Sunday, October 14, 2012

Defining A Successful IPO: $FB ?Flopped? Yet Workday ?Wins? By Handing $470M To Investors?

Mo Money Mo Problems, FacebookCongratulations, Workday. Its share popped 74% when it IPO'd today. Or should I say condolences? $470 million ended up in the pockets of investors instead of the cloud startup's war chest. Meanwhile, Facebook is called a flop for filling its coffers with $10 billion by pricing shares at nearly twice its current value. This all begs the question, how should Silicon Valley define a successful IPO?

Source: http://feedproxy.google.com/~r/Techcrunch/~3/7TqBV_HRy9A/

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