ipo - Internet Marketing News and Blogs

Financial comparison website has been valued at £1bn in advance of the planned share offering on July 31.

The FT reports that Moneysupermarket plans to sell around 40% of the company's shares to pay off debts and release capital. Shares will be priced at between 170p and 210p.

There is plenty of speculation around that Facebook is preparing for an IPO, which has been fueled by Facebook advertising for a Stock Administration Manager.

In addition, Mark Zuckerberg's sister Randi Jayne, who also works for Facebook, has recorded a video trashing the competition. That this has been taken down at Facebook's request has added to the IPO speculation.

Business network LinkedIn is reportedly gearing up for a possible IPO that would make it one of the first social networks to go public.

Reuters reports that the move could happen as early as next year, thanks to the company's rapid growth - its membership has doubled to almost 12m in the past nine months.

Business social networking service OpenBC, a Teutonic version of LinkedIn, has announced that it has raised €35.7 million in an IPO. Its market cap is about €157 million.

OpenBC, which is rebranding as Xing, has around 1.5 million members, and was able to boost its revenues year-on-year from €1.6 million to just under €6 million at the end of the last fiscal year.

Infamous dotcom banker Frank Quattrone has cut a deal with the US government to end his three-year prosecution for obstruction of justice.

Is London’s Alternative Investment Market (AIM) the new Nasdaq? This is the question being asked in the US by VC’s such as Charley Lax, of GrandBanks Capital.

The figures speak for themselves. Last year some 519 companies sought a listing on AIM, while there were just 45 IPOs on the Nasdaq.

Why is this happening? The Nasdaq is a larger market, so wouldn’t that be a better place for many VC-backed US companies?