Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
(Reuters) – It’s the year’s hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients. The world’s biggest social network is expected to seek a $75 billion to $100 billion valuation in its IPO, the most anticipated stock offering from Silicon Valley since Google Inc went […]
David Choe, 36, is an accomplished painter in Los Angeles who has exhibited his work in galleries and museums. But he achieved worldwide fame this week when tweeters and headline writers dubbed him “The Facebook graffiti artist.” The accompanying story was less about his success as an artist, than about his success as an investor. As you […]
Choe actually made a mistake here: Back in 2005, when he took on the project with Facebook, he reportedly said he thought the whole idea of the company was “ridiculous and pointless.” He invested against his better judgment. And he happened to get lucky. 3. Be prepared to lose your entire investment. Most start-up companies […]
Facebook filed their S-1 document at the Securities and Exchange Commission on Thursday, February 02. The move to go public in the summers will certainly lure much wanted cash to the California-based company. Analysts have estimated the net worth of the company in 2012 to be in tune of around $80 to $90 Billion, up […]
In the 24 hours or so since Facebook filed its long-awaited S-1 and started on the way to a second-quarter public offering, some of the focus has been on the near-certainty that the bulk of the social network’s shares being sold will be snatched up by big institutions and high net-worth individuals. There are some […]
The largest online social network in the world has now taken a big stride to get into the corporate world. After being surrounded by rumours for almost a year since the first word got out of Facebook’s headquarters, Mark Zuckerberg and company filed for their initial public offering at the Securities and Exchange Commission on […]
Facebook co-founder Dustin Moskovitz, whose work on the company was depicted in the 2010 film “The Social Network” owns 133.8 million shares, or 7.6 percent. Moskovitz was Zuckerberg’s roommate at Harvard University. Eduardo Saverin, another co-founder and Harvard classmate who sued Zuckerberg over ownership of the company, isn’t mentioned in yesterday’s filing. Neither are Tyler […]
(Reuters) – Facebook unveiled plans for the biggest ever Internet IPO that could raise as much as $10 billion, but made it clear CEO Mark Zuckerberg will exercise almost complete control over the company, leaving investors with little say. The Harvard dropout, who launched the social networking phenomenon from his dorm room, will control […]
After a long wait of almost a year since the first rumour sprung at the Pablo Alto, California head quarters, Facebook is planning to file for the Initial Public Offering at Securities and Exchange Commission on Thursday, February 02 or Friday, February 03. The filing will initiate the process of the social network’s net worth […]
Goldman Sachs is trying to pull some strings on the basis of its former relation with Facebook. The company led the private offering of Facebook but that relation frayed in the past few months. But the investment bank is trying to sway the top management at Facebook for a preference over other competitors. The reason […]
(Reuters) – Facebook is expected to submit paperwork to regulators on Wednesday morning for a $5 billion initial public offering and has selected Morgan Stanley and four other bookrunners to handle the mega-IPO, sources close to the deal told IFR. The company founded by Mark Zuckerberg in a Harvard dorm room in 2004 picked Morgan […]
There was a time when just drawing the window shades ensured a private sanctuary. But the digital age is less shade and more glaring light, and it is shining brightly on personal data. “There has never been another time in history where privacy was under the kind of assault it is today,” said Rainey Reitman, […]
