Goldman Sachs: Internet IPO Window May Be Closed Until After Labor Day
Posted by TechCrunch
Goldman Sachs’ co-head of investment banking for global telecommunications, media and technology Anthony Noto said tonight that he’d be surprised if there’s another IPO for an Internet company before Labor Day.
Facebook’s controversial offering has already shelved other deals from companies like Kayak, as public investors have driven down the value of newer consumer web companies. Facebook is now is at $28.23 in after-hours trading, down from the $42.05 price it opened at last month. Zynga is now worth $3.7 billion, down from the $14 billion valuation it commanded from private investors in February of 2011.
“If you go public now, you have to have a high qualit[...]
Continue ReadingFacebook’s controversial offering has already shelved other deals from companies like Kayak, as public investors have driven down the value of newer consumer web companies. Facebook is now is at $28.23 in after-hours trading, down from the $42.05 price it opened at last month. Zynga is now worth $3.7 billion, down from the $14 billion valuation it commanded from private investors in February of 2011.
“If you go public now, you have to have a high qualit[...]
Is there any hope for a Microsoft-branded tablet?
Posted by VentureBeat
You’d think the first Microsoft tablet worth getting excited about would be coming from Nokia, but AllThingsD’s Ina Fried is reporting that Microsoft is gearing up to launch its own iPad competitor at a Los Angeles event next week.
Of course, this doesn’t make very much sense. Microsoft has traditionally struggled to find success with its own branded hardware (the Xbox 360 is one exception, but even that took billions before it became profitable), and we know Nokia is working on a Windows 8 tablet. (Entertainment website The Wrap separately reported something similar last night.)
“Sources say that Microsoft concluded that it needs its own tablet, with the company desi[...]
Continue ReadingOf course, this doesn’t make very much sense. Microsoft has traditionally struggled to find success with its own branded hardware (the Xbox 360 is one exception, but even that took billions before it became profitable), and we know Nokia is working on a Windows 8 tablet. (Entertainment website The Wrap separately reported something similar last night.)
“Sources say that Microsoft concluded that it needs its own tablet, with the company desi[...]
Let Them Eat Cake? Yammer’s Price Tag May Be About $1.4 Billion
Posted by TechCrunch
Benchmark Capital general partner Bill Gurley tipped an interesting price point for a potential Yammer deal. He asked on-stage whether it was $1.4 billion to the co-head of Goldman Sachs’ global telecommunications, media and technology investment banking unit Anthony Noto tonight at the F.ounders conference in New York. Noto declined to comment[...]
Continue ReadingUsers finally triumph as Skype 5.8 for Mac goes on the Ultra Slimfast diet
Posted by VentureBeat
Yesterday, Skype updated its Mac client, adding group screen sharing, video calls with mobile users, and significantly altering the user interface. That is not the story. Rather, the story is why the company changed, and how the update is largely focused on placating angry Apple users.
In November 2010 Skype updated its Mac client and Skype went from a messaging tool that took up a corner of your screen to a communications juggernaut that demanded virtually your entire monitor. To be sure, I was not just feeling sentimental, I recently re-downloaded Skype 2.8 from�Old Apps. Installing this two-year old software was a liberating experience.
Notice how slim the Skype window was when the user w[...]
Continue ReadingIn November 2010 Skype updated its Mac client and Skype went from a messaging tool that took up a corner of your screen to a communications juggernaut that demanded virtually your entire monitor. To be sure, I was not just feeling sentimental, I recently re-downloaded Skype 2.8 from�Old Apps. Installing this two-year old software was a liberating experience.
Notice how slim the Skype window was when the user w[...]
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