Investments
Jan. 25, 2011
Online Upstart's IPO Shows Demand Rising
With some of heavy-hitters in social media broadcasting their intentions to go public in 2011 and 2012, even the mid-sized Internet players like Demand Media seem to be getting a boost.
Daily Journal Staff Writer
With speculation swirling that heavy hitters in social media will go public in 2011 and 2012, even the mid-sized Internet players seem to be getting a boost.
First up is Demand Media, whose initial public offering is scheduled for this week, with the company looking to sell 4.5 million shares at about $15 each in hopes of raising $58.1 million.
Though relatively unknown compared to the...
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