Zynga: $1 Billion
Social gaming company Zynga raised $1 billion in its IPO in December, 2011, the biggest web-related IPO since Google, <a href="http://www.huffingtonpost.com/2011/12/16/znga-ipo-nasdaq_n_1153518.html?ref=technology" target="_hplink">according to the Associated Press</a>.
Zynga had a valuation of $7 billion before it began trading on the Nasdaq on December 16. By May 17, 2012, the social games company <a href="https://www.google.com/finance?client=ob&q=NASDAQ:ZNGA" target="_hplink">was worth $6.09 billion</a>.
RenRen: $743 Million
RenRen, the Chinese social networking site, raised $743 million in its IPO in May 2011, <a href="http://www.reuters.com/article/2011/05/04/us-renren-ipo-idUSTRE7433HI20110504" target="_hplink">according to Reuters</a>.
At the end of its first day of trading, the company had a market value of $7.4 billion.
As of May 17, 2012, RenRen's <a href="https://www.google.com/finance?q=NYSE%3ARENN" target="_hplink">market capitalization stood at $2.43 billion</a>.
Groupon: $700 Million
The daily deals site <a href="http://www.huffingtonpost.com/2011/11/04/groupon-ipo-biggest-since-google_n_1075374.html" target="_hplink">raised $700 million in its IPO</a> in November 2011, valuing the company at nearly $13 billion.
As of December 16, 2011, Groupon's value was $14.4 billion, and by May 17, 2012, the <a href="https://www.google.com/finance?q=NASDAQ%3AGRPN" target="_hplink">daily deals site's market cap had dropped</a> to $7.92 billion.
LinkedIn: $352 Million
LinkedIn, the professional social network, <a href="http://www.huffingtonpost.com/2011/05/23/linkedins-linkedin_n_865406.html" target="_hplink">raised $352 million</a> in its IPO in May 2011.
According to Reuters, the company was worth $9 billon after its first day of trading on the public market.
As of May 17, 2011, <a href="http://www.dailyfinance.com/quote/nyse/linkedin-corp/lnkd" target="_hplink">LinkedIn's value stood at</a> $10.8 billion.
Pandora: $234 Million
Internet radio site Pandora raised $234 million when it went public in June 2011, valuing the company at $2.56 billion, <a href="http://blogs.wsj.com/venturecapital/2011/06/14/pandora-ipo-prices-at-16-well-above-range/" target="_hplink">according to <em>The Wall Street Journal</em></a>.
In May 17, 2012, <a href="https://www.google.com/finance?q=NYSE%3AP" target="_hplink">the company had a value of</a> $1.75 billion.
HomeAway: $216 Million
HomeAway.com, a vacation home rental site, raised $216 million in its IPO in June 2011, <a href="http://www.marketwatch.com/story/homeaway-ipo-raises-216-million-2011-06-29" target="_hplink">according to MarketWatch</a>.
In its first day of trading, <a href="http://techcrunch.com/2011/06/29/homeaway-ipo-shares-pop-39-percent-market-cap-reaches-3-billion/" target="_hplink">reports TechCrunch</a>, the company had reached a valuation as high as $3 billion.
As of May 2012, <a href="http://www.dailyfinance.com/quote/nasdaq/homeaway/away" target="_hplink">HomeAway had a market cap</a> of $2.1 billion
Demand Media: $151 Million
Demand Media, a web content company, or "content farm," <a href="http://www.huffingtonpost.com/2011/10/10/2011-ipos-are-underwater_n_976291.html" target="_hplink">raised $151 million</a> in January 2011. <a href="http://blogs.wsj.com/venturecapital/2011/01/26/demand-medias-14b-ipo-post-value-ranks-highly/" target="_hplink"><em>The Wall Street Journal</em> reports</a> that the company was worth a whopping $1.78 billion after its first day on the New York Stock Exchange.
As of May 17, 2011, <a href="http://www.dailyfinance.com/quote/nyse/demand-media-inc/dmd" target="_hplink">the company's market cap</a> had fallen to $771.2 million.
In the photo above, Richard Rosenblatt, Chairman and CEO of Demand Media, joins Tyra Banks at the New York Stock Exchange on March 15, 2011.
Angie's List: $130 Million
Angie's List, a site where members can review doctors, contractors and more, raised $130 million in its November 2011 IPO, <a href="http://venturebeat.com/2011/11/17/angies-list-ipo-performance/" target="_hplink">according to VentureBeat</a>.
The AP notes that at the end of the first day of trading, the company was valued at $904 million.
As of May 17, 2012, <a href="http://www.dailyfinance.com/quote/nasdaq/angies-list-inc/angi" target="_hplink">the site had a market cap</a> of $761.7 million.
Yelp: $106.5 Million
Yelp, the business review site, <a href="http://www.huffingtonpost.com/2012/03/01/yelp-ipo-priced_n_1315196.html" target="_hplink">raised $106.5 million in its March 2012 IPO</a>, valuing the company at almost $900 million, according to Reuters.
As of May 17, 2012, <a href="http://www.dailyfinance.com/quote/nyse/yelp/yelp" target="_hplink">Yelp had a market value of $1.3 billion</a>.
Zillow: $69 Million
<a href="http://techcrunch.com/2011/07/20/zillow-soars-200-percent-in-first-trade-with-over-1-billion-valuation/" target="_hplink">According to TechCrunch</a>, the real estate website Zillow raised about $69 million in its July 2011 IPO. The value of the company <a href="http://www.huffingtonpost.com/huff-wires/20110720/us-zillow-ipo/" target="_hplink">rose to as high as $1.6 billion</a> on the first day of trading but dropped to $950 million at market close.
As of May 17, 2012, <a href="http://www.dailyfinance.com/quote/nasdaq/zillow-inc/z" target="_hplink">Zillow's market valuation</a> was $1.1 billion.
Posted: 05/18/2012 8:23 am Updated: 05/18/2012 8:54 am