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Tag: Facebook IPO

  • Facebook IPO: Facebook Will Reportedly List As FB On NASDAQ

    Word is that Facebook is shooting for a $5 billion IPO in May, and now we know which exchange host it.

    The New York Times is reporting, citing “people with knowledge of the matter,” that Facebook has chosen NASDAQ for its IPO, and will ist under the ticker symbol FB. According to the report, Facebook has already notified the exchanges.

    CNBC appears to confirm the news separately:

    @CNBC
    CNBC    Breaking: Facebook to list on the @Nasdaq. 29 minutes ago via TweetDeck ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

    Groupon, whose stock just hit an all-time low, also trades on the NASDAQ as does long-time Facebook partner Zynga, and other major tech companies like Google, Apple, Microsoft, Amazon, Intel and Yahoo. Other recent high profile IPOs like Yelp, Pandora and LinkedIn have gone to the NYSE.

    Watch our recent interviews with analysts about the implications of the IPO:

  • Facebook: High Asking Price For Log-Out Ads

    Facebook: High Asking Price For Log-Out Ads

    Facebook has announced new log-out ads on their social platform that are sure to hit heavy with consumers as nearly 37 million users log-off the service daily in the US alone. No doubt these are highly sought-after advertising spaces, unfortunately the spaces sell for titanic amounts of cash. Apparently a day’s worth of ads will cost you somewhere in the neighborhood of $750,000.

    Wow! That hurts, who can afford this space? Well, so far Ford can, Titanic 3D can, and also Bing, who was the first to capitalize on the availability of the space. It sure seems like a great idea to me, but I don’t ever log-out of Facebook, so I guess I won’t get to see ’em.

    I’ll bet these things are going to be a big hit, but I wish we could ask what kind of traffic the ads generated on the advertisers sites after the spots showed. I don’t know if the advertisers would even have that data on hand yet, but lets see what people think of ’em so far:

    @LouisGudema
    Louis Gudema    $700,000/day for Facebook log-out ads??? Who ever logs out of Facebook? http://t.co/eXcjsTRe 10 minutes ago via LinkedIn ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

    @dcorms
    Danielle Cormier    Facebook Sets High Asking Price for Log-Out Ads: $700K a Day http://t.co/7H6PEqku Ha, you’re funny Facebook. 10 minutes ago via HootSuite ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

    @LukeCompete
    Luke Simon    Facebook Sets High Asking Price for Log-Out Ads: $700K a Day. http://t.co/LfuGF4Gg. Who logs out of Facebook…ever? #competeretail @cwr12 5 minutes ago via Tweet Button ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

    @jkirsten
    Jonathan Kirsten    Pricey, but it’s a nice format to work with: Facebook Sets High Asking Price for Log-Out Ads: $700K a Day
    http://t.co/j1tAFGKP via @adage 22 minutes ago via Tweet Button ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

    @Brie
    Brie Manakul    Wonder how impressions that bad boy gets. ~ Facebook Sets High Asking Price for Log-Out Ads: $700K a Day
    http://t.co/ylPssGLM via @adage 43 minutes ago via Tweet Button ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

    @ItsKentWong
    Kent Wong    Pop ups when you close a window, how annoying.
    “@adage: Facebook Sets High Asking Price for Log-Out Ads: $700K a Day http://t.co/yPT9nuXI” 43 minutes ago via Twitter for iPhone ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

    @shaunhomsapaya
    Shaun Homsapaya    Big jump from the 300×250,and how many people log out often – Facebook sets asking price for log-out ads:$700K/day @AdAge… 54 minutes ago via HootSuite ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

    https://twitter.com/#!/lorenagomez/status/183246467186696192

    @erinbury
    Erin Bury    Just pocket change. RT @Techmeme: Facebook Sets High Asking Price for Log-Out Ads: $700K a Day (@cottondelo / AdAge) http://t.co/iyt9CwWU 1 hour ago via TweetDeck ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

    @gordonbowman
    Gordon Bowman    Sounds about right. $YHOO still gets ~$1M on takeovers? “Facebook Sets High Asking Price for Log-Out Ads: $700K a Day” http://t.co/FiIKli32 1 hour ago via Twitter for iPhone ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

