“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 […]
Tag: IPO
Posted inNews
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 […]
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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 […]
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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)
Posted inAnalysis, News
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.
Posted inData, News
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.
Posted inNews
Facebook share price fails to pop following IPO
With an opening price of $42 per share, Facebook was expected to make a splash on the NASDAQ stock exchange on Friday when trading began following its IPO, with analysts predicting a ‘pop’ to take the price into the upper $40s or even $50s in its first day.
Posted inData, News
Facebook IPO raises $16bn. Now, what will the shares do?
Facebook confirmed the pricing of shares for its Initial Public Offering (IPO) last night, selling 421.2m shares at $38 each, raising $16bn and valuing the company at $104.2bn.