Line Corp IPO Cashes in on the Mobile Chat Revolution (LN)

Jul 14, 2016, 1:07 pm EDT
Line Corp IPO Cashes in on the Mobile Chat Revolution (LN)

Finally, the IPO market has come back to life. Today the chat operator Line Corp (ADR) (NYSE:LN) pulled off a convincing offering, with the stock up about 32%. This came after the company boosted the price range on the deal and priced the shares at the top end. Source: Via Line Corp

Good news for the underwriters, including Morgan Stanley (NYSE:MS), Goldman Sachs Group Inc (NYSE:GS), JPMorgan Chase & Co. (NYSE:JPM) and Nomura Securities. And the Line IPO likely means that — during the fall –we’ll probably see quite a bit more activity with public offerings.

But first, let’s take a deeper look at the company. Actually, the roots of Line go back to 2011 when Naver Corporation — which is a large Internet operator in Korea — built the app as a way to allow people to communicate in the aftermath of the horrific earthquake and tsunami in Japan. The core functions included text, voice and even video calls. And of course, there was no charge. Read 

Why Twilio Inc (TWLO) Stock Is Surging Today

Jul 13, 2016, 11:35 am EDT

Twilio Inc (NYSE:TWLO) stock was up on Wednesday after news of Coatue Management’s stake in the company.

A filing with the U.S. Securities and Exchange Commission revealed that the company has a 6.25% stake in Twilio. Coatue Management is a tech hedge fund operated by Philippe Laffont.

Twilio’s strong growth comes during a time when IPOs are having trouble. This has resulted in some companies choosing to remain private. The startup also announced that it will be releasing its first earnings report as a publicly-traded company on Aug. 8. reports Insider Monkey. Read 

Hostess Brands IPO: Should You Invest in Twinkies?

Jul 5, 2016, 11:44 am EDT
Hostess Brands IPO: Should You Invest in Twinkies?

Hostess Brands — the company behind Twinkies, Ding Dongs, Zingers and other American snack favorites — looks like it’s going to make the initial public offering market just a little bit sweeter. According to a report in the Wall Street Journal, a Hostess Brands IPO looks to be in the works that would value the company at $2.3 billion (including debt).

The path of the Hostess IPO has been downright amazing. The company has filed for Chapter 11 bankruptcy protection twice — once in 2004, and again in 2012.

Still, private equity firms Apollo Global Management LLC (NYSE:APO) and C. Dean Metropoulos & Co. saw opportunity in Hostess Brands — and why not? It’s extremely difficult to establish consumer brands with the same heft as Hostess, whose roots dig all the way back to 1919. Read 

Twilio IPO: Should You Buy TWLO Stock?

Jun 23, 2016, 11:53 am EDT
Twilio IPO: Should You Buy TWLO Stock?

The Twilio Inc (NYSE:TWLO) IPO kicked off with a pop Thursday. But this offering might not just be an exciting opportunity down the road — it could be a turning point for the IPO market.

Twilio — a cloud communications company that allows users to make phone calls and send texts over web service APIs — is up big today. The Twilio IPO priced at $15, which was above an initial trading range of $12 to $14 for TWLO stock — then proceeded to surge 70% after hitting the market.

But now that mom-and-pop investors have a shot at buying the Twilio IPO … should they? Read 

Camping World IPO: 5 Things to Know

Jun 13, 2016, 3:10 pm EDT

The Camping World IPO (initial public offering) will be a reality soon. Source: Wikipedia

The RV manufacturer has experienced a surge in revenue that has helped it move up to a publicly-traded company. Here are five things you need to know about the Camping World IPO:

    The company reached revenue of $3.33 billion in 2015, marking a 25% increase compared to the year before. Profit amounted to $178.5 million last year. Camping World will trade under the stock symbol CWH. It is unclear which market it will trade under. There will be three classes of common stock.

The RV provider has about 3.1 million active customers. Read 

Line Corp.: 2016’s Biggest Tech IPO Gears Up

Jun 6, 2016, 1:45 pm EDT
Line Corp.: 2016’s Biggest Tech IPO Gears Up

While there are some signs of life with tech offerings, the overall activity is still fairly meager. Only three deals have been made this year (and none have come from Silicon Valley). So what can turn things around? Well, perhaps the answer will come from Japan.

According to a report in the Wall Street Journal, it looks like Line Corp. may soon pull off an initial public offering, which could raise anywhere from $2 billion to $3 billion. By comparison, no U.S. tech IPO has raised more than $150 million in 2016.

OK, you haven’t heard of Line? Granted, the company’s presence in the U.S. is small, but the company, a subsidiary of Naver Corporation (a Korean search engine giant), has built a strong mobile social network in Japan, Taiwan, Thailand and Indonesia. Services include calls, messaging, streaming music and games. Read 

1 2 3 242