BGN Entrepreneur

The extent of the wealth produced by Glencore’s IPO has been highlighted afresh, with the company identifying a further seven executives, each of whom holding over $500 million stakes.
The wealth of Ivan Glasenberg and his five most senior lieutenants was disclosed by the world’s largest commodities trading house before the IPO in 2011. The identity [...]

The online coupon seller–Groupon, which is struggling with concerns over its business model and volatile equity markets, is looking to raise as much as $540m in its upcoming IPO. This gives the company half the valuation it originally needed. According to a regulatory filing last Friday, it is revealed that Groupon will sell about 5% [...]

Groupon and Zynga, two most closely watched consumer internet companies which had filed plans in time to go public in early autumn, are looking to capitalize on the wave of investor excitement for consumer internet companies this year. However, now the two company have pulled back from going public as expected by experts on the [...]