The big Internet IPOs of the last few years have had bumpy rides. Last week, Facebook shares went above their IPO price for only the first time since the company went public over a year ago. Zynga and Groupon have lost billions of dollars in valuation since going public. On the other hand, LinkedIn is now worth about six times its $4.3 billion launch valuation.
And now a new crop of highly anticipated IPOs are coming up. They include China's largest e-commerce company, Alibaba Group, the online file storage company Dropbox, and Twitter (whose CEO, Dick Costolo, is pictured above). Here are some lessons for them, gleaned from the last batch. Read more...
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