    @davaishsingh
    Dave S    Facebook reaches new level of greed #digitalmedia #SocialMedia Asking Price for Log-Out Ads: $700K a Day http://t.co/M7uz69Fo #Facebook 1 hour ago via Twitter for iPhone ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

    @inConcertWeb
    inConcert    Facebook users are learning to tune out ads, so advertising is getting more in-your-face… What do you think? http://t.co/yjskx8OF 6 days ago via HootSuite ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

    @revamc
    Reva McEachern    What are these silly ads that I see when I log out of Facebook now? Myspace much? 6 days ago via TweetDeck ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

    @BrandSquare
    BrandSquare    Have u been seeing a sweet Ford Mustang when u log out of #Facebook? New #brand ads; Ford had 7K shares in 13 hrs http://t.co/TlfNt2OD 1 day ago via Argyle Social ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

    @CockyMF
    The Cocky One    Can get a week of cable TV for that. RT @adage: Facebook Sets High Asking Price for Log-Out Ads: $700K a Day http://t.co/sYLce5Mw 1 hour ago via Seesmic ·  Reply ·  Retweet ·  Favorite · powered by @socialditto

  • Yelp Could Reach Value Of $840 Million With IPO

    After three months of preparation Yelp has reached a consensus about a value for their stock and is almost ready to go public. Currently they report a target of $12- $14 per share and at that price, value of the company could soar to around $840 million. The shares will be made available on the New York Stock Exchange (NYSE) under the ticker symbol “YELP”.

    Yelp offers recommendations and reviews for visitors on everything from social functions to saturday night entertainment. As of the end of 2011, they attract nearly 61 million unique visitors. A couple of years ago Google was interested in purchasing Yelp, who turned down the $500 million offer.

    Because the timing of the IPO is so closely positioned with the much anticipated Facebook public offering, Yelp will have to be skillful about how it manages the effort. If they can illustrate the strength, vitality, and versatility of their brand, they may prove to be one of the most profitable internet IPOs to date.

    Dave Smith of International Business Times conveys the potential of Yelp and the forthcoming IPO:

    “Yelp will be a great stock to buy, and it’s probably one of the few Internet companies that is actually worth buying.”

    “More so than Facebook, Yelp stock could be extremely valuable because Yelp has so much more room to grow, while Facebook users lament when the platform makes any changes whatsoever.”

    So it will be interesting to see what happens when these stocks finally go on sale, and even more interesting when we see which of them pays off, if not both. I wouldn’t want to gamble on either one of them being a huge money maker right now; the market is very fickle at present.

  • Facebook IPO Will Make Bono Richest Rockstar In The Galaxy

    It’s expected that Facebook’s IPO is going to make a lot of people rich and richer whenever those shares hit the stock market. One person who will fall into the latter category is U2 frontman Bono, whose stocks in Facebook are about to propel him atop the heap of richest rockstars in the world.

    Bono, who’s also recognized for his messianic mission to save the world from ourselves, owns 1.5 percent of the shares in Facebook via an investment firm he works through. Whenever Facebook shares start trading on the stock exchange, those stocks are expected to be worth a little less than $1 billion. He’ll surpass Sir Paul McCartney to become the richest rockstar in the world (I hesitate to say “richest musician” because there are other genres than rock ‘n roll out there).

    Despite the Dr. Evil levels of wealth that the great sunglassed one will find himself, don’t be surprised if Bono uses his new riches for his many humanitarian projects. NME expects that some of this money will go toward several of Bono’s charity projects. That’s probably a safe bet, so let’s hope that the money finds its way to some good causes for people who need a hand.

    Personally, I think Bono should just buy a Laputa-like floating island and go start over with this whole human race thing.

  • Facebook Premium And More Intrusive Ads May Be Coming

    We all know how annoying it is to see our Facebook friends go nuts reposting that “OMG Facebook charging at the end of the month. Repost to keep ur account free!” No matter how many times Facebook denies it, there are always some suckers willing to believe that Facebook is going to charge for their service.

