Tag Archives: book

Facebook to File IPO @ $10 Billion for a Total Valuation of $100 Billion – NEXT WEEK!

27 Jan

It’s finally happening! Facebook is going public and filing for its IPO at around $10 BILLION–the most expensive tech IPO in history, yielding a total valuation of $100 BILLION.

To put that in reference, Google’s 2005 IPO was a mere $2 billion.

Here’s more from Mashable‘s Facebook to File for IPO Next Week [REPORT].

The long-awaited tech IPO of the year — perhaps of the decade — is on. Facebook will file its paperwork for an Initial Public Offering on Wednesday, according to a report from theWall Street Journal.

If it comes to pass, this will be the largest tech IPO in history, yielding around $10 billion for the social network. The next-largest tech IPO is Infineon, a German company that raised $5.9 billion in 2000. Google’s 2005 IPO, as big a deal as it was, didn’t even reach the $2 billion mark.

SEE ALSO: Everything You Need to Know About Facebook’s $100 Billion IPO

Details are scarce, Facebook isn’t commenting, and the WSJ’s source is unnamed. But the Journal has a track record on such stories that is hard to dispute. The $10 billion share offering would yield the company a total valuation of $100 billion, the paper says, which is right in line with where we expected it to be.

Facebook halted its trading in secondary markets for three days earlier this week — the strongest signal yet that an IPO is coming soon.

An upcoming share offering would also explain why Facebook has been so keen to get its product offerings in place. This week the company announced it would be rolling out its new profile template, Timeline, to all users, at a speed that left us scratching our heads. Last week it revealed 60 apps that are tightly integrated into Timeline, and announced a process for developers to create more Timeline apps.

If and when Facebook does file its S-1 paperwork, it will be forced to enter a “quiet period” — without product announcements, interviews or any other public statements.

SEE ALSO: How Does Facebook Compare to the World’s Biggest IPOs?

The WSJ also reports that Wall Street giant Morgan Stanley will manage the offering, and that Goldman Sachs will be “intimately involved.” That’s a blow for Goldman, which managed a billion-dollar private share offering for Facebook this time last year.

Are you excited about Facebook finally going IPO, or will being a public company change it for the worse? Let us know your thoughts in the comments.

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Kindle Now Allowing You to Upload Your PDFs to Your Kindle Device via “Send to Kindle”

12 Jan

Kindle Just Turned Into an Instapaper for Your Files.

Now Amazon’s making it easier to send non-book files to your Kindle.

Send to Kindle is a new plugin that lets you send a file right to your Kindle right from the Print menu. You can also store stuff in your Kindle Library to download later, which is nice if you don’t want to spam hundreds of files onto your reader, but want access to your junk. Mac support is coming, but for it’s just for Windows.

Storyverse is the most interesting future of books. The Pandora of books.

2 Nov

Suppose someone took every meaningful detail from all the books you love. Every song mentioned, every person, every food or place or movie title. And what if they did that for all the books everyone else loves, too. The ones you’ve never heard of.

Suddenly you’ve got a whole world of seemingly random people, places and things, all gathered in one place. Together they create something vast, wonderful and entirely new. A Storyverse.

A place where details touch, overlap and lead you further. To new music to listen to. New movies to watch. Places to visit. People to know. And of course, new books to read. Getting started is simple. Just choose a book. See where it takes you.

via Small Demons — Welcome to the Storyverse.

Steve Jobs’ Biography is already #1 on Amazon’s Best Sellers for Best Books #teechy

21 Oct

Steve Jobs

Product Description

Based on more than forty interviews with Jobs conducted over two years—as well as interviews with more than a hundred family members, friends, adversaries, competitors, and colleagues—Walter Isaacson has written a riveting story of the roller-coaster life and searingly intense personality of a creative entrepreneur whose passion for perfection and ferocious drive revolutionized six industries: personal computers, animated movies, music, phones, tablet computing, and digital publishing.

At a time when America is seeking ways to sustain its innovative edge, and when societies around the world are trying to build digital-age economies, Jobs stands as the ultimate icon of inventiveness and applied imagination. He knew that the best way to create value in the twenty-first century was to connect creativity with technology. He built a company where leaps of the imagination were combined with remarkable feats of engineering.

Although Jobs cooperated with this book, he asked for no control over what was written nor even the right to read it before it was published. He put nothing off-limits. He encouraged the people he knew to speak honestly. And Jobs speaks candidly, sometimes brutally so, about the people he worked with and competed against. His friends, foes, and colleagues provide an unvarnished view of the passions, perfectionism, obsessions, artistry, devilry, and compulsion for control that shaped his approach to business and the innovative products that resulted.

Driven by demons, Jobs could drive those around him to fury and despair. But his personality and products were interrelated, just as Apple’s hardware and software tended to be, as if part of an integrated system. His tale is instructive and cautionary, filled with lessons about innovation, character, leadership, and values.

About the Author

Walter Isaacson, the CEO of the Aspen Institute, has been chairman of CNN and the managing editor of Time magazine. He is the author of Benjamin Franklin: An American Life and of Kissinger: A Biography, and the coauthor of The Wise Men: Six Friends and the World They Made. He lives in Washington, D.C., with his wife and daughter.
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