Initial Public Offering (IPO) stories
US tech investor Peter Thiel is boosting New Zealand's tech scene with a NZD $40 million fund, pledging NZD $15 million via his firm Valar Ventures.
LinkedIn reports over 100% growth in revenue for Q4, with $167.7m earned compared to $81.7m in 2010. Shares rise 9%.
Facebook announces its first step towards IPO, aiming for a US$5 billion public offering, amidst investor caution and scam warnings.
Security firm AVG plans to raise up to USD $125 million through an IPO on the New York Stock Exchange, after a prosperous year for tech IPOs.
LinkedIn's shares soared by 84% on their market debut, closing at US$94 per share, hinting at an inevitable Facebook IPO.
Cisco has reportedly made a pre-IPO bid for Skype, aiming to bolster its market position against Google's new Google Talk service.
