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Facebook to Break Records with IPO
0By: Kuljit Grewal | June 12th, 2012 | News, Social Media
Come Friday May 18, 2012, history will most certainly be made as Facebook is scheduled to make its highly anticipated IPO to a great deal of fanfare and investor excitement. The social media giant is poised to earn an anticipated $13 billion from the IPO, based on an expected price of $28 to $35 a share. Currently, the offer will include 180 million Class A common shares along with current private...
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Tumblr Attempts to Roll in Some Coin
By: Kuljit Grewal | June 12th, 2012 | Business, News, Social Media
Everyone’s favourite micro blogging site has joined the proverbial dark side of the force, opting to begin displaying paid advertisements they refer to as “sponsor products”. The company has been hesitant to run ads since its inception in 2007, however they made the announcement two weeks ago at Ad Age’s Digital Conference in New York. We are glad to a...
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Facebook’s IPO has a Date (Maybe)
By: Kuljit Grewal | April 27th, 2012 | News, Social Media
As the old saying goes, where there is smoke there is often fire. It may now be safe to say that the fire is burning bright in Palo Alto regarding perhaps the biggest IPO in recent memory (sorry Google). According to a multitude of sources with inside knowledge, Facebook has set a goal IPO date of May 17, 2012. This date hinges on the SEC agreeing to the terms laid out in the paperwork submitted b...
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