The 10 Biggest Internet IPOs
With more than 900 million active users globally, it’s no surprise that Facebook’s initial public offering became the most highly anticipated deal of this generation. On Thursday, the company priced its IPO at $38, raising $16 billion and making it the biggest Internet-related IPO in history. At $38, the company is valued at a remarkable $104 billion. So, just how historic is Facebook’s IPO compared to other internet-related deals?Click ahead to find out.
By Gennine Kelly and Jesse Bergman
@GKellycnbc and @JBergmancnbcUpdated 4 May 2012
10. LinkedIn (LNKD)
IPO value: $406 million
Offer price: $45
Pricing date: May 18, 2011
Performance since IPO: 67%
Market cap (1/31/12): $7.09 billion
9. Savvis Communications
IPO value: $408 million
Offer price: $24
Pricing date: Feb. 14, 2000
Performance since IPO: N/A*
Market cap (1/31/12): N/A*
*Savvis was bought by Century Link in 2011.
8. Orbitz Worldwide (OWW)
IPO value: $510 million
Offer price: $15
Pricing date: July 19, 2007
Performance since IPO: -75%
Market cap (1/31/12): $372.44 million
7. CompuServe
IPO value: $552 million
Offer price: $30
Pricing date: April 18, 1996
Performance since IPO: N/A*
Market cap (1/31/12): N/A*
*CompuServe was acquired by AOL in 1998.
6. Vonage Holdings (VG)
IPO value: $531 million
Offer price: $17
Pricing date: May 23, 2006
Performance since IPO: -86%
Market cap (1/31/12): $553.74 million
5. Groupon (GRPN)
IPO value: $805 million
Offer price: $20
Pricing date: Nov. 3, 2011
Performance since IPO: -1.9%
Market cap (1/31/12): $12.60 billion
4. Zynga (ZNGA)
IPO value: $1 billion
Offer price: $10
Pricing date: Dec. 15, 2011
Performance since IPO: 3.9%
Market cap (1/31/12): $7.11 billion
3. Genuity
IPO value: $1.91 Billion
Offer price: $11
Pricing date: June 27, 2000
Performance since IPO: N/A*
Market cap (1/31/12): N/A*
*Genuity was bought in 2003 by Level 3 Communications (LVLT) after the company (Genuity) petitioned for Chapter 11 bankruptcy protection.
2. Google (GOOG)
IPO value: $1.92 billion
Offer price: $85
Pricing date: Aug. 18, 2004
Performance since IPO: 580%
Market cap (1/31/12): $187.62 billion
1. Facebook (FB)
IPO Value: up to $18.4B
Offer Price: $38
Pricing Expected Date: Expected May 17, 2012
Performance since IPO: N/A*
Market Cap: N/A*
Facebook began trading May 18, 2012 on the Nasdaq under the symbol “FB”. Source: Facebook SEC filing