Zulily to Price IPO at $16-$18 a Share, Valuing Deals Site at About $2 Billion

Cash image copyright Julia Ivantsova Discount shopping site Zulily said in an SEC filing today that it is looking to price shares during its upcoming IPO at $16 to $18. With the company offering 6,377,500 shares, Zulily would raise just shy of $115 million if it priced at $18 a share. That price would also … Continue reading

Ahead of July Filing, Twitter IPO Designed as “Less Anti-Facebook Than Anti-Old-Twitter”

Did you know Twitter actually filed its IPO documents in mid-July? Or that an investment firm run by Suhail Rizvi will be one of the bigger shareholders listed when its regulatory documents go public? Or that the float for the IPO will be much smaller than Wall Street expects, because few current investors are selling … Continue reading

Cloud Phone Service RingCentral Files for $100 Million IPO

RingCentral, the cloud-based phone service for businesses, just filed for an initial public offering with the U.S. Securities and Exchange Commission. It has proposed using the ticker symbol RNG. While the valuation and offering price haven’t yet been determined, the company’s filing has a detailed look at its finances and who owns what. Its biggest … Continue reading