Mostrando entradas con la etiqueta Linkedin. Mostrar todas las entradas
Mostrando entradas con la etiqueta Linkedin. Mostrar todas las entradas

miércoles, 13 de julio de 2011

Are We In A Tech Bubble? Here’s The History [INFOGRAPHIC]

We’ve spent the past year wondering whether we’re currently in a tech bubble akin to the last decade’s dotcom boom.

Mashable has offered facts and opinions on both sides of the question. We’ve heard that the current boom is much different from the heyday of the late 1990s and that we have cause for confidence.

But we’ve also heard (from the likes of legendary investor Warren Buffet, no less) that the newest crop of tech darlings are highly overvalued at worst and unpredictable at best.

And we’ve even asked you, our readers, what you thought about current startup valuations and funding amounts. (Most of you responded that you were not optimistic about the future of the tech startup ecosystem.)

Now here are a few straightforward graphs and charts (created by KISSmetrics and FeeFighters) to help you get some better perspective on the issue. Clearly, the dotcom era was a different beast. But looking back on that insanity should help temper our excitement about new technologies with realistic revenue expectations.


Top image courtesy of iStockphoto, patrickheagney

lunes, 4 de julio de 2011

How This Year’s Tech IPOs Are Doing, And Who’s Next

Leena Rao

Bubble or not, 2011 may go down as the year of the tech IPO. Not since the last bubble have we seen so many technology companies clamoring to go public. And halfway through the year, we still have many more companies who will be listing on either the NASDAQ or the NYSE in the next six months. Here’s a roundup of the tech companies that have gone public, where they are trading now, and who we can expect to see ringing the bell next.

LINKEDIN (NYSE:LNKD)

Professional social network LinkedIn probably had the biggest IPO in terms of hype this year because it was one of the first big social media companies to go public. After pricing its IPOat $45 per share on the New York Stock Exchange, LinkedIn began trading at $83.00 per share on May 19, giving the company a $7.8 billion market cap. In the first day of trading, shares popped up to as high as $122.70, soaring past a $10 billion valuation.

But these high stock prices didn’t sustain and LinkedIn’s value per share dropped significantly over the next month, dropping as low as $63.71 per share. However, the company’s stock rebounded last week, with shares rising as high as $95.50 on Friday, eventually closing at $94.54. That’s a 110 percent increase from its initial pricing.

PANDORA (NYSE:P)

Similar to LinkedIn, music streaming service Pandora also drew considerable attention to its IPO, which debuted on the New York Stock Exchange under the desirable, single character symbol ‘P.’ The company priced its IPO at $16 per share (valuing the company at $2.6 billion), but opened at $20 per share on June 15 (up 25 percent), valuing the company at $3.2 billion.

In the two weeks following the IPO, Pandora’s stock took a bit of a dive, reaching as low as $12.16 per share. But like LinkedIn, Pandora’s shares saw an uptick over the past week, closing at $20.04 on Friday, which is up 25 percent from the company’s initial pricing in June.

YANDEX (NASDAQ:YNDX)

Russian search engine Yandex, which began trading on the NASDAQ on May 24, priced its IPOat $25 per share, but opened at $35, giving Yandex a market cap of roughly $11.2 billion.That’s a bigger market cap than both LinkedIn and Pandora.

Yandex has experienced highs and lows in the past month with the value of its stock, but the fluctuations have not been nearly as extreme as some of its contemporaries in the tech IPO market. Yandex’s stock dipped to a low of $29.73 in mid-June but rebounded quickly and closed on Friday at $35.69, which is a 40 percent increase from its initial pricing.

FUSION-IO (NYSE:FIO)

Fusion-io, the developer of flash- memory technology for companies, debuted on the New York Stock Exchange on June 9. The company priced its IPO at $19 per share, valuing Fusion-io at $1.5 billion, but opened at $25 per share, giving the company a nearly $2 billion market cap.

Fusion-io’s stock has performed fairly well over the past month, reaching a high of $36.32 last week. The company’s shares closed at $31.19 on Friday, up 64 percent from its initial pricing.

