Today's Billion-Dollar Start-Ups Should Be Thanking the Fed
The list of start-ups valued at over $1 billion just keeps getting longer, and not just due to the potential of their cool tech. They're also getting a big boost from the Fed.
The list of start-ups valued at over $1 billion just keeps getting longer, and not just due to the potential of their cool tech. They're also getting a big boost from the Fed.
The SEC has approved a Nasdaq proposal to create a $62 million fund to compensate those who lost money due to trading errors during Facebook's IPO. But who will benefit?
The Securities and Exchange Commission approves a plan to compensate market makers who lost money in last year's botched Facebook IPO.
Last year, Facebook went public and brought in record profits exceeding $1.1 billion. And yet, not only will the ubiquitous social network not be paying any taxes, it will be getting a huge tax break.
Investor uncertainty, the fiscal cliff debate, and the misadventures of some high-profile initial public offerings last year have led to a lack of new issues recently. But that's about to change.
If you'd told investors what was going to happen in 2012 and asked how the stock market would perform, few would have predicted a good year. But that's just what they got.
The U.S. stock market has been on a bull run since early 2009. At the same time, individual investors have been pulling billions of dollars out of stocks each year.
Facebook just keeps on getting bigger. Despite the negative emotions generated by its IPO, the leading social network revealed on Thursday that it now has more than a billion active monthly users.
Facebook hit a new low of $18.75 before bouncing back to $19.01 - down 4 cents in morning trading Monday. The stock has not surpassed its $38 IPO price since its first trading day.
Did you lose money on last month's Facebook IPO? How about on Groupon or Zynga? Perhaps something seemed a little off when you logged on to your brokerage account and either couldn't place an order or couldn't get confirmation that your order was placed? Congress couldn't care less.
After Facebook's belly flop of an IPO, the next major dot-com slated to go public -- popular travel website Kayak -- is slowing down. And its not just Kayak: Twitter, LivingSocial and several others are now in an IPO holding pattern too.
With a disappointing finish on Thursday, the stock market closed what was by some measures its worst month in two years. Over five dismal weeks, Facebook fizzled, a debt crisis in Europe loomed, and nobody was in the mood to buy.
A lot of ordinary investors lost money in the Facebook IPO. But the true tragedy relates to the crazy expectations that many people had about the IPO in the first place, and how it may impact their retirement planning.
The ongoing saga of Facebook's post-IPO tumble is a classic, Greek-style tragedy of hubris, epic overreach, and equally epic failure, and the media can't get enough of it -- even though large chunks of it are essentially fictional.














