I attended an investment group steak dinner on Monday night with the topic being “Investments in the Global Market”. I have been with this group for over 20 years and they have an excellent track record and the funds created have been very successful. The hot topic for the evening was the Alibaba initial public offering scheduled for sometime this fall and how to prepare for what might be the biggest tech IPO offering ever.
Alibaba IPO could be biggest ever
One of the world's fastest-growing Internet companies finally files its US initial public offering, seeking about $20 billion, reports speculate.
After years of anticipation, Chinese e-commerce giant Alibaba made history on Tuesday when it filed for an IPO that could be the biggest such offering the US has ever seen.
http://www.cnet.com/news/alibaba-files-for-ipo/
http://www.reuters.com/article/2014/...A450VV20140507
The company is expected to eclipse the amount Facebook raised in its IPO -- $16 billion, currently the most for an Internet public offering.
Media reports estimate that the company is seeking between $15 billion and $20 billion, or about a 12 percent stake of the company. If it exceeds the $19.1 billion raised by Visa in 2008, it would mark Alibaba as the largest IPO in US history.
Alibaba IPO could be biggest ever
One of the world's fastest-growing Internet companies finally files its US initial public offering, seeking about $20 billion, reports speculate.
After years of anticipation, Chinese e-commerce giant Alibaba made history on Tuesday when it filed for an IPO that could be the biggest such offering the US has ever seen.
http://www.cnet.com/news/alibaba-files-for-ipo/
http://www.reuters.com/article/2014/...A450VV20140507
The company is expected to eclipse the amount Facebook raised in its IPO -- $16 billion, currently the most for an Internet public offering.
Media reports estimate that the company is seeking between $15 billion and $20 billion, or about a 12 percent stake of the company. If it exceeds the $19.1 billion raised by Visa in 2008, it would mark Alibaba as the largest IPO in US history.
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