Rumor has it that Dropbox, another one of America’s fastest growing companies, is raising its next round of financing, and once again the investing public is not invited to the party. Dropbox is expected to privately raise $250M at an anticipated $8B valuation, or approximately 68 times 2012 revenues. This begs the question, what will […]
Archives for November 2013
Twitter Capitalization – Where the Wealth was Generated
In a formulated stark contrast to Facebook’s IPO debacle, Twitter (NYSE: TWTR) made its public market debut yesterday with underpriced shares. Priced at $26 per share, Twitter opened at $45.10 and closed the day at $44.90 giving Goldman Sachs’ most cherished institutional clients an instant 73% return. Mind you that this is a far cry […]