Wednesday, July 1, 2009
LogMeIn: IPO Drought? Feh…
Earlier this week John Fitzgibbon, founder of IPOScoop.com, said that LogMeIn was an IPO “candidate that should blow the socks off people.” Looks like he was right.
Monday, May 25, 2009
The OpenTable Binge and Purge
For a company whose business is built on the recession-brutalized fine-dining industry, OpenTable’s IPO last week was impressive. Must have made for quite a windfall for the company’s larger investors. Especially those who took the opportunity to dump their stakes in their entirety.
Saturday, May 23, 2009
Weekend Update, 05.23.09
This Weekend Update is particularly exciting because of all the things happening here at All Things Digital. There is, of course, the upcoming D7 Conference, which promises to be more tech-extravaganza fun than a tweet from @sockington (if only half as cute), but this past week has also seen the launch of our very own iPhone app, meaning that ATD has gone mobile–smart news for your smartphone (we’re still working out potential taglines).
OpenTable Shareholders Apparently Booking Reservations in Empty Restaurants
Anyone who dismissed OpenTable’s IPO price of $20 as grossly overpriced has, in short order, been proven grossly mistaken. Shares in the online restaurant reservation company opened at $24.50 apiece, up 23 percent from its IPO price. As I write, they’re trading at $28.72 after topping out at $30–-more than double their original price range.
Monday, February 2, 2009
An OpenTable IPO? Yeah, Good Luck With That…
The market for initial public offerings has been all but boarded up by the financial crisis. The unemployment rate in the restaurant business is nearing 10 percent after what Cowen & Co. restaurant analyst Paul Westra describes as “one of the most brutal years in history for the restaurant industry.” And fine-dining sales are forecast to fall 12 percent to 15 percent in 2009. But restaurant reservation service OpenTable is filing to go public anyway.
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About John
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »
Ethics Statement
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
alt.misc
- Has Bell Invented the “Telegraph Killer”?
While the technology behind the Telephone is new, the design is reassuringly old-fashioned, reminiscent of a phrenologist’s horn or ear-candle in form. We found the experience far more comfortable than the one we had with the Telegraph.
- Godzilla’s Food, Exercise, and Dream Diary
12:58 AM: Breakfast: Two schools of fish from Tokyo Bay. Calories: 782,000. How I was feeling when I ate this: confused, irradiated, hating my size.
11:37 AM: Exercise: “Taxi Stomp” (alternating legs, for 30 blocks). Calories burned: 148,900,183. - Scenes From An Alternate Universe Where The Beatles Accepted Lorne Michaels’ Generous Offer
1983. The Beatles announce their first tour in thirteen years, but likewise announce that Michael Jackson will be going on tour with them as a one gigantic mega-concert event.
- The Golden Age of Video
Best video mashup ever.
- I’m not dead yet
A Facebook Memorial
- Pulp Fiction Audio Mix
Wow.
- A world without the Internet
Worth it for the Rickrolling photo alone.
- Google Wave Cinema: Pulp Fiction
Excellent.
- Dead Fly Art
Flughumor!
- Happy Birthday Monty Python …
… you vacuous, toffee-nosed, malodorous perverts
