Saintel Daily

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  • Facebook IPO In 2011? No

    Facebook IPO In 2011? No

    There won’t be a Facebook IPO in 2011. So long as the company’s growth metrics are strong, Facebook has no need for the public markets. When it hits its saturation point though, that’s when you should expect the social network to make its move. I predict that will happen in 2014 if that. There have been…

  • Jay-Z On Way to a Billi

    Jay-Z On Way to a Billi

    Forbes magazine has predicted Jay-Z will be worth a billion dollars by the year 2015. Jay-Z was named among an elite group of tech moguls, hedge-funders, athletes and entertainers who all have a chance of breaking into the Forbes 400 this decade. Jay-Z has a total worth of $450 million, through his Roc Nation label,…