How The Media (Including TechCrunch) Is Wrong About Facebook’s IPO | TechCrunch
Judging by many of the headlines on Friday, you might think that Facebook’s IPO was a miserable failure. The Wall Street Journal declared, “Facebook’s IPO Sputters,” and our very own TechCrunch declared that bankers were “struggling” to keep the share price up. Nevermind that it was the highest ever IPO valuation and one of the largest sums of money ever raised by a U.S. company. According to the pundits, what really matters is that the stock price didn’t increase in value--or “pop”--post IPO and is being propped up by banks. Taking bets on whether an IPO will “pop” provides entertaining fodder to help pundits promote their interests, but it misses the point. This view represents a fundamental misunderstanding of the purpose and economics of an IPO. By the correct measures, the Facebook IPO was a resounding success. Let me explain why.
View Original Article on techcrunch.com
Shared by 1 person
More from this website
The Evolution Of Hacker News | TechCrunch (techcrunch.com)
The idea of a VC having its own news aggregator was a bit outlandish in 2007. But Y Combinator was in an unusual position in those days anyway. Startup incubators had been a highly visible part of the dot-com crash, and Silicon Valley was still skeptic...
Google’s Products Are Just By-Products Of Its Quest For Tomorrow | TechCrunch (techcrunch.com)
Google isn't about search, apps, or devices. Those are just vehicles, and there's no destination. That's because Larry Page's Google is on an unending pursuit of the future, not just next quarter's earnings. The scattershot of projects Google revealed ...
Business Intelligence Startup RJMetrics Raises $6.5M From Trinity Ventures For Ecommerce Boom | TechCrunch (techcrunch.com)
In the big new world of business intelligence, RJMetrics has found a market helping ecommerce companies easily analyze operations data and make smarter decisions as a result. Big startups have signed on, including Fab, Bonobos, Threadless and thousands...
The Melon Headband Launches On Kickstarter To Track Your Brain Waves And Mental Focus | TechCrunch (techcrunch.com)
Tracking oneself is all the rage, with devices like the Nike Fuelband, Jawbone Up, and Fitbit Flex enabling users to monitor their physical activity over time. But what about tracking your mental concentration? A device from a startup called Melon aims...
GraphLab Raises $6.75M For Data Analysis Used In Consumer Recommendation Services | TechCrunch (techcrunch.com)
TechCrunch is a leading technology media property, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.
Cyber Security Startup Lucent Sky’s CLEAR Makes Securing Web Sites A Breeze | TechCrunch (techcrunch.com)
One of the most nervewracking and tedious parts of developing a Web site is making sure that it is safe from data theft and other security breaches. Taipei-based startup Lucent Sky's mission is to make cyber security easier for developers. The company ...
Facebook’s iPhone Culture Builds An Overzealous Home On Android | TechCrunch (techcrunch.com)
Facebook didn't realize just how important widgets, docks, and app folders were to Android users, and that leaving them out of Home was a huge mistake. That's because some of the Facebookers who built and tested Home normally carry iPhones, I've confir...
VirtualMob’s Point-At-Me Aims To Let Brands Easily Build Augmented Reality Campaigns | TechCrunch (techcrunch.com)
Today UK startup VirtualMob is officially launching its Augmented Reality self-service -- Point-at-Me (PAM) -- which mixes drag 'n' drop content creation, e-commerce, and analytics in a bid to make it even easier for companies to get in on the AR actio...
Kids’ Programming Tool Scratch Now Runs In The Browser | TechCrunch (techcrunch.com)
TechCrunch is a leading technology media property, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.
From The Garage To 200 Employees In 3-Years; How Nest Thermostats Were Born. | TechCrunch (techcrunch.com)
Editor’s note: Derek Andersen is the founder of Startup Grind, a 40-city community bringing the global startup world together while educating, inspiring, and connecting entrepreneurs. I remember when the press first hit about Nest Labs, the guys be...
Email, Still A Sonofabitch | TechCrunch (techcrunch.com)
Just about two years ago, I went off the deep end. I had come home early from an event in an effort to do something responsible: email. I was on the road and knew the situation would be dire (since I had not been checking my email all day). I was wrong...