Facebook's lackluster initial public offering performance is a black eye for many on Wall Street and could have ramifications for similar upcoming deals such as an offering by Twitter.
Tags: Facebook
Facebook backer turns his attention to Brazil
One of Facebook's earliest investors has turned his attention to a distant market with a small but lively start-up scene: Brazil.
Bubble burst: what Facebook IPO can mean for startups
Today Facebook’s price declined further, closed at $25.87 per share, down 3.83%. Today Facebook’s price declined further, closed at $25. 87 per share, down 3.
Bubble burst: what Facebook IPO can mean for startups
Today Facebook’s price declined further, closed at $25.87 per share, down 3.83%. Today Facebook’s price declined further, closed at $25. 87 per share, down 3.
Opera would cost Facebook over $1 billion: analysts
Opera Software would cost Facebook over $1 billion as competition from Google and others could push up the price tag.
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Morgan Stanley expressed caution of Facebook’s revenue in the filing of an amended prospectus with U.S. Securities and Exchange Commission(SEC).
The historic initial public offering of Facebook Inc did not go as planned on Friday. The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company's sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close.
Facebook's earliest venture-capital backers, especially at once-downtrodden outfit Accel Partners, will have reason to celebrate come Friday when the world's biggest social network is set to debut on the Nasdaq at as much as a $100 billion valuation.
For the handful of venture capitalists who backed Facebook (FB. O) in its early days, a huge financial payoff is not the only thing they may be celebrating when the company goes public later this week.
