Initial Public Offering
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Zynga's big IPO winners
CNN Money &bull Dec 15, 2011
Zynga this evening raised around $1 billion in its IPO, by pricing 100 million shares at $10 per share. That puts a whopping $7 billion valuation on the social gaming giant (of $8.9 billion, if you include unexercised options and… Full Story »
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Wall Street analysts calculate whether Zynga is worth $8.9B
Venture Beat &bull Dec 14, 2011
Zynga is about to begin trading as a public company on Thursday, but the value of the company is up for debate, based on reports from some well-known Wall Street analysts and other financial experts. The San Francisco-based social gaming company is planning to raise about $850 million to $1.15 billion at a price of $8.50 to $10 a share, giving the company an expected valuation of $7.6 billion to $8.9 billion. Zynga, whose history we chronicled in a 25,000-word story on Monday, has argued that the social gaming revolution has just begun and that the $9 billion virtual goods… Full Story »
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BTIG: Here's Why You Should Buy Into The Biggest Tech IPO Since Google
Silicon Alley Insider &bull Dec 14, 2011
Despite concerns over Zynga's growth among players, it's still a safe bet when it makes its trading debut later this week, says BTIG analyst Rich Greenfield. Greenfield recommends that investors buy Zynga between $8.50 and $10 a share - which is the price… Full Story »
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Kabbage secures $12M in debt financing
Biz Journals &bull Dec 14, 2011
Online financial services provider, Kabbage Inc., has obtained $12 million in debt financing from Western Technology Investment (WTI), a private investment firm based in Silicon Valley. Kabbage uses analytics and transaction data to measure risk and make cash advances to online sellers.… Full Story »
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Nexon shares fall in first day of trading: not good for Zynga
Venture Beat &bull Dec 14, 2011
Online game company Nexon saw its shares fall in its first day of trading on the Tokyo Stock Exchang following its $1.2 billion initial public offering. Nexon sold more than 70 million shares. It closed at 1,270 yen, or $16.31… Full Story »
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Ind-Barath Power In Talks For $150M PE Funding
VC Circle &bull Dec 14, 2011
India's Ind-Barath Power Infra Ltd, a power infrastructure developer, is in talks to raise about $150 million from TPG Capital and Apollo Global Management, two sources with direct knowledge of the discussions told Reuters. The company is talking to the private-equity companies after… Full Story »
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Silver Spring Networks raising $30M, despite planned IPO
GigaOm &bull Dec 14, 2011
Smart grid company Silver Spring Networks is raising a $30 million round of debt and options, according to a filing. The company, which filed to go public this summer, has closed $24 million of that planned round and is looking… Full Story »
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Online gaming giant Nexon set to go public in $1.17B IPO
Venture Beat &bull Dec 13, 2011
Online gaming firm Nexon is set to go public today on the Japanese stock market, raising about $1.17 billion in a move that will call a lot of attention to the virtual goods and online gaming markets. The company's online gaming business has grown fast in Asia over the past decade and it has become a worldwide business built on the free-to-play business model, where users play for free and pay real money for virtual goods in small transactions. Nexon pioneered the model that Zynga is using to make its own play for an IPO… Full Story »
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Dunkin' Brands private equity investors sell $547M in stock
Biz Journals &bull Dec 13, 2011
Boston Business Journal by Julie M. The three largest investors in Dunkin' BrandsDunkin' BrandsLatest from The Business JournalsFranchisee opening two Dunkin' Donuts locations hereTwo Bain Capital partners get an early holiday gift from Dunkin'Dunkin' Donuts reports Q3 sales up; income downFollow this company Group Inc. (Nasdaq: DNKN) have recently unloaded… Full Story »
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22 Incredible Images That Show Why Pinterest Gets 1 Billion Monthly Pageviews
Silicon Alley Insider &bull Dec 13, 2011
Pinterest is a virtual pin board; users can tag photos they find inspiring and save them for later. It's a collage that can be shared among the community. Even though it has yet to make a dime, the startup was… Full Story »
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Jive Rises In IPO
Northwest Innovation &bull Dec 13, 2011Jive Software, the maker of social networking software for businesses which started in Portland, had a great debut on the NASDAQ Global Market this morning, trading as high as $16.50 in morning trading. The firm priced at $12.00 last night,… Full Story »
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Highland Capital to spin off mutual fund arm
Biz Journals &bull Dec 13, 2011
Highland CapitalHighland CapitalLatest from The Business JournalsPeople on the MoveWaiting for the IPO window: A dozen companies remain in registration, hoping to avoid a withdrawalJ.McLaughlin, preppy retailer, sold to equity fundsFollow this company Management LP, a Dallas investment shop, plans… Full Story »
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Meet The Most Powerful People Behind The Largest Tech IPO Since Google
Silicon Alley Insider &bull Dec 13, 2011
Zynga is one of the most anticipated IPOs of 2011. It's looking to raise up to $1.15 billion in its initial public offering and will debut later this week - making it the largest tech IPO since Google debuted in… Full Story »
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Jive Software's Shares Pop 27 Percent On First Trade; Valued At Over $800 Million
TechCrunch &bull Dec 13, 2011
Leena Rao currently works as a writer for TechCrunch. She recently finished graduate school at the Medill School of Journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007, she helped lead Congresswoman Carloyn Maloneyas… Full Story »
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Silicon Valley Bigwigs Say What They Really Think About Mark Pincus (ZNGA)
Silicon Alley Insider &bull Dec 13, 2011
Bloomberg Television aired a mini-profile of Zynga head Mark Pincus last night to take a look at the guy who's spearheading the largest Internet IPO since Google. They call attention to his talent for predicting trends (he was an early… Full Story »
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Here's The Stunning Fact That Could Derail The Biggest Tech IPO Since Google
Silicon Alley Insider &bull Dec 13, 2011
Sterne Agee set a price target of $7 for Zynga after its IPO later this week, which would value the company $4.9 billion, citing declining growth in daily active users for its newest games. CityVille, Zynga's most popular title currently,… Full Story »
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Gowalla Went For $3M In Facebook Shares, And Many Investors Were Cool With That
TechCrunch &bull Dec 13, 2011
What the headline says, basically, according to two sources. That and multiple sources are telling me that a majority of Gowalla investors were cool with the deal being entirely in Facebook shares, because those are likely to be more profitable… Full Story »
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Jive Software raises $161M in its IPO at $12 a share, begins trading tomorrow
Venture Beat &bull Dec 13, 2011
Enterprise social networking company Jive Software priced shares of its initial public offering at $12 a share and sold them to raise $161.3 million on Monday. Trading begins tomorrow for the company's stock on the Nasdaq exchange under the symbol… Full Story »
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Jive Upsizes IPO and Prices Above Range
Private Equity Hub &bull Dec 13, 2011
(Reuters) - Jive Software Inc. priced its initial public offering at $12 per share, above its expected price range of between $8 and $10 per share, according to an underwriter. Shares of the Palo-Alto, Calif.-based company, backed by venture capital… Full Story »
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Jive Prices IPO
Northwest Innovation &bull Dec 13, 2011Jive Software, the developer of social networking software for business which has its roots in Portland, has priced its IPO at $12.00 per share, above its initial, $8 to $10 per share range. Jive Software will start trading Tuesday on… Full Story »
