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Zillow Shares Double After IPO

Shares of real-estate website Zillow more than doubled on its first day of trading, giving the unprofitable Internet company a valuation of more than $1 billion.

 

What recession? It's boom time again in Silicon Valley

What recession? It's boom time again in Silicon Valley

Investors pile into Internet IPOs and start-ups, making overnight millionaires. House prices and salaries soar. Another dot-com bubble? Maybe, but with differences. As she unloaded groceries in the driveway of her Palo Alto home, Lisen Stromberg was approached by a real estate broker who asked whether she'd be willing to sell her five-bedroom house to a senior Facebook executive.

 

New Rules for the New Internet Bubble

Rules for building a company in 2011 are different than they were in 2008 or 1998. Startup exits in the next three years will include IPO’s as well as acquisitions. And unlike the last bubble, this bubble’s first wave of IPO’s will be companies showing “real” revenue, profits and customers in massive numbers...

 

The real deal? Groupon files for public offering

The real deal? Groupon files for public offering

Daily deals site Groupon Inc filed for an initial public offering, hoping to capitalize on the biggest investor stampede into Web start-ups since the dotcom bubble burst a decade ago.

 

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