HOMEAWAY (NASDAQ:AWAY)

Vacation home rental service HomeAway debuted its IPO last week, pricing at $27 per share.HomeAway, which listed on the NASDAQ, saw its shares pop over 30 percent in initial trading last Wednesday, giving the rental service as valuation of $3 billion.

HomeAway’s shares have maintained its value, relatively speaking, in its first week of trading, reaching a low of $34.92 and a high of $42.30. On Friday, HomeAway’s shares closed at $38.42, a 42 percent increase from the stock’s pricing.

RENREN (NYSE:RENN)

Chinese social network Renren actually went public before LinkedIn, pricing its IPO in early Mayat $14 per share, with a total offering size of $743.4 million. The company was pitching itself as a “Facebook” like site for the Chinese market, which resulted in an increase in the share price range from the initial $9-$11 to $12-$14. That increase resulted in a boost in the deal size to $743.4 million from the original price of $584 million.

RenRen opened at $18 per share, but the stock has since plummeted to as low as $6.23 per share. On Friday, RenRen closed at $9.25 per share, which is a 34 percent drop in value from the initial pricing.

BANKRATE (NYSE:RATE)

Bankrate provides free rate information to consumers on more than 300 financial products, including mortgages, credit cards, new and used automobile loans, and more. The company priced its IPO at $15 per share, valuing the company at $1.5 billion. The company’s shares, which began trading in mid-June, have remained fairly steady at this price, reaching a high of $17.89. Bankrate closed at $17.13 per share on Friday, up 13 percent.

Who’s Next Up To IPO

Zillow: Real estate listings giant Zillow filed its S-1 in April, so we could be seeing the company hit the public markets in the next two months. Zillow wants to raise $51.75 million in the offering, and while revenue has grown for the company year over year, Zillow has taked a loss for the past three years. Zillow will trade on the NASDAQ under the symbol “Z.”

Kayak: Travel search engine Kayak filed its S-1 last November, aiming to raise $50 million. No word on when the search engine is planning to IPO, but Kayak did reveal revenue growth in the past year, however net income is down. The company will trade on the NASDAQ under the symbol “KYAK.”

Groupon: Daily deals giant Groupon just filed its S-1 in June, aiming to raise $750 million in the public offering. Though the company has an impressive revenue run rate of $2.6 billion for 2011, but has drawn criticism for a lack of profits and the fact that the founders have taken a significant amount of money off the table. The company is looking at an IPO in the Fall.

Zynga: Zynga just filed for its $1 billion IPO this past Friday, revealing impressive financials. Revenues grew 392 percent in 2010, up from $121.5 million in 2009. In the first quarter of 2011 alone, the company’s revenues reached $235 million (or a $940 million revenue run-rate), which is up 134 percent from the first quarter of 2010. Both Zynga and Groupon may be rushing to IPO ahead of Facebook, which is expected to file in the coming year.

Not Yet Filed, But Champing At The Bit:

Facebook: We know an IPO is in the works for Facebook, it’s just a matter of when. The company has been meeting with bankers to discuss IPO size and time frame for an offering. And the company just added Netflix founder and CEO (and an IPO veteran) Reed Hastings to its board. It’s been thought that the social network will go public by April 2012, but it could happen before this date.

Glam Media: We’ve heard Glam Media, one of the largest publishing and advertising networks on the Web, is planning to file for an IPO as early as this Fall. The company has hit $100 million in annual revenue, reaches 90 million people a month in the U.S., and is in the process of hiring bankers to lead its offering.

Yelp: Online reviews and daily deals giant Yelp has its sights set on an IPO, but the timeline is unclear. Yelp is now at 50 million unique visitors per month, mostly in the U.S., and has raised $56 million in funding.

Disclosure: My husband is an employee of Groupon.

http://techcrunch.com/2011/07/04/tech-ipos/

martes, 28 de junio de 2011

Zynga busca recaudar 2,000 mdd - Negocios - CNNExpansion.com

La Oferta Pública Inicial fija para la firma de juegos un valor de entre 1,500 y 2,000 mdd; la creadora de FarmVille entregaría la documentación a reguladores el miércoles.


