Some of today’s top companies, may it be manufacturing today’s emerging technology or making the most popular websites, have stayed in the convention of focusing much of their efforts on growing and eventually being bought out by either a competitor or a tycoon who just wants to expand his hive of businesses. It wasn’t long ago that the investing community had an assurance that the IPO’s will reemerge. But on Friday morning, 18 May 2012, Facebook will change that.
Facebook has made an announcement and priced its initial public offering (IPO) at $38 a share. With this number, Facebook is giving itself a valuation of $104 billion, and raising a total of $18.41 billion.
Here, will give you some of the top Web IPO’s all time. Keep in mind that the list DOES NOT include Facebook. Not yet.
Standing at number 1 is the world’s most popular website and search engine giant, Google. It’s IPO date is 18 August, 2004 and has raised a cash total of $1.67 billion. Since its IPO, Google has increased its shares up to 481 percent. They’re today’s largest search company, and with that who knows when that number will stop increasing.
Next to Google is Russia’s largest search engine, Yandex. It raised a total of $1.3 billion during its IPO on 23 May, 2011. But unlike Google who are continually increasing its shares, Yandex shares are down to 43 percent since its IPO.
The third largest cash raised in an IPO was recorded on 15 December, 1999 when Infonet Services opened its doors to the investing community. It raised a total of $1.08 billion. However, the company no longer operates as a standalone company.
The game developer that gave us popular MMORPG’s like Dragon Nest SEA, Ragnarok Online, and Dungeons and Dragons online comes in next. Shanda Games earned $1.04 billion in its IPO in 24 September, 2009.
Zynga, the developer that gave us Mafia Wars and Farmville, has raised a total of $1 billion. Although shares were down since its 15 December, 2011 IPO, the company still looks good and is planning to release a sequel of the popular Farmville.
Another game developer follows suit with a total raise of $877 million. But sadly, since its IPO on 31 October, 2007, Giant Interactive’s stock lost 73% of its value.
The Chinese social networking site, Renren, stands firm in the list with a cash raise of $743 million. Its IPO date is on 3 May, 2011, but since then their shares are down to 63%.
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