$5 billion Initial funding sought by Facebook, in one of the largest IPOs ever filed by a technology company $75 to $100 billion Estimated overall value of the social network — which may command “a valuation more than five times… Continue Reading
According to AsiaTimesOnline.com, Renren, known as the “Facebook of China”, will be listed in the New York Stock Exchange next month, raising up to US$584 million. Here is a break down of Renren, including demographic and traffic data.
What is the hottest stock that is not-yet-available to the seasoned, diaper-clad online ‘toddler traders’ from the Ameritrade commercials? Unsurprisingly . . . Facebook. The Palo Alto-based social networking giant is a privately held company, and its shares are not… Continue Reading