Tag: ipo

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Outgoing Twitter CEO: going public caused ‘short-term thinking’

Dick Costolo is on his way out as Twitter CEO, and in one of his final interviews he admitted that going public was a barrier to the company’s “long-term vision”. “You always want to keep focused on the long-term...
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Spotify’s new CFO helped take Netflix and Pandora public

What to do after helping a high-profile subscription-based entertainment service go public? If you’re Barry McCarthy, you join another high-profile subscription-based entertainment service that’s on a path to an IPO....
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Shazam dampens speculation about imminent IPO

“We’ve joined the Unicorn club,” Shazam CEO Rich Riley told The Times in a recent interview, referring to the company’s recent $1bn valuation. “Shazam would be a great public company with a business model driven...
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Spotify tipped for monster $500m funding round

With Spotify having raised $100m in 2012, then $250m in 2013, an IPO has been widely expected as the streaming service’s next step. The company may be buying itself more time before going public, though: the Wall Street...
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Report claims Spotify is holding ‘practice earnings calls’

The long-awaited Spotify IPO is drawing closer, with a Quartz report claiming that the streaming music service is holding “practice earnings calls”. It suggests that Spotify held one in early May with a group...
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Candy Crush Saga firm King prices its IPO at $7.6bn

Candy Crush Saga firm King prices its IPO at $7.6bn
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Spotify locks down $200m credit line ahead of IPO

Last week, we reported on rumours of Spotify being in discussions with banks to raise a credit facility that suggests it is racing towards an IPO.
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Candy Crush Saga firm King plans $500m IPO

An insight into the bubbly world of mobile gaming in 2014: the company behind Candy Crush Saga is planning to raise $500m in an IPO that could value it at up to $5.5bn.
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Spotify IPO rumours heat up as company hiring External Reporting Specialist

Shock news: Spotify may file for an IPO at some point! Okay, not such a shock: right up to CEO Daniel Ek
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Beatport revenues revealed in parent company SFX’s IPO filing

EDM-focused promoter SFX Entertainment bought downloads store Beatport earlier this year for a reported $50m (Bulletin, 27-Feb-13)
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Vevo tipped for new funding but IPO rumours recede

Music videos service Vevo is reportedly looking for more funding, with the Financial Times claiming that it may add a new partner to its joint venture.
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Facebook share price fails to pop following IPO

Facebook closed its first day of trading at $38.37, and that reportedly after some of its biggest investors stepped in to prop up the price and stop it falling between the company's original $38 offering price.