Posts Tagged with ‘initial-public-offering’

Update: NetSuite goes live on the NYSE today (Thurs Dec 20) with a raised price of $26 per share.
An IPO’s a-comin’! And the technological debutante having its public market premiere is none other than NetSuite.
Yes, the maker of software-by-subscription for a range of needs, including accounting, CRM (customer relationship management), and e-commerce, NetSuite is celebrating almost 10 years in business by tossing some stocks out to investors the world over – Dutch auction style. The New York Times [...]

In late November, we shared with you some information about Classmates.com concerning the company’s then-stated intentions to be the first social Web construct to file an IPO.
Well, you can forget everything we said back then, ‘cause…uh…they changed their minds. Yes, apparently they’re not going through with it. We know, we know, quite a surprise. It would’ve been a pretty momentous spectacle, eh? Ah well, the buzz was fun while it lasted.
Wait, you’re thinking. What buzz? And “momentous spectacle?” Come [...]

What is the name of the social network slated to be put first to the open markets?
That question has been dogging pundits and investors alike for quite some time. And now we’ve got an answer: Classmates.com.
Yes, Classmates.com. One of the few social networks so fortunate to be born of the Friendster era. The place marketed as the salvage yard for connections lost (and connections never had) among alumni of both elementary schools and collegiate environs. The website that [...]

The latest issue of Newsweek features an interview by Steven Levy with LinkedIn CEO Dan Nye . Apart from being a standard Q&A, filled with talk about the meaning and status of the company, it shed some light on a question many have asked the heads of various online social networking institutions in weeks past. The question being: Sale or IPO?
If you wish to know Nye’s answer to the question (which came thanks Levy’s persistence on the subject), it’s [...]