tech ipo

Two Big Tech IPOs, Two Big Profit Fibs Revealed

The last month has signaled the rebirth of the market for web IPOs. Facebook’s private offering set the tone, although the social networking company probably won’t go public for another year.

But investors eagerly snapped up shares of “content farm” king Demand Media Wednesday. Then on Thursday LinkedIn, the smaller, more professional social network, made Read More

Money making

Demand Media Jumps 35 Percent in IPO

Shares of Demand Media, the content-farming company with unconventional accounting practices, rocketed 35 percent higher following the company’s initial public offering this morning. 

From Fortune:

The offering included 8.9 million shares, with Demand selling 4.5 million shares at $17 per share. Existing shareholders sold another 4.4 million shares–a last-minute boost over the 3 million Read More