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NEWS 
March 4, 2016 Unicorns are a myth. But you do believe in them!
Photo: Bloomberg The enterprise value of Google pre-IPO (initial public offer) was estimated to be between $33 billion and $40 billion (based on a S&P’s pre-IPO Google report). Google listed on Nasdaq on 19 August 2004 at $85, the low end of its revised price expectation of $85-95. Its market capitalization was valued at $23 […]
NEWS 
March 4, 2016 Why Morgan Stanley’s action on Flipkart is bad news for Indian unicorns
Given that Flipkart is expected to list its shares in the US at some point over the next few years, the valuation estimates of the mutual funds will be an important indicator of how stock market investors will value the company. Photo: Hemant Mishra/Mint Bengaluru/New Delhi: Late last month, Flipkart India Pvt. Ltd, the country’s […]
ALL DEALS 
March 2, 2016 The battle of Indian Internet unicorns
Photo: iStock “I believe that whatever doesn’t kill you, simply makes you…stranger,” so says the Joker in Christopher Nolan’s The Dark Knight. What he really means is not all change makes you stronger or better. Some changes leave a scar, or break us from the inside. When looked at from the perspective of Internet companies, […]
