Saintel Daily

There is no spoon
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  • LinkedIn IPO reminds us of the old days. Priced at $45 & opens at $80 now over $100. Should you buy or wait?

    Remember when IPO’s would open up and than jump to over $100 a share. There was a new .Com IPO almost everyday. At least two or three would hit the market. There are not too many left over from those good old days. When that boom went bust. We should have learned not to jump…

  • LinkedIn Goes IPO, soon anyway

    Professional social network LinkedIn has just submitted its S-1 filing with the SEC, indicating that it will file for a public offering. The maximum proposed total offering price is $175 million but this is just a placeholder amount. The company also announced the filing on its blog. In terms of revenue, in the nine months ended September…

  • Groupon Worth $15B + Google offer $6B= No Sale

      The New York Times is reporting that  Groupon’s valuation to more than double the $6 billion Google offered for the company just months ago, at about $15 billion. From The New York Times: “An I.P.O, if it happens, will be a significant milestone for the young startup, led by 30-year-old founder Andrew Mason, whose quirky…