Zynga también ha mantenido conversaciones con los bancos por una línea de crédito de al menos 1,000 millones de dólares, según la cadena CNBC. (Foto: Especial)
Zynga también ha mantenido conversaciones con los bancos
por una línea de crédito de al menos 1,000 millones de
dólares, según la cadena CNBC. (Foto: Especial)

NUEVA YORK (Reuters) — La compañía de juegos en Internet Zynga planea recaudar entre 1,500 y 2,000 millones de dólares en una Oferta Pública Inicial (OPI) y podría presentar el miércoles la documentación necesaria a reguladores de Estados Unidos, dijo una fuente familiarizada con el tema.

Zynga sólo pondría en Bolsa una pequeña parte de sus acciones, y la OPI establecería para la compañía un valor estimado entre 15,000 y 20,000 millones de dólares, dijo la fuente este martes.

Zynga es la empresa que está detrás de una serie de juegos populares en Facebook como FarmVille y Mafia Wars, y tiene más de 215 millones de usuarios activos mensuales, según su sitio en Internet.

Morgan Stanley lideraría a los suscriptores de la OPI, acompañado por Goldman Sachs, Bank of America Merrill Lynch, Barclays y JPMorgan también, dijo la fuente.

La fuente pidió no ser identificada porque la información no es pública. Los bancos y Zynga se negaron a realizar comentarios.

Zynga también ha mantenido conversaciones con los bancos por una línea de crédito de al menos 1,000 millones de dólares, según la cadena CNBC, que reportó la noticia.

Su salida a Bolsa convertiría a la compañía en la última de una serie de empresas de medios de comunicación social que han aprovechado una recuperación de los mercados bursátiles.

Zynga seguiría a LinkedIn Corp y a la china Renren Inc, que fueron las primeras compañías de medios sociales en poner a prueba los mercados bursátiles en mayo.

Al día de hoy, las acciones de LinkedIn superan el precio de la OPI, pero están por debajo de sus máximos, mientras que las de Renren han perdido casi la mitad de su valor desde el lanzamiento de la oferta pública.

Algunos inversores ya esperan que la OPI de Zynga supere a la de LinkedIn por su constante flujo de ingresos.

jueves, 19 de mayo de 2011

LinkedIn's Road to IPO [INFOGRAPHIC]

Professional networking site LinkedIn had its initial public offering Thursday, with shares of the company debuting on the New York Stock Exchange under the ticker symbol LNKD.

Shares were initially offered at $45, but skyrocketed to as high as $92.99 in early trading.

LinkedIn founder Reid Hoffman’s stake was estimated to to be worth as much as $855 million at the $45 share price. However, he will now be a billionaire on paper if shares stay at their current levels.

Here’s an overview of LinkedIn’s history and current standing — including who owns just how much of it.

Did you — or will you — buy LinkedIn stock today?

LinkedIn debuta al ‘doble’ en la Bolsa - Negocios - CNNExpansion.com

LinkedIn vendió el miércoles pasado al público acciones por 352.8 millones de dólares. (Foto: Reuters)
LinkedIn vendió el miércoles pasado al público
acciones por 352.8 millones de dólares.
(Foto: Reuters)

"NUEVA YORK (Reuters) — Las acciones de la red social para profesionales LinkedIn debutaron este jueves en Wall Street con un salto mayor al 80% en su precio, en una reminiscencia del romance que los inversionistas mantuvieron con las firmas de Internet una década atrás.
Los títulos subieron a 88.7 dólares en las primeras operaciones de este jueves en la Bolsa de Valores de Nueva York, 97% por encima del precio de la Oferta Pública Inicial de 45 dólares.

A las 1424 GMT suben 86.8% a 83.64 dólares.

LinkedIn vendió el miércoles pasado al público acciones por 352.8 millones de dólares, aumentó el rango estimado de precio de su oferta pública inicial 30% el martes pasado, a 42-45 dólares por acción.

Al precio de la oferta pública inicial de 45 dólares, la compañía posee un valor de mercado de 4,250 millones de dólares. Sus acciones comenzarían a cotizar en la Bolsa de Valores de Nueva York este jueves bajo el símbolo 'LNKD'."