GoPro recently went public on the Nasdaq:GPRO. Regardless of whether you think it is worth the current valuation or not, what do you think about the stock sold and by whom? Typically we think of a company going public as a way to raise money for the company itself. For example, let us assume a company sells 1,000,000 shares for $10 at their public offering. The company … [Read more...] about Does it Make Sense for GoPro Stockholders to take $213.6 Million?
Groupon (Nasdaq:GRPN) has seen better days. The stock price has also seen worse days. Lately it has been hovering closer to it's all time low than the all time high. Recently the stock price took another dip and it was said to have been due to the Illinois sales tax. I have read many articles about Groupon this year and each has been informative from one angle or another on … [Read more...] about Is Groupon a Sleeper?
Three companies I wrote about this year that went public are GrubHub (NYSE:GRUB), Rubicon Project (NYSE:RUBI) and 2U (Nasdaq:TWOU). Let us start with the first to go public out of this group and see where they are now. 2U : TWOU As you can see from the chart there has not been too much volatility. Rubicon Project : RUBI For the most part the Rubicon Project has … [Read more...] about Where are they now? GRUB, RUBI, 2U
GrubHub goes public today 4/4/14. They priced 7.4 million shares at $26 per share. That would put their market capitalization around $2 Billion. Ticker symbol will be GRUB on the New York Stock Exchange (NYSE:GRUB). Grubhub is Profitable … [Read more...] about GrubHub Goes Public
Now you may think this is a joke and you may giggle after reading the incredibly easy 5 steps. However after you read the steps be sure to look at the case study of how one company followed the steps, loses money, and is now worth $6 Billion. 5 Easy Steps 1. Create a Product or Service that people want (hereinafter "Stuff") 2. Give Stuff away for Free 3. Keep … [Read more...] about 5 Easy Steps to Create Your Own Billion Dollar Company