GoPro wants to become the first media company that only distributes media shot with its own cameras. But it doesn’t expect to make a lot of money with all that media any time soon.
In an interview with Facebook COO Sheryl Sandberg and venture capitalist Marc Andreessen, PBS journalist Charlie Rose asked about the state of tech IPOs, Facebook advertising and the keys to successful tech companies.
Facebook on Wednesday updated its S-1 document to the Securities and Exchange commission for its planned initial public offering, and it’s a veritable data dump of new information about the social networking company. We dug through it so you don’t have to.
It’s the last full week before everyone essentially checks out until January, which means a lot of us are scrambling to get things done. For a number of companies, an IPO is an item on this year’s pre-Christmas to-do list, including Jive Software, Zynga and others.
Trulia, the San Francisco-based real estate search company, has added two new executives with public company experience as it moves toward an initial public offering of its own. Trulia has named former PayPal exec Sean Aggarwal as its first-ever CFO, and Scott Darling as general counsel.
Facebook is said to be making concrete steps toward its planned initial public offering, talking to bankers and getting regulatory filings in order for a spring 2012 IPO, according to the Wall Street Journal. This news is in line with previous reports about Facebook’s IPO plans.
Gilt Groupe, the designer flash sales website, is reportedly set to start prepping an IPO next year. But as more consumer and retail companies get savvy to the web and mobile worlds, should IPOs of companies like Gilt and Groupon really be considered tech industry stories?
Six of Yelp’s top executives and investors cashed out $36.8 million worth of company stock during Yelp’s Series E funding round in early 2010, according to the company’s IPO filing, with CEO Jeremy Stoppelman and board chairman Max Levchin each selling some $15 million of stock.
Yelp, the San Francisco-based local reviews website, has filed official documents to raise up to $100 million in an IPO of its stock. The filing reveals that Yelp pulls in solid top line sales, but has yet to turn a profit at the bottom line.
It’s confirmed: Groupon has set the final price for its impending initial public offering on Friday at $20 per share, giving the company a total market capitalization of $12.6 billion. That’s higher than the Chicago-based daily deal website’s previous planned share price of $16 to $18.