Sunday, July 17, 2011
Thursday, June 9, 2011
The Company That Powers Facebook And Apple Looks Set For A Red-Hot IPO
Fusion-io, the company that makes flash memory chips that big companies including Facebook and Apple use in their datacenters, has priced its IPO above-range at $19 a range, or a $1.5 billion IPO valuation, AllThingsD reports.
Not only that, but brokers seem to be getting orders well above that, so it looks like it's going to be a roarer.
When Fusion-io set its range, there were concerns about how much of its revenue depends on a small number of clients. Fusion-io makes flash memory for datacenters, which is faster and less power-hungry than hard drives (but more expensive).
Oh, and the company's Chief Scientist is Apple co-founder Steve Wozniak.
Get ready for a huge pop, and probably a roller-coaster.
Don't Miss: The 11 Huge Tech IPOs Coming This Year →
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See Also:
- The Weird Groupon IPO -- The SAIcast Discuss
- WHY WAIT FOR THE IPO? These 13 Groupon Execs And Investors Have Already Cashed Out To Tune Of $870 Million
- Pandora IPO To Aim For A $1.3 Billion Valuation
The Company That Powers Facebook And Apple Looks Set For A Red-Hot IPO
Thursday, May 26, 2011
Mark Zuckerberg On The Facebook IPO
Mark Zuckerberg at the eG8 Forum in Paris was asked by Publicis Groupe CEO Maurice Lévy whether Facebook was going to IPO soon, and he said "not yet."
He also made a few other interesting points:
- He thinks the next industry to get huge on Facebook after games is music, and after that movies.
But the best moment by far came after the interview, once Zuck was off the stage. Lévy didn't realize his mic was still on and muttered to himself: "I'm an old fart who doesn't understand the internet."
Don't Miss: You Think You Know How Big The Internet Is, But You Have No Idea →
For the latest tech news, visit SAI: Silicon Alley Insider. Follow us on Twitter and Facebook.
Join the conversation about this story »
See Also:
- PHOTO: Mark Zuckerberg Giving Nicolas Sarkozy A Facebook Hoodie
- To IPO (NOW!!!) Or Not: Facebook's $10 Billion Question
- Mark Zuckerberg's Chinese Itinerary
Mark Zuckerberg On The Facebook IPO
Mark Zuckerberg On The Facebook IPO: "Not Yet"
Mark Zuckerberg at the eG8 Forum in Paris was asked by Publicis Groupe CEO Maurice Lévy whether Facebook was going to IPO soon, and he said "not yet."
He also made a few other interesting points:
- He thinks the next industry to get huge on Facebook after games is music, and after that movies.
But the best moment by far came after the interview, once Zuck was off the stage. Lévy didn't realize his mic was still on and muttered to himself: "I'm an old fart who doesn't understand the internet."
Don't Miss: You Think You Know How Big The Internet Is, But You Have No Idea →
For the latest tech news, visit SAI: Silicon Alley Insider. Follow us on Twitter and Facebook.
Join the conversation about this story »
See Also:
- To IPO (NOW!!!) Or Not: Facebook's $10 Billion Question
- Mark Zuckerberg's Chinese Itinerary
- 26 Amazing Things You Didn't Know About Facebook
Mark Zuckerberg On The Facebook IPO: "Not Yet"
Wednesday, May 25, 2011
THE LINKEDIN EFFECT: Zynga Moved Up Its IPO A Year
How big of an impact did LinkedIn's bonkers IPO have on Silicon Valley CEOs?
In January, sources told the New York Times that Zynga "is in no hurry for an initial public offering and unlikely to seek one this year."
Yesterday, we learned that Zynga wants to file for an IPO in the next month or so. See Zynga's financials here.
Related: To IPO (NOW!!!) Or Not: Facebook's $10 Billion Question
For the latest tech news, visit SAI: Silicon Alley Insider. Follow us on Twitter and Facebook.
Join the conversation about this story »
See Also:
- How Strong Are Network Effects Online, REALLY?
- Zynga Close To IPO Filing, Says Report
- Here's Why Zynga Is Going To File For An IPO
THE LINKEDIN EFFECT: Zynga Moved Up Its IPO A Year