Started in 2013, Reverb is a company that provides an online marketplace for musicians to buy and sell gear. Its investors include country music superstar Brad Paisley and Rick Nielsen of Cheap Trick. Reverb can be thought of as the “Ebay for musicians.” The wide scope of the Ebay marketplace makes it hard at times […]
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Tag Archives: stock issuance
How does the new equity issued by Sonos, the wireless internet-enabled speaker maker, affect its financial statements?
March 10, 2015 
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Sonos is a maker of wireless internet-enabled speaker systems. It was founded in California in 2002 and has experienced rapidly growing sales. Its CEO, John MacFarlane, indicated that Sonos would exceed $1 billion in sales in 2014. In December 2014, the privately-held Sonos issued an additional $130 million in new equity. It will be using […]
Continue readingHow does Birchbox report its issuance of $50 million in equity?
April 21, 2014 0 Comments
Birchbox, Inc., is privately-held. It was founded in 2010 by Hayley Barna and Katia Beauchamp and has its headquarters in New York City. Birchbox offers a subscription service that delivers samples of beauty products to its subscribers. Subscribers can also purchase full-size versions of the products on Birchbox’s website. Birchbox currently has more than 400,000 […]
Continue readingWhat is the impact of the Candy Crush Saga maker’s IPO on its balance sheet?
April 2, 2014 0 Comments
King Digital Entertainment (NYSE: KING), the maker of the Candy Crush Saga app, had its initial public offering (IPO) the week of March 24th, 2014. King’s stock was priced at $22.50 per share for the IPO; its par value is $0.000197 per share. The IPO raised about $500 million for King. Assume that approximately 2,300,000 […]
Continue readingHow many shares of stock would be issued in LinkedIn’s $1 billion stock offering?
September 23, 2013 0 Comments
In September 2013, LinkedIn (LNKD) filed paperwork with the SEC for a $1 billion stock offering of its Class A common stock. LinkedIn reported that it would be using the proceeds from the stock issuance for working capital, expansion of product and sales organizations, and capital expenditures. On August 30, 2013 (a few days before […]
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