• The Facebook distribution dilemma

    Facebook is unlocked. So who held, and who sold?

    FORTUNE -- Approximately 271 million shares of Facebook (FB) stock were "unlocked" yesterday, under a provision that had prevented certain investors from selling shares until 90 days after the company went public. And, as happens after most lockup expirations, Facebook took a tumble – down 6.27% to finish trading at $19.87 per share. For context, the IPO price on May 18 had MORE

    - Aug 17, 2012 9:53 AM ET
  • Yammer VC: "Most meaningful success in my career"

    Early Yammer investor discusses $1.2 billion sale to Microsoft.

    FORTUNE -- Microsoft (MSFT) today made official what we've all known for weeks: It has agreed to acquire Yammer, the San Franicsco-based enterprise social networking company, for $1.2 billion in cash.

    After the deal was formerly announced, the following tweet popped up from George Zachary, who led the original investment in Yammer for Charles River Ventures:

    That's a big claim, considering that Zachary has been a MORE

    - Jun 25, 2012 3:14 PM ET
  • Where is Microsoft's Yammer announcement?

    Is Microsoft-Yammer still happening?

    FORTUNE -- It's been nearly a week since word first leaked that Microsoft (MSFT) has agreed to acquire Yammer, the San Franicsco-based enterprise social networking company that many had viewed as a 2013 IPO candidate. So where's the announcement?

    This isn't the sort of thing that Microsoft could, or would want to, keep under wraps. The deal reportedly is worth around $1.2 billion, and helps Microsoft fill a large MORE

    - Jun 19, 2012 4:32 PM ET
  • Fortune 500: The year of living profitably

    America's biggest companies smashed records for earnings in 2011. Too bad the party can't last.

    FORTUNE -- Given the sluggish recovery and a strapped consumer, you'd expect to see corporate America trudging along, not racing for glory. In fact, the Fortune 500 are thriving as a group. Unlike the U.S. economy, they've shown quicksilver agility, rapidly shifting their product mix and producing more goods at little new cost. This nimbleness belies MORE

    - May 7, 2012 12:00 PM ET
  • Why Instagram is worth $1B to Facebook

    By Don Dodge, contributor

    Facebook yesterday announced that it will pay $1 billion to acquire Instagram -- a company that is less than two years old, has no revenue and about a dozen employees. Remember, acquisitions are about what the acquirer can do with the company in the future, not some multiple of revenues or profits today. So why is Instagram worth $1 billion?

    Facebook acquired Instagram for about $30 per user, or $1 billion. ($30/user X MORE

    Apr 10, 2012 9:56 AM ET
  • Yahoo's suitors: The good, the bad, the ugly

    The question isn't who is exploring a Yahoo deal, it's who isn't. Here's a rundown of the latest rumors, and what does and doesn't work about their potential deals with the struggling company.

    FORTUNE -- While Jerry Yang may not believe that Yahoo is on the auction block, the Wall Street Journal is full of reports that there are companies and private equity firms preparing to swallow up the battered, bruised, MORE

    - Oct 24, 2011 10:47 AM ET
  • Can Silver Lake afford Yahoo?

    Private equity is circling Yahoo. Does it have enough money?

    There have been several reports this week that private equity firms Silver Lake Partners and Andreessen Horowitz may offer to buy Yahoo (YHOO), the oft-troubled Internet company that has been particularly rudderless since firing its CEO last week.

    The two firms most recently teamed up to buy a majority stake in Skype from eBay (EBAY), and then quickly turned around and sold MORE

    - Sep 16, 2011 1:44 PM ET
  • Skype: See no vesting, hear no vesting

    Last week, Skype took heat for firing three executives just weeks before the company's $8.5 billion acquisition by Microsoft (MSFT) is expected to close. That was bad, albeit more optical than unethical. What we learned today, however, might have crossed that line.

    Yee Lee, a former Skype employee, charged the company and its private equity investors with effectively cheating him out of vested options. Not in court papers, but via his blog.

    Lee MORE

    - Jun 24, 2011 3:49 PM ET
  • More cold water on Microsoft-Nokia 'deal'

    Is Microsoft about to buy Nokia's mobile unit for $19 billion? No, according to a senior source familiar with the situation (not to mention public denials from Nokia CEO Stephen Elop and PR reps for both companies). On the other hand, maybe Microsoft should take a run at Twitter...

    On Tuesday, a Russian tech blogger named Eldar Murtazin tweeted the following:

    Murtazin has some credibility from past tweets about the Microsoft (MSFT) and Nokia (NOK) MORE

    - Jun 2, 2011 11:06 AM ET
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  • Einhorn and the underdogs

    First Microsoft, now the Mets. The Greenlight Capital founder is supporting the teams that no one loves. 

    FORTUNE -- This year, David Einhorn is throwing his money behind the underdog.

    By the end of next month, the founder of hedge fund Greenlight Capital will trade $200 million for a minority stake in the New York Mets, the Major League Baseball team that lives in the shadow of the Yankees and that has missed MORE

    - May 26, 2011 12:21 PM ET
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