Make Canoe my Homepage

The face of Facebook’s IPO changes yet again

- May 17th, 2012


GiveAShare

 

The landscape of Facebook’s IPO (Initial Public Offering) continues to change with less than 2 days to go in one of the most anticipated public offerings we’ve probably seen in a long time. I can remember like it were yesterday; in fact it was yesterday, when I was perusing over the 200+ page Amendment No. 7 to Form S-1. This is the document that Facebook filed with the US Securities and Exchange Commission which outlines the details of Facebook Inc.’s IPO (with amendments) and which saw the IPO price of the greatly sought after shares move up to $34 to $38 US per share from the initial $28 to $35 US per share.

Read more…

Facebook acquires Instagram for $1 Billion

- April 9th, 2012

instagramBeetle

“One Billion Dollars,” is the kind of thing you’d hear from the lips of Dr. Evil from an Austin Powers movie.  But today for the folks over at Instagram, Facebook founder and CEO Mark Zuckerberg sounds more like the Easter Bunny than an evil-doer on this holiday Monday, as he announced that Facebook will be buying Instagram for the tune of approximately that same amount – $1 billion. And that’s a lot of eggs.

Read more…