OpenX opens kimono to reveal financials – prepwork for an IPO?

February 14, 2012

It’s the season for getting a peek at private Internet companies’ financial results.

All about the Benjamins, or How Mark Zuckerberg cemented control of Facebook $100 at a time

February 8, 2012

One hundred dollars doesn’t go very far these days.

But for Facebook co-founder Mark Zuckerberg, a C-Note was the key to cementing his control over the social networking phenomenon.

from Paul Smalera:

Facebook.coop

February 2, 2012

Facebook shouldn't pay its users. Its users should pay to own Facebook.

“Facebook was not originally created to be a company,” founder Mark Zuckerberg wrote in his letter to investors announcing the IPO of his already hugely successful and profitable company. “It was built to accomplish a social mission — to make the world more open and connected.”

Corporate co-dependence: when good partnerships go bad

February 3, 2012

One of the biggest surprises in Facebook’s IPO filing was that it depended on game-maker Zynga  for 12 percent of its sales last year.

Facebook, is this the best you can do?

By Kevin Kelleher
February 2, 2012

In the world of Internet IPOs, it doesn’t get bigger than this: Facebook, the world’s biggest social network, files for the biggest ever Internet IPO! On first glance, everything about it seems outsize: The company’s raising $5 billion! It made $3.7 billion in revenue last year! And $1 billion in net income! Even the stated mission — “to make the world more open and connected” — is impossibly expansive. It’s all so expectedly huge it’s almost bland.

IPOverload: Facebook goes public

February 1, 2012

The least suspenseful waiting game in Silicon Valley is now over, thank heavens. Facebook, which began as a decidedly private Harvard hangout, has begun the process of going absolutely, totally, unabashedly public.

Lots of IPOs, just one Nasdaq bell

November 9, 2011

Nasdaq’s senior vice president of new listings and capital markets has some bad news for companies looking to hold an initial public offering: don’t expect to ring the opening bell.

The dreary details of Groupon’s future

By Kevin Kelleher
November 7, 2011

By Kevin Kelleher
The views expressed are his own.

Underwriting is usually a cheerless business. Taking a company public involves long regulatory filings, endless hours of due diligence and PowerPoint-driven roadshows. Investors need details, even if the details are dreary.

Seviche doesn’t love Groupon anymore

October 25, 2011

Groupon’s IPO roadshow pitch is revving into high-gear this week. But CEO Andrew Mason and the rest of the crew might want to first convince its own clients of the company’s benefits.

Is Zynga’s lead slipping on Facebook?

October 12, 2011

Electronic Arts, the second-largest video game company in the U.S., is stealing market share away from Zynga, the top dog in social games on Facebook, according to a new report on gaming behavior.