Voices

Some Facebook Underwriters Helped Short Sellers

As traders at Morgan Stanley were frantically trying to shore up Facebook Inc.’s share price following the company’s initial public offering, other managers on the deal were helping short sellers bet that the newly minted stock would fall.

Will Mr. Zuckerberg Have to Go to Washington?

Can Congress resist a juicy Facebook IPO hearing? (Of course not — it’s an election year, people!)
Mr Smith Goes to Washington 4

Voices

Investors File Suit Against Facebook, Underwriters

Three Facebook Inc. investors filed a civil lawsuit Wednesday in Manhattan federal court, alleging the company and its underwriters failed to properly disclose changes to analysts’ forecasts made at the underwriting banks.

Security Firm AnchorFree Lands $52 Million From Goldman Sachs

AnchorFree, maker of a popular VPN application, raises some serious capital.
anchorfree-logo-feature

News Byte

Viddy Raises $30 Million in Series B Financing Round

Social video application Viddy has raised $30 million in venture capital in a Series B round of financing, the company announced on Friday morning. Investors in the round include NEA Ventures, Battery Ventures, Goldman Sachs and Vinod Khosla of Khosla Ventures. The additional funds come after an initial $6 million Series A raised in February, which was led by Battery Ventures and included Qualcomm and Greycroft Ventures.

Exclusive: Workday Picks Its Bankers for a Fall 2012 IPO

Having started a search for bankers in December, Workday has settled on four who will take it through the IPO process, starting with an S-1 filing expected in mid-July.
Aneel Bhusri

Code Advisors Takes a $25 Million Investment From J.P. Morgan

Big and little investment banks join hands to take on Silicon Valley better.
CodeAdvisorsLogo-feature

Goldman Sachs: This Is the Beginning of a Big Year for Apple

Apple’s recent Wall Street losing streak hasn’t shaken Goldman Sachs’ faith in the company in the slightest.
Apple_Bull

News Byte

Analysts Give Yelp a Lukewarm Review

Now that Yelp’s quiet period has expired, analysts have started to issue their first report cards. The results are unanimous: Out of four reports issued by Jefferies, Citi, Goldman Sachs and Oppenheimer, there are zero buy recommendations, Forbes writes. But that’s because the company’s stock price, which has soared 72 percent since last month’s IPO, hovers near or above all of the analysts’ price targets. Today, the stock fell 38 cents, or 1.5 percent, to close at $25.43 a share.

How Will the JOBS Act Affect Tech IPOs?

The JOBS Act makes it easier for some companies to stay private, reduces regulatory burdens associated with U.S. IPOs, and may move away from secondary markets for private companies.
JOB3

Apple Unveils Cash Plan Monday Morning

Is Facebook IPO on Track for May?

RIM Rumors Resurface