Alibaba to Plan New York IPO Roadshow Kickoff Sept. 8
*Alibaba plans to start meeting investors in New York on Sept. 8, ahead of its initial public offering later this month. DCM Co-Founder and General Partner David Chao and Bloomberg’s Mia Saini discuss on “Bloomberg West.” (Source: Bloomberg Sept 5, 2014)
Alibaba Seeks to Raise $21.1 Billion in Record-Breaking U.S. IPO - Bloomberg: "Alibaba is seeking a valuation of as much as $162.7 billion, larger than 95 percent of the Standard & Poor’s 500 Index, as it enters the IPO's final stages. At the high end of the proposed price range, Alibaba would be the third most valuable Internet company traded in the U.S. after Google Inc. [google.com] and Facebook Inc.[facebook.com] The offering could raise as much as $21.1 billion, according to a regulatory filing..."
Attention domain name investors: this isn't the overhype and hokum you constantly hear about the pathetic new gTLD domain names--no, this is about a dot COM company, the real thing--and truly the dawn of a new Internet era as the company is a .COM company from China, not Silicon Valley!
In about two weeks, one dot COM company will raise, in just one day, more on the public market than all of the new gTLD domain names sold to date, actually, more than 500x the total gross sales of ALL new gTLD domain names sold to date. Think about that the next time some donut tries to sell you a new gTLD domain name.
*Domain Name: alibaba.com
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Showing posts with label Alibaba IPO. Show all posts
Showing posts with label Alibaba IPO. Show all posts
2014-04-21
ICANN's new gTLD domain names: Innovation OR Hokum by Hucksters?
Domain Shane: "I’m going to have to admit it. Many of the articles on the domaining feed are down right unreadable. We all pump. We get paid to pump. But due to the sheer number of new gTLDs coming out there is a much bigger need for pumping. The competitiveness had [sic] also turned things ugly as readers and customers are getting tired of the articles and even the registries and their approaches. It’s even worse in the domain conference world...."
Frank Schilling explains ICANN's new gTLDs in the video above--beware story-tellers with products for sale--ICANN's new gTLDs: we are only limited by our imaginations! (Plus $185,000 up front to ICANN plus renewal fees.) "Narrative makes for a compelling story. It appeals to us emotionally. It often falls apart when scrutinized" (source infra).
"Late last year, we had a wholesaler from a major exchange-traded-fund firm visit our office. At the time, the chatter was all about the planned Alibaba Group Holding Ltd. initial public offering. It was going to be, in his words, “huge, disruptive, incredibly powerful"... Never mind that IPO returns are on average mediocre or worse ...This guy had a great story to tell, and to the uninitiated, it was enthralling. The story, as it turns out, was and is completely and utterly wrong. The narrative, as is so often the case, failed. But not its appeal to our deep lizard brains...In politics, when your narrative fails, the other guy wins. With investing, following narratives leads to lost capital..." -- Barry Ritholtz, The Alibaba Story-Telling Failure - Bloomberg View
Domain name buyers: Caveat Emptor!
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WANTED: Fiction writers to come up with riveting copy and narratives for launch of ICANN's new gTLDs (generic top-level domain names).
Frank Schilling explains ICANN's new gTLDs in the video above--beware story-tellers with products for sale--ICANN's new gTLDs: we are only limited by our imaginations! (Plus $185,000 up front to ICANN plus renewal fees.) "Narrative makes for a compelling story. It appeals to us emotionally. It often falls apart when scrutinized" (source infra).
"Late last year, we had a wholesaler from a major exchange-traded-fund firm visit our office. At the time, the chatter was all about the planned Alibaba Group Holding Ltd. initial public offering. It was going to be, in his words, “huge, disruptive, incredibly powerful"... Never mind that IPO returns are on average mediocre or worse ...This guy had a great story to tell, and to the uninitiated, it was enthralling. The story, as it turns out, was and is completely and utterly wrong. The narrative, as is so often the case, failed. But not its appeal to our deep lizard brains...In politics, when your narrative fails, the other guy wins. With investing, following narratives leads to lost capital..." -- Barry Ritholtz, The Alibaba Story-Telling Failure - Bloomberg View
Domain name buyers: Caveat Emptor!
Follow @DomainMondo
Seguir a @DomainMondo
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