IPO

Facebook- Worth the Investment?

EBITDA, net income, revenues, users -- the numbers do not and will not lie.  After reviewing Facebook's S-1 filing with the SEC, there is no justification for a...
article placeholder

Maximizing Shareholder Value?

Maximizing shareholder value—a mantra made popular in 1976 by the most-cited academic business article of all time, Jensen and Meckling’s “Theory of the Firm”—i...
article placeholder

Skypes! The eBay IPO of Skype.

Synergy, a combination whose value is greater than the sum of the individual parts, danced like sweet business jargon through eBay’s corporate head when it acquired Skype in 2005. Indeed, former chief Meg Whitman paid $2.6 billion, or 43 times revenue, for its young telecommunications bride.