ipo

Snapchat May Have Hit Demographic Ceiling: Report

With the highly anticipated Snap, Inc. initial public offering (IPO) set to raise about $3.2 billion on March 1 by pricing shares at the high end of their expected range, a new report reveals that young social media consumers prefer Instagram, and millennial parents ages 45-to-54 are Snapchat’s only growth demographic.

Outlining the financial details of its initial public offering (IPO), Snap Inc. said it expects net proceeds of some $2 billion

Snap IPO Warning: Ex-Employee Says Books Are Cooked

Snapchat’s social media parent, Snap, Inc., seemed headed for a $5 billion IPO until a former employee alleged in a conveniently timed lawsuit that the company misrepresented its financial position and pressured him for proprietary secrets about his former employer, Facebook.

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Silicon Valley IPO Dam Just Broke

Silicon Valley has been suffering a tech IPO drought, but the dam may have broken after data software company Talend, Inc. jumped 42 percent on its first day of trading. Talend raised $94.5 million in its July 29 initial public

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The Bad Guys’ Plan to Destroy Silicon Valley: Demand Profit

In the 1985 James Bond classic A View to a Kill, super-villain Max Zorin (Christopher Walken) plots to destroy Silicon Valley. That was fiction, of course — but this year, tech start-ups have suffered 70 “down-rounds” as venture capitalists have suddenly demanded that companies become profitable.

Christopher Walken A View to a Kill (Hulton Archive / Getty)

Judge: Facebook Must Face Fraud Suit in 2012 IPO

A federal judge has ruled that Facebook must face two class action lawsuits claiming the company concealed slowing ad growth in its initial public offering (IPO) in 2012, and helped its underwriters make a $2.4 billion profit by shorting 63 million shares on inside information.

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Virally Competitive Fitbit Goes Public at $4 Billion Valuation

If Robin Leach visited the headquarters of Fibit, Inc. in San Francisco today, it would be all “champagne wishes and caviar dreams” as the leading wearable fitness tracker raised $793.5 million at a stunning valuation of $4.1 billion in the largest initial public offering (IPO) by any consumer electronics company in history.

Fitbit (Eric Thayer / Getty)

Snapchat Goes for a $500 Million Slurp at the V.C. Trough

Although the ink is barely dry on the $485.6 million venture capital funding for Snapchat that valued the company at about $10 billion, Bloomberg reports that Snapchat is looking to raise another $500 million at a valuation of up to $19 billion. That would make the messaging platform the third-most-valuable venture startup on the planet, just behind Xiaomi and Uber. It also would value the company at 92.5% of what was considered a jaw-dropping value of $22 billion paid by Facebook to buy WhatsApp.

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