Will Skype come public? Did you know they had more users than Facebook, MySpace and Twitter combined?
IPO
Hot Links: IPO Culture, Rice Prices, Series 7 & the iPhone Cheese Dock
Stuff I’m Reading this Morning… Kedrosky on 2010’s return of the IPO culture. (InfectiousGreed) Robyn Meredith on China’s 2010 commodity appetite: “Watch the price of rice.” (Forbes) Quentin Hardy: In 2010 the internet will break, but something better will replace it. (Forbes) New Bank of America chief has no Series 7 or Series 24 license. …
Dear Private Equity People: Too Soon Guys, Too Soon
I wrote about 2 IPOs recently that I felt were hideous in their capital structure and pointless for investors based on their use of proceeds. One of those deals, The Dole Food Company (DOLE), had its debut yesterday and for pretty much the reasons I outlined, The Street’s reception was similar to what Michael Richards…
The Return of the Why-P.O.
Why? Because the capital markets will support it, that’s why. We’re starting to see something I had hoped would be further down the pike during this economic recovery cycle: The Return of the Why-P.O. What in tarnation is a Why-P.O. you ask? It’s an IPO so pointless for investors to be involved with that you…
When the Banks Bailed Out America
As a result of the 2008-2009 credit crisis, the United States government has committed over $700 billion to bail out the banks in order to stem the tide of systemic meltdown. As the populace rages about these rescues and how the banks themselves have chosen to use these funds, it is important to remember that…
A Footrace to Zero: Heelys vs Crocs!
[vodpod id=Groupvideo.2297214&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] Oh boy, this is one ugly race, with the finish line possibly being bankruptcy for both participants. I never owned a pair of either Heelys or Crocs and never will. Its not that I don’t get sucked into fads every now and then (I rocked a yellow LIVESTRONG bracelet throughout most of 2003-2004)…
Graduating in a Bear Market? Wall Street's Not Hiring.
With graduation approaching for the Class of 2009, college seniors are scrambling to find jobs by the spring. Let’s hope they don’t have their hearts set on Wall Street. By the time the big unwind is through, Wall Street (and peripheral sectors) will probably have lost more than a quarter of a million jobs. Unlike ’87 or ’01-’02, most of these jobs won’t be coming back.
