while going through management shakeups.
The company's IPO is back on for October, maybe
Kayak is the latest company that doesn't want to go public in this market
The back and forth about Facebook and Groupon going public is getting old
The social media company isn't scared of the teetering economy, it just doesn't want to go public
The social gaming company is opening itself up to scrutiny with it's massive IPO
The amount of money raised could be beat Google's record setting IPO in 2004
Have a story we missed? A link we have to click? A sharp opinion about the news? Instead of waiting for us to post it, tell us on the Open Wire.
Submit your news and ideas | See all reader posts