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October 13, 2012 04:16 am GMT
Congratulations, Workday. Its share popped 74% when it IPO'd today. Or should I say condolences? $470 million ended up in the pockets of investors instead of the cloud startup's war chest.Meanwhile, Facebook is called a flop for filling its coffers with $10 billion by pricing shares at nearly twice its current value. This all begs the question, how should Silicon Valley define a successful IPO?
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/7TqBV_HRy9A/
Defining A Successful IPO: $FB Flopped Yet Workday Wins By Handing $470M To Investors?
Congratulations, Workday. Its share popped 74% when it IPO'd today. Or should I say condolences? $470 million ended up in the pockets of investors instead of the cloud startup's war chest.Meanwhile, Facebook is called a flop for filling its coffers with $10 billion by pricing shares at nearly twice its current value. This all begs the question, how should Silicon Valley define a successful IPO?Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/7TqBV_HRy9A/
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