Business & Tech Some Longtime Reddit Moderators Possibly Got Quite Rich Today Following the Company's IPO The long-awaited Reddit IPO happened Thursday afternoon, and shares in the company soared 48%, closing at $50.31 per share by the end of the day — well above the initial price of $34.
SF News Day Around The Bay: Uber Files For IPO, Shows $1.8 Billion In 2018 Losses Oakland Mayor Libby Schaaf won't be called in the Ghost Ship trial, Marine who went skiing solo in High Sierra six weeks ago still remains missing, and gas prices in SF hit $4.
SF News As Uber Preps Its IPO, Let's Stop Freaking Out About This Supposed Tidal Wave Of New Wealth Uber is expected to make its IPO filing public on Thursday, with an expected valuation of $90 billlion to $100 billion. Yes, those are big numbers, and some longtime employees are going to get quite paper-rich very soon. But this panic over all the pending IPOs needs to stop.
SF News Twitter Announces IPO ... Via Twitter Twitter has formally submitted their paperwork today for that rumored, inevitable IPO. In a tweet posted just minutes ago, the company writes, "We’ve confidentially submitted an S-1 to the SEC for a
SF News Facebook Earnings Not Impressive, Say Investors While Facebook continues to grow at a modest rate, Wall Street types were dismayed by the unimpressive rate of that growth in a new earnings report, sending the stock price tumbling yet again.
SF News Young Tech CEO Calls Facebook 'The Most Important Company Of Our Lifetime' Darian Shirazi — a former front-end software developer for Facebook who now runs Radius, a small-to-medium business sales intelligence company located here in San Francisco — talked to Bloomberg West recently. During the interview, the
