Showing posts with label ipo. Show all posts
Showing posts with label ipo. Show all posts

Thursday, June 9, 2011

The Company That Powers Facebook And Apple Looks Set For A Red-Hot IPO


space x rocket

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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The Company That Powers Facebook And Apple Looks Set For A Red-Hot IPO


Backlink: http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/IBr_KQnIk_0/fusion-io-ipo-2011-6

Thursday, May 26, 2011

Mark Zuckerberg On The Facebook IPO


mark zuckerberg eg8

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.




  • Asked about Facebook's role in the upheaval in the Middle East, he played down Facebook's impact significantly, saying "My own opinion is that it would be incredibly arrogant for any technology company to claim any significant role in this." It was great because it was both 1- a way to reassure Chinese leaders as Facebook tries to get a toehold there; 2- a swipe at Twitter, which likes to gloat about its alleged role in the uprisings.




  • Sounding almost like Eric Schmidt, he said that Facebook isn't a monopoly, that MySpace was once bigger than them and they beat them and the internet is very competitive. Read: don't regulate us!




  • He clarified that Facebook has no plans to let children under 13 sign up.




  • 300 million people use Facebook on mobile; the mobile web version of Facebook has way more users than the iOS or Android apps. 
  • 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:







    Mark Zuckerberg On The Facebook IPO


    Backlink: http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/ZOSWlMcDd94/mark-zuckerberg-eg8-2011-5

    Mark Zuckerberg On The Facebook IPO: "Not Yet"


    mark zuckerberg eg8

    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.




  • Asked about Facebook's role in the upheaval in the Middle East, he played down Facebook's impact significantly, saying "My own opinion is that it would be incredibly arrogant for any technology company to claim any significant role in this." It was great because it was both 1- a way to reassure Chinese leaders as Facebook tries to get a toehold there; 2- a swipe at Twitter, which likes to gloat about its alleged role in the uprisings.




  • Sounding almost like Eric Schmidt, he said that Facebook isn't a monopoly, that MySpace was once bigger than them and they beat them and the internet is very competitive. Read: don't regulate us!




  • He clarified that Facebook has no plans to let children under 13 sign up.




  • 300 million people use Facebook on mobile; the mobile web version of Facebook has way more users than the iOS or Android apps. 
  • 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:







    Mark Zuckerberg On The Facebook IPO: "Not Yet"


    Backlink: http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/ZOSWlMcDd94/mark-zuckerberg-eg8-2011-5