Daily Archives: April 25, 2012
Accel Sold Big Chunk Of Facebook Stock At $35 Billion Valuation
Sometime in the last week or so, we've heard from multiple sources, Accel Partners has sold very significant chunks of Facebook stock. So significant, in fact, that their ownership percentage has dropped to a point where they are no longer the largest venture shareholder in the company.
Prior to the sale they had somewhere around 10% of Facebook. They paid just…
Forget Facebook: Why Regular Joes Can't Invest in the Decade's Hottest IPO -- and Probably Shouldn't Try
Even after some disappointing news came to light in the company's latest public filing earlier this week, investors are jostling to get shares in Facebook’s epic debut in the stock market next month. Fuhgeddaboudit: Individual investors are unlikely to be able to buy Facebook shares before they start trading on the Nasdaq stock exchange.
There are three reasons for this: The big boys are at the front the line, you are at the back of the line, and there is no middle of the line.
Get Ready for June 11, iPhone and iPad Owners
This may be a minority viewpoint -- in fact, I'm positive it's a minority viewpoint -- but I get far more excited about new versions of Apple's iOS than I do about new iPhones and iPads. There's only so much Apple can do to reinvent hardware that will always consist of thin slabs of glass and metal, but the potential to improve iOS is infinite.
