“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
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 […]
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 […]
Candy Crush Saga firm King prices its IPO at $7.6bn
Candy Crush Saga firm King prices its IPO at $7.6bn
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.
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.
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
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)
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.
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.
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.
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.