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Facebook will pay its IPO underwriters one fifth of the average rate, says source

thenextweb.com
Facebook could be set to retain a significant amount of its initial public offering, after a source close to the deal claimed that the firm will pay its underwriters a fee of just 1.1 percent of the deal, according to a Bloomberg report. Wall Street firms usually expect payment of...
Facebook will pay its IPO underwriters one fifth of the average rate, says source

Check Out Megaupload Hacker Kim Dotcom's Deranged Flash Movie 'Kimble, Special Agent'

www.businessinsider.com
Thought Megaupload czar Kim Dotcom was weird before? Wait until you see this. Wired unearthed a truly strange flash video Dotcom made back in the days he went by his hacker alias, Kimble. It's called "Kimble Special Agent," and it shows an animated, skinny version of Dotcom driving a...
Check Out Megaupload Hacker Kim Dotcom's Deranged Flash Movie 'Kimble, Special Agent'

Meet the Bitcoin Millionaires

www.businessweek.com
Early adopters of the virtual currency are suddenly rich...
Meet the Bitcoin Millionaires

Booting Up: All Facebook Everything

betabeat.com
You know who. (Photo: flickr.com/prospere) Facebook's 421,233,615 shares are opening at $38 each [Facebook] Who's getting paid today? [Fortune] A picture of a Facebook share [Business Insider] Facebook had a wacky hackathon last night! [VentureBeat] How will Europe ever build the next Facebook? [New York Times] Hong Kong trading platform...
Booting Up: All Facebook Everything

Facebook Will Make The Fortune 500 Faster Than Any Company Ever

www.businessinsider.com
Fortune revealed today that Facebook made the Fortune 500 earlier in its life than any other company. From the report: Given the company's 2011 earnings reported in its S-1, the tech giant is still expected to land safely in the 400 to 415 range ranking among Fortune 500 companies. If that...
Facebook Will Make The Fortune 500 Faster Than Any Company Ever

PHOTOS: Millionaires, Billionaires, And Hangers On Swarm Sun Valley

www.businessinsider.com
It's that time of the year. Millionaires, billionaires, their families, and a few other people hoping to join the group are swarming Sun Valley, Idaho for investment bank Allen & Co.'s annual retreat. We've grabbed photos of some of the people so you can see which power players on hand...
PHOTOS: Millionaires, Billionaires, And Hangers On Swarm Sun Valley

Yes, We Actually Changed Our Logo To Zuck (A Facebook IPO Round Up)

techcrunch.com
Facebook put the “sexy” in S-1 today, with its IPO filing basically DDoSing the SEC’s site and eventually Scribd this afternoon. Because it drives massive amounts of traffic we are genuinely interested, we covered it a lot on the site and even changed our logo to Zuck’s face, a move which...
Yes, We Actually Changed Our Logo To Zuck (A Facebook IPO Round Up)

Creative Destruction Sometimes Leads to Sabotage and Suicide

blog.tmcnet.com
While Silicon Valley welcomes the fantastic news of a Facebook IPO today and the countless millionaires it will create it is worth reflecting on creative destruction thriving in the business world where new generations of companies win at the expense of the old. In a way the iPad is the...
Creative Destruction Sometimes Leads to Sabotage and Suicide

10 Startups To Bet Your Career On

www.businessinsider.com
When you learned that Facebook's IPO would produce more than 1,000 millionaires, admit it — you were jealous. All of those employees hit the startup jackpot. Predicting which early stage startup will become the next Google or Facebook is impossible. But if you are ready to take a career...
10 Startups To Bet Your Career On

A 28 Year-Old Facebook Cofounder Just Bought A 100 Year-Old Company

www.businessinsider.com
Facebook cofounder Chris Hughes has purchased The New Republic, a magazine that's almost 100 years old and has been struggling to be relevant. It's not exactly the sort of purchase you'd expect from a 28-year-old tech mogul, but he says he's hoping to produce a high quality magazine with...
A 28 Year-Old Facebook Cofounder Just Bought A 100 Year-Old Company

Ed Miliband taunts George Osborne as #downgradedchancellor

www.guardian.co.uk
Labour leader mocks chancellor in opposition response to budget claiming Britons are worse off after string of broken political promises and missed fiscal targetsEd Miliband condemned George Osborne on Wednesday as a "downgraded chancellor", saying the country is now "worse off" than when the coalition was formed nearly three years...
Ed Miliband taunts George Osborne as #downgradedchancellor

