HomeAway Valued at $2.15 Billion in IPO

HomeAway’s underwriters priced the company’s IPO late today at $27 a share, putting it at the high end of its range. The online vacation rental company, which raised $216 million in the offering, is now valued at $2.15 billion, reports the WSJ.

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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus