so konnte ich mir in Anlehnung an die nachstehende Meldung die Meldung beim Börsengang von Freeborders schon vorstellen. Das weiss der Shortseller auch und er haut daher Material raus, dass die Fetzen fliegen.
Chinese 'Google' IPO a win for Draper Fisher
Friday's initial public offering and huge run-up for Chinese search engine Baidu drew comparisons with the stock debut of Google and scored a big win for its largest investor, Bay Area venture capital firm Draper Fisher Jurvetson.
Recent Company News
» Draper Fisher Jurvetson
Latest News
» MicroDisplay hires new CEOaa
» Westbrook Partners opens San Francisco officeaa
» Bank of the West's premium wine team corks its largest dealaa
» Oracle buys Finnish open source companyaa
» Sears gets $450M for Orchard Supply Hardware stakeaa
More
» Companies in the News
» People in the News
Baidu launched its shares at $27 and saw them rise more than fourfold, closing its first day of Nasdaq trading at $122.54. That 354 percent increase represented the biggest first-day increase of a new stock since the heyday of the dot-com boom more than five years ago.
It gave the company, founded five years ago by a pair of U.S.-educated entrepreneurs, a market value of $4 billion.
That's for a company that earned a tiny $1.8 million profit on revenue of just $13.6 million in the first half of the year. But investors are clearly betting on the potential for growth in China, where only 100 million of its 1 billion-plus population use the internet. Even so, Baidu (pronounced 'by-doo') is already the world's sixth-most-visited web site.
Baidu's stunning IPO inevitably invited comparisons with Google -- a company which went public last year at $85, and has since risen to $292, giving it a market value of $85 billion. Perhaps that comparison will not disappoint Google's founders: Intrigued by the potential of China's largest search engine, Google paid $5 million last year for shares in Baidu, a stake that grew to $92 million in a few hours Friday.
An even big winner was Draper Fisher Jurvetson. The venture capital firm's 28 percent of Baidu is now worth more than $1 billion.
Das soll nicht heißen, dass wir mit Freeborders in ähnliche Großenordnungen kommen wie Baidu, obwohl Freeborders 50% mehr Umsatz in 2005 machen dürfte. Ein Zehntel der Marktkapitalisierung von Baidu's 4 Milliarden reicht für erste: 400 Millionen wäre dann die Hausnummer und der Anteil von Internet Capital 200 Millionen wert.
