Photograph by Instagram via Bloomberg
Instagram co-founders Kevin Systrom, right, and Mike Krieger saw the value of their deal with Facebook rise with the IPO pricing.
As if the $1 billion Instagram received for selling its photo-sharing app to Facebook wasn’t enough, the deal’s value has increased by 17 percent in the six weeks since it was announced. On April 9, Facebook agreed to pay $300...
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Photograph by Image Source
Some 71 percent of those polled by WhisperNumber.com said they wouldn’t consider Facebook’s stock as a long-term investment.
Facebook may be one of the most anticipated IPOs, but not so with the investment public. More than 70 percent of those surveyed by WhisperNumber.com last week said they wouldn’t buy the social-networking site’s shares after its initial public offering....
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Photograph by Bloomberg
Charlie Cheever is co-founder of Quora, which just raised a $50 million round of financing.
Peter Thiel, the billionaire venture capitalist and PayPal co-founder, was the lead investor in a $50 million round of financing for Quora, said Charlie Cheever, the company’s co-founder. Thiel, an early investor in Facebook and Zynga, was joined by Benchmark...
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Brad Garlinghouse has been named the new chief executive of file-sharing service YouSendIt.
While deciding on his next career move, Brad Garlinghouse asked for advice from Sheryl Sandberg, who left Google to become chief operating officer of Facebook. “She said, ‘Go with growth,’” recalled Garlinghouse, 41, who used to run AOL’s West Coast...
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Photograph by Steve Taylor
The Alchemist Accelerator program will focus on providing enterprise startups strong mentorship.
Amid all the entrepreneurs striving to make the next Facebook, a new accelerator program is launching to help startups become the next Box or Yammer. Starting in July, the venture capital-backed Alchemist Accelerator program will help 12 teams whose mission...
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Mark Zuckerberg is known for having arrived late for a meeting with prospective investor Sequoia Capital and giving a less-than-serious pitch while wearing pajamas. Now, as Facebook preps its initial public offering, Zuckerberg’s wardrobe has not received much of an...
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At the Sheraton New York Hotel on 7th Avenue in Manhattan, investors killed time on their BlackBerrys and iPads while in line for a presentation by Facebook CEO Mark Zuckerberg and other executives (first photo). They waited to hear a...
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Bill Nguyen, the founder of the photo- and video-sharing application Color, acknowledges his company has so far been better at grabbing the attention of venture capitalists than actual users. After accepting $41 million from investors for an application that failed...
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Photograph by Ted Russell/Time Life Pictures/Getty Images
A mail clerk at the Patent Office processes applications.
Add one more thing to the tech entrepreneur’s to-do list: file patents. Startups on small budgets have often viewed patents as an unnecessary expense because each one can cost around $15,000. But as Apple, Facebook, Google and other tech companies...
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Check out Facebook’s video presentation, showing what it will present to investors when executives go on the road ahead of an initial public offering. This is a pitch — the company shows plenty of smiling users — but it gives...
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