The short answer is no. They will have an extremely successful IPO on launch day followed by volatility for a month. How they handle the volatility will determine how successful it will be long-term, but the first few months will be measured on “how” rather than “if it’ll be” successful. The longer answer is a… Continue reading Will disappointing Facebook numbers scare away investors?
Everyone has startup fever again after Facebook’s huge purchase of Instagram last week, perfect timing for Path to announce a $30 million round of funding led by Redpoint. “We are delighted to announce that last week we closed a significant round of funding with a new set of investor partners,” CEO Dave Morin. “It is important to… Continue reading Path may be the next startup to go huge after $30 million round of funding
Things didn’t look good for Bill Nguyen’s latest startup, Color. They announced their funding on March 23rd of last year and by the next day there were bloggers and tech journalists all asking pretty much the same question: “How does an iPhone photo-sharing app land that kind of money before showing that they have something… Continue reading $40.5 million startup Color still failing a year later
Investing in technology is always a gamble. It goes up and down, both in the amount of money invested as well as the number of investors themselves. We’ve recently seen a large influx of money being invested that has been replaced by a more recent freeze due to America’s financial woes. That can be expected.… Continue reading Why the great tech cash out has begun (and why it needs to end)
Shares of online real estate service Zillow more than doubled in their initial public offering on Wednesday, following the same path as other prominent Internet companies that have recently gone public. Zillow priced its offering at $20 per share on Tuesday night, but demand pushed shares up to $57 upon opening on Wednesday. Shares briefly… Continue reading Zillow shares soar in latest Internet IPO
There is an opportunity to learn from our mistakes before they can do real damage. That opportunity is Groupon, and the opportunity presents itself in the form of an upcoming IPO that needs to fail for the sake of the rest of the internet. Sounds weird, I know, but hear me out. The GrouPonzi Scheme… Continue reading Why Groupon needs to fail to save the internet