While it’s perfectly fine to be a small IT company, every Silicon Valley start-up dreams of having its own stock market launch. Look at Facebook. It was created in a basement by a group of students in 2004. This year, Facebook’s Initial Public Offering might raise the company $13 billion, putting its overall value between $77 billion and $96 billion.
It seems a lot, but being valued at around $100 billion is quite ordinary for large Tech companies.
But being listed is just the start of a long journey, that could take the value of the company sky-high, or promptly run it into the ground. Selling stocks fills company’s coffers, and buying stocks can make individual investors rich. So how much do you know about Tech stocks and shares?
And if you score well on that quiz, try some of our others.
Tesla retreats from pioneering gigacasting manufacturing process, amid cost cutting and challenges at EV giant
No skynet please. After the US, UK and France pledge human only control of nuclear…
Microsoft's AI investments continue in south east Asia, after investments in Japan, Malaysia, Indonesia, as…
New chapter for LastPass as it becomes an independent company to focus on cybersecurity, after…
US FCC seeks to ban Chinese telecom firms at centre of national security concerns from…
Two updates to Anthropic's AI chatbot Claude sees arrival of a new business-focused plan, as…