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CREDIT FAMINE; CREDIT CRUNCH CRISIS Government to rescue banks in EUR12bn bail out.(News)

Article from: The Mirror (London, England) Article date: November 19, 2008

Byline: BY AINE HEGARTY POLITICAL EDITOR

THE Government is expected to announce a EUR12billion rescue plan for Irish banks in coming days, it emerged last night.

Brian Cowen hinted that the scheme is at the "advanced stages" as the Governor of the Central Bank held crunch talks with Finance Minister Brian Lenihan after share prices reached new lows for the second day in a ...

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Tech IPOs Back, But With a Difference

Posted Dec 5, 07 11:10 AM CST in Technology,  Business 

Tech IPOs Back, But With a Difference
Source: Associated Press

(Newser) – Tech IPOs are back--but this time around, things are more subdued than in the heady days of the dot-com boom. These days, tech startups wait until they are profitable, or at least cash-flow positive, before making a public debut, MarketWatch reports. The strong performance of VMWare's August IPO has boosted investor confidence in the tech IPO market.

The tech market has seen little impact from the credit crisis, and only a recession is likely to dampen interest. Much-watched tech debuts include next week's IPO of Classmates Media, a social networking site that was profitable this year.  An IPO of higher-profile networking site Facebook, however, won't be coming until 2009 at the earliest.

Source: MarketWatch

More about:  credit crisis • Facebook • IPO • startup • VMWare

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Web 2.0 Firms Taking
Slower Route to IPOs

The new business model calls for a 'slow and easy' approach to going public

BusinessWeek BusinessWeek Mar 6, 08 1:19 PM CST
(Newser) - Growing Web 2.0 companies like LinkedIn, Facebook, and Slide are biding their time before going public, making sure to run up their value as much as possible to fetch top dollar with an IPO, reports Business Week . It’s a far different approach than companies took before the dot-com bubble burst, when the fast track to an IPO was the goal. More »

More about:  Google • Facebook • YouTube • social networking • MySpace • News Corp • IPO • venture capital • PayPal • LinkedIn • NetSuite • VMWare • Slide

Insider Sales Put Facebook's Value at Fraction of $15B

Even CEO Zuckerberg reportedly selling still-private options at bargain prices

BusinessWeek BusinessWeek Aug 6, 08 1:22 PM CDT
(Newser) - Though the stake bought by Microsoft last fall pegged Facebook’s value at $15 billion, a rush of stock sales by insiders at the still-private company shows they think it’s worth much less, BusinessWeek reports. Even Mark Zuckerberg, founder and CEO of the social-networking giant, reportedly has sold some shares, and trouble could be looming in Silicon Valley. More »

More about:  Microsoft • Facebook • social networking • IPO • Mark Zuckerberg • shares

Venture-Capital Investments Decline

Amount of money falls 5% vs. last year, but number of deals rises

Associated Press Associated Press Apr 19, 08 11:20 AM CDT
(Newser) - Venture capitalists’ investments declined 5% in the first quarter to $7.1 billion, compared with $7.5 billion this time last year, suggesting entrepreneurial concerns over startups in a troubled economy, the AP reports. The change marks the first year-to-year dip since late 2005. Still, the figure was the fifth-largest for a single quarter since 2001. More »

More about:  credit crisis • economy • business • IPO • investment • venture capital

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