IPOs

David Bonderman Is Thinking Things

Sure, he’s thinking about all sorts of things, just not too hard. Read more »

  • 02 Jan 2014 at 3:59 PM

Some Companies Went Public In London Last Year

Now that 2014 has opened with a thud, let’s reminisce about how great things were in 2013 for investment bankers in London. Read more »

Who cares about how much Blackstone made on the Hilton IPO? There are adorable penguins and otters puttering about at 345 Park! Read more »

Back in September, Fox Business asked a Twitter spokesperson if anyone at the company could “chat about IPO rumors.” The response was simply: “…”, which Team FBN took to as a confirmation that plans for an IPO were imminent. It’s unclear exactly what transpired behind the scenes between the business network and social media platform after that, but based on a the six and a half minutes of airtime FBN correspondent Charlie Gasparino and anchor Liz Claman just spent referring to Twitter CEO Dick Costolo as a “nasty,” “slimy,” “scheming nerd,” it seems fair to say their interactions were less than cordial! The clip really has to be seen to be believed but it includes:

* Gasparino: “Companies like Twitter are not altruistic, they’re not charities. They’re nasty, conniving, skeevy individuals who run these companies and they want to lure in as much dumb money as possible.”

* Gasparino: “Dan Costolo.” Claman: “Dick.” Gasparino: “George, I couldn’t care what the hell his name is.” Claman: “Yeah! ‘Cause he’s not talking to Fox Business, ’cause he’s scared!”

* Gasparino: “This guy is a nasty, skeeving, scheming nerd from Silicon Valley. He is! That’s my opinion!”

* Claman: “Somebody over there is hashtag-spineless. Hashtag, maybe it’s their PR department?” Gasparino: “Don’t blame the dumb flacks, you blame the skeevy, nerdy guy that runs the company.”

* Gasparino: “It’s a big circle something between Wall Street and Silicon Valley.”

* Claman: “Fox Business and Twitter came into existence around the same time– 2007– and we were the first business network to profile them and they repay us by refusing to talk to us because Charlie and our company have been very honest about them.”

* Claman: “Twitter is not profitable years after its launch, Fox Business is– are they, hashtag-jealous?”

* Gasparino: “They’re run by these Silicon Valley nerds…doofuses…”

* Gasparino: “Is [Costolo] Italian?” Claman: “Can you believe that?” Gasparino: “That guy is not a paesan, I can tell you that much.”

* Gasparino: “I want to see a picture of Dick Costolo, can we show a picture of him?” [Someone in control room flashes a picture of DC on the screen] Gasparino: “This guy looks like the guy you beat the hell out of…I’m not advocating violence, I’m just saying he looks like—” Read more »

A future subsidiary of the IntercontinentalExchange is getting pretty confident about not having to pony up $40 million-plus for fucking up a certain highly-anticipated market event. Read more »

The New York Stock Exchange has struck upon a novel idea/way to further humiliate a rival and rub its face in its great victory: The Big Board is actually going to test its systems before holding a major IPO. Read more »

Goldman, the Morgans and Brian Moynihan are already in. How low are you willing to go to join them? Read more »