Nasdaq Kicks Facebook IPO Tires

The Burrill Report submits: By Marie Daghlian

The CEO is among the Facebook executives pitching the social-networking giant to investors in New York, the first stop of cross-country roadshow before the firm's initial public stock offering.SAN FRANCISCO — Dressed in his trademark hoodie and jeans, Facebook Inc.

This story was interesting. In LinkedIn's first day of trading (LNKD), it more than doubled from the IPO price of $45/share, closing over $94/share. Approximately 10% of the shares of LinkedIn, valued at approximately $300M, were offered in the IPO.The spin is "Hooray for LinkedIn!" Actually, it's a disaster for pre-IPO shareholders. Do you see why?SPOILER SPACESPOILER SPACESPOILER SPACESPOILER SPACESPOILER SPACESPOILER SPACE

Renaissance Capital IPO Research submits: The US IPO market has been highly active so far this month with sixteen completed deals, and last week's flurry of filings indicates it shows no signs of slowing. A total of six companies have announced terms and timing for their upcoming IPOs.

One year ago tomorrow, social networking phenomenon Facebook went public in one of the most highly anticipated initial public offerings of the last decade. Leading up to the IPO, which valued the company at a whopping $104 billion — or 100 times earnings — the hype was intense. Facebook, market prognosticators predicted, would soar in the first day of trading, generating easy gains for the investors who rushed for a piece of the action.

North Korea is believed to have conducted a widely anticipated nuclear test Tuesday, following an earthquake that monitoring agencies around the globe said appeared to be unnatural. The South Korean Defense Ministry, which raised its military alert level after the quake, said it was trying to determine whether it was a test. Nuclear blasts can create tremors but they are distinct from those caused by natural earthquakes. A world nuclear test monitoring organization detected what it called an “unusual seismic event” in North Korea.

Eduardo Saverin, Facebook co-founder immortalized by his falling out with Mark Zuckerberg in the movie The Social Network, has renounced his U.S. citizenship ahead of the company's IPO.

By Greentech Media: By Eric Wesoff Four greentech IPOs are seemingly going to make it through the IPO gate in spring 2012. It's the biggest flurry of greentech IPOs in memory and serves to show the diversity of the greentech field.