The big event came and went. The most successful technology IPO in history arrived this morning, as shares of Facebook shares opened at $42.05, above the pre-set price of $38. The stock’s price bounced around at first, several times falling back to $38 – but by 10 a.m. PDT / 1 p.m. EDT, it was [...]

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Pinterest made waves last December when it became a top ten social network. Now, an Experian report has bumped it up to number three. The social network site lets users “pin” images they find on the web to their virtual pinboards and the faster users continue to consume, create, and share the faster Pinterest will [...]

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Over 66 percent of all adult internet users are connected to one or more social media platforms. Use of these platforms and tools has been increasing steadily over the last 10 years, for both personal and business reasons. Take a look at some of the statistics behind some of the world’s most popular social networks. [...]

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Pinterest has grown like gangbusters this year, and sorry guys…it’s not for you. With women dominating the populous at almost 70 percent of registered users, the content is mostly made up of clothes, food, and motivational typography. For now, Pinterest is growing extremely quickly without much help from the male demographic. That’s nothing new, though…women [...]

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Zynga raised $1 billion late last night by pricing its initial public offering of 100 million shares at the upper end of its anticipated range. The online gaming company based out of San Francisco priced its IPO at $10 per share, compared with estimates for a debut at $8.50 – $10.00 per share. The company [...]

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The one fundamental rule of shopping has been unchanged since the dawn of time.  When in doubt, see what others are doing. Social proof is often one of the strongest indicators of whether a purchase will be made.  Nowhere is social proof more abundant than on Facebook. Each and every month, over 25 BILLION pieces [...]

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LinkedIn is one of the fastest-growing social networking sites in the world. While its numbers pale in comparison to the likes of Facebook and Twitter, catering to business professionals gives the site a unique advantage. Seeking to capitalize on its growing notoriety, owners recently decided to take the company public, filing for an initial public [...]

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Groupon raised $700 million after increasing the size of its initial public offering, becoming the largest IPO by a web company since Google raised $1.7 billion in 2004. The “daily deals” mega site is now valued at almost $13 billion after saying it increased the IPO by 5 million shares to 35 million in total [...]

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In case you hadn’t noticed, there’s a new internet bubble floating around. With sites like Zynga, Groupon, and LinkedIn setting amazingly high IPOs, Twitter seems to be content with its private investors, but that doesn’t mean the site isn’t ridiculously overvalued. The web microblogging service is said to be in discussions to raise a new [...]

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Did you know that if Wikipedia were a book, it would be 2.25 million pages long? It would also take you over 123 years to read it! Did you know that a new member joins LinkedIn every second? Did you know that Lady Gaga, Justin Bieber, and Britney Spears have more Twitter followers than the [...]

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Online social gaming company Zynga plans to raise about $1.5 billion to $2 billion in an initial public offering (IPO) and could file paperwork with U.S. regulators as soon as this afternoon, according to sources. Zynga, the company behind Facebook games like FarmVille and Mafia Wars, has more than 215 million monthly active users. Rumors [...]

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After much intense speculation, Groupon has filed with the Securities and Exchange Commission to go public in a $750 million IPO underwritten by Morgan Stanley, Credit Suisse, and Goldman Sachs. The new filing finally reveals the details of Groupon’s financials, which have long been the subject of speculation. For 2010, the company’s revenue was $713 [...]

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