Demand Media Clears SEC and Prices IPO

Demand Media is set to go public, according to an amended filing with the Securities and Exchange Commission, with shares priced from $14 to $16 each. The online publisher could sell up to 8.625 million shares and, if it prices at the top of the range, it could be worth about $1.3 billion and raise $138 million.

Demand Media's IPO–Which Won't Happen Until After the New Year Now–Depends on How It Accounts for Content

Demand Media’s latest amended regulatory filing for its IPO–which will now be taking place in 2011–gives investors greater detail about how and for how long the company accounts for its content costs. Apparently, pushing the envelope in content creation seems to also mean pushing it in accounting for it too.

Cisco Shareholders Scramble for Sick Bags

If “air pockets” are to blame for Cisco’s weaker-than-expected outlook, then how shall we refer to the stock’s nosedive today? A sudden downdraft? Or, given its brutality, perhaps a squall line.

Voices

The Case for the Fat Start-Up

Much has been written and said about the current economic downturn and the resulting lessons on how to run high-technology companies. Quite famously, Sequoia Capital, the premier venture capital firm in Silicon Valley, held a mandatory all-CEO meeting in fall 2008 during which it advised them to “Cut spending. Cut fat. Preserve capital.”

Alcatel-Lucent: Let's Get Small

Alcatel-Lucent, the world’s largest maker of telecommunications equipment, won’t be quite so large come 2009. This morning the struggling Franco-American network supplier said it plans to sack 1,000 managers and 5,000 contractors in a bid to bring down costs.

Alcatel-Lucent: Let’s Get Small

Alcatel-Lucent, the world’s largest maker of telecommunications equipment, won’t be quite so large come 2009. This morning the struggling Franco-American network supplier said it plans to sack 1,000 managers and 5,000 contractors in a bid to bring down costs.

CircuitBuster Would Merge Failure With Fiasco

Wow. Blockbuster is completely out of ideas, isn’t it? This morning the foundering movie rental chain went public with its bid to acquire ailing retail consumer-electronics chain Circuit City. In a Feb. 17 letter to Circuit City CEO Philip Schoonover, Blockbuster (BBI) offered to pay more than $1 billion for the chain. But, to date, [...]