Steve Jobs' Wife Bought A House In Sun Valley (AAPL)

www.businessinsider.com
Laurene Powell Jobs, wife of Steve Jobs, has purchased a home in Sun Valley, Idaho, the New York Post reports. Sun Valley is where investment bank Allen & Co. hosts its annual tech and media mogul conference/retreat. It's also a nice little town. Steve Jobs wasn't a regular at the...
Steve Jobs' Wife Bought A House In Sun Valley (AAPL)

Facebook Reorg May Pave The Way For More Acquisitions

www.businessinsider.com
Mike Brown, director of corporate development at Twitter, thinks that Facebook's recent reorganization was done to make acquisitions easier. Brown was Facebook's corporate development manager in charge of talent acquisition for two years. Back in December, after Brown left, Facebook announced its reorganization to focus on key products with integrated...
Facebook Reorg May Pave The Way For More Acquisitions

Facebook's IPO Will Make These People Millionaires And Billionaires

www.businessinsider.com
Facebook's IPO is going to create a thousand millionaires. The top executives at Facebook, and its investors, are getting an unbelievable payout. We've heard reports of a valuation ranging between $75 billion and $100 billion. We've assembled a list of the top shareholders, and how much their stakes are worth....
Facebook's IPO Will Make These People Millionaires And Billionaires

To Angel or LP: Investing Guide for New Tech Millionaires

www.hunterwalk.com
Facebook's S-1 caps an amazing last few quarters of tech wealth creation with LinkedIn, Zynga, Groupon and Pandora going public and small/medium acquisitions continuing to occur at a healthy pace. Many of these new millionaire employees will likely become angel investor hobbyists, using their wealth to kickstart the next generation...
To Angel or LP: Investing Guide for New Tech Millionaires

It's Easier For This Startup Champ To Find Engineering Talent Outside The Valley

www.businessinsider.com
Wences Casares is a serial entrepreneur from Patagonia, Argentina. Before starting Lemon, a company that stores your receipts and makes transactions more transparent, Casares co-founded Bling Nation and Lemon Bank, a Brazilian retail bank for poor. He also started Wanako Games and Patagonia. He's had over a billion dollars...
It's Easier For This Startup Champ To Find Engineering Talent Outside The Valley

Helping others to achieve greatness as I attempt a bit of my own

www.avc.com
Like many of my friends and colleagues, I was touched by this heartfelt post by Dave McClure yesterday. This part really rings true to me: and so here I am: still standing in the arena, in hand-to-hand combat with demons mostly of my own making, aiming to make a small...
Helping others to achieve greatness as I attempt a bit of my own

Here's Everything You Need To Know About Facebook's Coming IPO

www.businessinsider.com
Good morning! Facebook finally filed for its initial public offering earlier this week. We've been all over the news and have a ton of stories. Here's our complete breakdown of the IPO: Facebook's entire business, in a series of charts. Facebook CEO Mark Zuckerberg will owe $1.5 billion in...
Here's Everything You Need To Know About Facebook's Coming IPO

Here's Where All That Talent Leaving Apple Ends Up (AAPL)

www.businessinsider.com
Why wouldn't you want to work at Apple? Your products are used by millions of people every day and you're basically responsible for a technology revolution. And yet, Apple has still lost thousands of employees, according to data from LinkedIn. We did a search on LinkedIn for Apple, using...
Here's Where All That Talent Leaving Apple Ends Up (AAPL)

How Technology Is Empowering Teachers, Minting Millionaires, And Improving Education

techcrunch.com
Thanks to the rise of in-classroom technology, the focus in education tends to be on student engagement and how to improve learning. It becomes easy to forget the importance of great teachers. Startups, entrepreneurs, businesses (and the rest) need to remember that technology doesn’t have to put teachers in jeopardy;...
How Technology Is Empowering Teachers, Minting Millionaires, And Improving Education

Three Out Of Facebook's Five Co-Founders Own Less Than 5% Of The Company

www.businessinsider.com
Eduardo Saverin, Chris Hughes and Andrew McCollum — three co-founders of Facebook — are mysteriously absent from Facebook's S-1 filing with the Securities and Exchange Commission. They are all co-founders of Facebook, but don't appear to own more than 5 percent of the company. That's compared to co-founder Dustin...
Three Out Of Facebook's Five Co-Founders Own Less Than 5% Of The Company

Now Facebook Employees Have Had Their $3.1 Billion Stock Payday, Will They Quit Or Keep Hacking?

techcrunch.com
Silicon Valley might be in for a big weekend. The Giants won the World Series. Oh, and quite a few new Facebook millionaires were minted. The social network’s employees got a $3.1 billion bonus this week as their restricted stock units turned into shares they can actually sell. COO Sheryl...
Now Facebook Employees Have Had Their $3.1 Billion Stock Payday, Will They Quit Or Keep Hacking?

AFTER FACEBOOK: 11 More Tech IPOs We're Looking Forward To

www.businessinsider.com
Facebook finally filed to go public last week. It took the company 8 years, 850 million users, and $1 billion in annual profits before it was finally ready to pull the trigger. With such a long buildup, there was bound to be a bit of a letdown when it...
AFTER FACEBOOK: 11 More Tech IPOs We're Looking Forward To

Report Suggests Some Of Instagram's New Millionaire Employees Felt 'Slighted' By Its Billion Dollar Sale To Facebook (FB)

www.businessinsider.com
Facebook has officially bought Instagram. Now what? Over on TechCrunch, ace Facebook reporter Josh Constine says he expects to see a number of Instagram's twelve or so employees flee Facebook as soon as they can. He says he's heard that some of Instagram's employees "felt somewhat slighted" when the startup sold...
Report Suggests Some Of Instagram's New Millionaire Employees Felt 'Slighted' By Its Billion Dollar Sale To Facebook (FB)

Yelp Sets The Price Range For Its IPO And It's Overvalued (YELP)

www.businessinsider.com
Yelp is set to start trading on the public markets on March 2, Dow Jones reports. It plans to raise $100 million in its IPO, and it set a price range of $12-$14 for its shares, giving it a valuation of ~$800 million. At that valuation, the company is...
Yelp Sets The Price Range For Its IPO And It's Overvalued (YELP)

Zynga's Shares Are Skyrocketing After Facebook Revealed Its Addiction To Farmville (ZNGA)

www.businessinsider.com
Zynga's shares shot up as much as 20 percent in trading today, a day after Facebook revealed 12 percent of its revenue comes from the social gaming maker. Facebook gets a huge chunk of its revenue from advertisements purchased by Zynga and from transaction fees on Zynga's virtual goods....
Zynga's Shares Are Skyrocketing After Facebook Revealed Its Addiction To Farmville (ZNGA)

SWEET RIDE: Tech Millionaires And Billionaires Zip Around In These Cars

www.businessinsider.com
Everyone needs a set of wheels to get from point A to point B. After reviewing sites like BornRich, The L.A. Times and CNET, we found the kind of cars rich tech moguls drive vary from extremely modest to ridiculously expensive. Some choose to be flashy in $100,000 electric sports cars while...
SWEET RIDE: Tech Millionaires And Billionaires Zip Around In These Cars

Dustin Moskovitz: There's A Good Reason Facebookers Are Dominating Valley Startups

www.businessinsider.com
Facebook employees seem to have a special knack for founding successful startups these days. We've called it the Facebook mafia. We asked one of the most famous ex-Facebookers about it: co-founder Dustin Moskovitz. (Moskovitz is currently kicking butt in a new startup, Asana, launched about six months ago.) His answer...
Dustin Moskovitz: There's A Good Reason Facebookers Are Dominating Valley Startups

Apple's Third Cofounder Explains Why He Left The Company After 12 Days (AAPL)

www.businessinsider.com
Ron Wayne could have been a part of history, instead he's a footnote. Wayne was a founding member of Apple with Steve Jobs and Steve Wozniak. But after just 12 days he changed his mind and backed away from the company losing out on a fortune. He decided to...
Apple's Third Cofounder Explains Why He Left The Company After 12 Days (AAPL)

JACK ABRAMOFF: Hell Yes Washington Is Corrupt -- It's Legalized Bribery!

www.businessinsider.com
The impact of money on politics in the United States is a hotly debated topic these days as tens of millions of dollars flow freely into the presidential election as a result of the Citizen United decision handed down by the Supreme Court. The high court's ruling allows individuals...
JACK ABRAMOFF: Hell Yes Washington Is Corrupt -- It's Legalized Bribery!
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