Wi-Fi equipment maker Ruckus Wireless held an initial public offering on the New York Stock Exchange this morning at a share price of $15. It raised $126 million. While it was a nice move for the company, as well as its venture capital investors (Sequoia Capital, Sutter Hill Ventures and others had provided some $54 million in funding for the eight-year-old ... Read more
Xoom Closes Its First Day On The NASDAQ At $25.49 Per Share,... A number of Silicon Valley investors are starting the long weekend with a smile. That's thanks to Xoom Corporation, the online money transfer technology and services company, which made a very success... Read more
Finding Patterns In The Tableau IPO Editor's note: Glenn Solomon is a partner with GGV Capital. Some of his recent investments include Pandora, Successfactors, Isilon, Domo, Square, Zendesk, Quinstreet, and Nimble Storage. Stanford-bo... Read more
JustDial IPO Subscribed 11.3x; Proof that Market Likes the I... Shares of JustDial, priced at a multiple of 66x its earnings per share in FY12, was considered an expensive buy by many analysts. However, the markets seem to have gone the other way on this. Read more
Opposition BJP creates ruckus in Himachal assembly Shimla, March 12 (IANS) Pandemonium prevailed in the Himachal Pradesh assembly on the first day of the budget session as the opposition BJP members protested the speaker's delaying a decision on thei... Read more
More ruckus in Kerala assembly over Suryanelli Thiruvananthapuram, Feb 6 (IANS) The infamous Suryanelli sex case was the matter of much contention and heated debate in the Kerala assembly Wednesday, with the government and the Left opposition sti... Read more
Not So Fast: Avis Proposed $500M Zipcar Buy Being Investigat... Earlier today the sharing economy startup world was abruptly awoken from its holiday slumber with the news that car rental giant Avis would buy car-sharing company Zipcar for $500 million. No sooner h... Read more
Facebook's Growth Since IPO In 12 Big Numbers $FB is still stuck at $26.25, way down from its $38 IPO price, but it's made important progress since going public a year ago. Daily users up 26%, mobile monthly users up 56%, and revenue up 38% are s... Read more
Thatll Fly: Kayak Closes IPO Day With Shares Up Nearly 30% A... It's been a long time in coming. After first filing to go public in late 2010, Kayak finally came to market today debuting as a public company on NASDAQ, trading under "KYAK." The travel bookings comp... Read more
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