    Except maybe they weren’t as far off as you thought. One analyst, Foad Fadaghi, thinks that there just might be a Facebook premium in the works after Facebook’s IPO filing yesterday. Fadaghi suggests that a Facebook Premium subscription option dealing with the game and app space of the site. Due to competition from sites like Google+ and Twitter, though, Fadaghi expects the social network’s basic features to remain free.

    Fadaghi’s speculation did not end with Facebook Premium, though. He also suggested that adds on Facebook would get more content driven and more invasive for users. As Facebook becomes increasingly beholden to investors and shareholders, he suspects that they will look for ways to make more money out of it.

    On the bright side, Fadaghi also predicted an improvement to Facebook’s mobile apps, which have a somewhat spotty record in terms of quality. He said improvements could be expected for the iPad app in particular, as it is currently a lower quality experience than some of Facebook’s other mobile versions.

    What do you think of Fadaghi’s predictions? Let us know in the comments.

  • Facebook’s IPO: Twitter Reacts

    News broke this afternoon that Facebook filed their S-1 with the SEC. The company plans to sell stock to the public under the trading symbol FB, and is looking to raise $5 billion. News of the filing caused the SEC’s website to crash and Facebook to trend on Twitter. Check out what Twitter users are saying about the filing below:

    @PeterJBrennan1
    Peter J Brennan    Zuckerberg owns 28% of Facebook, making him worth about $20-$28 billion, among top five in world. 40 minutes ago via HootSuite · powered by @socialditto

    @dannysullivan
    Danny Sullivan    As others are citing, Facebook calls out that 12% of its revenue comes from Zynga, a risk. 22 minutes ago via Seesmic twhirl · powered by @socialditto

    @ProducerMatthew
    Matthew K    Facebook IPO: Mark Zuckerberg recorded a total compensation amount of $1.4 million for 2011; base salary to fall to $1 in 2013. 32 minutes ago via HootSuite · powered by @socialditto

    @CNBC
    CNBC    Facebook: Does not expect to pay dividends for “foreseeable future” & will use IPO proceeds for “working capital” and other purposes 14 minutes ago via TweetDeck · powered by @socialditto

    @davidrauf
    David Saleh Rauf    #Facebook is exercising “controlled company” clause, which means no independent board of directors and no compensation committee. 34 minutes ago via web · powered by @socialditto

    @evgenymorozov
    Evgeny Morozov    Mark Zuckerberg owns 28.4% of Facebook and 99% of your life 40 minutes ago via web · powered by @socialditto

    @brianblau
    Brian Blau    Facebook revenues in 2011 were $3.71bn, not bad but the S-1 details a litany of bad scenarios that could cause them serious trouble 26 minutes ago via web · powered by @socialditto

    @dkberman
    Dennis K. Berman    #Facebook COO Sheryl Samberg made $31 million last year. For those keeping count, that is nearly double that of Lebron James. 34 minutes ago via HootSuite · powered by @socialditto

    @peterlauria3
    Peter Lauria    At upwards of 85% of revenue, #Facebook is more dependent on advertising revenue than CBS, the most ad-dependent old media firm.. 15 minutes ago via TweetDeck · powered by @socialditto

  • Twitter IPO for 2013?

    Twitter IPO for 2013?

    Investors are growing excited about the possibility of Twitter going public in the near future. There are many who feel this is an inevitability and there is some evidence to support their theories. In the following video Bloomberg’s Jon Erlichman talks about the possibility of an initial public offering by Twitter Inc in the upcoming year.

    First off, private trading of Twitter stock is growing and under current United States Security and Exchange Commission guidelines, all privately traded companies with over 500 investors must disclose their financial particulars (very much the same way a publicly traded company must). Twitter may well be reaching this mark in the near future and want to reap the advantages of going public.

    Secondly, Twitter’s management teams appear to be growing heavy with members well-versed in running publicly-traded companies. Why employ the expertise without exercising it?

    And third, the current success of recent IPO’s like Groupons, and the much anticipated Facebook IPO, could be the kind of momentum to make this IPO speculation a reality. The market seems to be ripe for internet IPO’s right now. Why not raise the capital?

    But, there doesn’t seem to be a pressing need for the Twitter organization to go public. They are experiencing huge growth and don’t seem to be having trouble raising funding without going public. We’ll have to wait and see what the new year brings.