Feb 17

Bloomberg news is reporting Zynga is in talks to raise funding from T. Rowe Price Group Inc. and Fidelity Investments at a valuation of close to $10 billion.

Valuation of these new generation tech companies seems to be rising every passing month. Facebook has hit $50 billion, little Twitter has just hit $6 billion and now Zynga valuation is estimated now at $10 billion.

Zynga Secondary Market Valuation

As off  February 2011, Zynga was valued at $6.2 billion on secondary exchange SharesPost Inc.

The stunning thing about this rush to buy shares in private market is, investoras are punting their money without having a look at the tech companies financial statements.

Investors are betting on making a killing in the IPO market. They were right when they said, IPOs are for gamblers!

Zynga 2011 revenues

Zynga is a private company and the only revenue numbers out are rumours  from people close to the company. The latest estimate is Zynga revenue topped $600 million in 2010. With the successful launch of latest game, cityville in 2010, these revenue can only rise in 2011.  Zynga is thought to be profitable.

written by Constantine Njeru \\ tags: , , , , , , , , , , , , , , , , , , ,

Jan 02

According to an article in deal book NYTimes there are 22 companies in the tech I.P.O. pipeline for 2011.

The five Tech IPOs 2011 to watch out for are internet sensations Facebook, Zynga, Groupon, Linked and Skype.

Non of these companies have confirmed going for a tech IPOs in 2011 but going by the level of public and  investor interest in these five the IPOs are around the corner.

For Facebook, Zynga, Linked and Groupon one factor showing a tech IPO 2011 is the significant demand for these companies stock  in the secondary markets, private exchanges that match buyers and sellers.

Facebook one of Tech IPOs 2011

Facebook has crossed 500 million members mark and reportedly bringing near $2 billion revenues for 2010. In private exchanges Facebook is now valued at $45 Billion.

Zynga one of Tech IPOs 2011

Zynga is heavily tied to Facebook. The company raised more money in 2010 from the likes of Google. Word out there is annual revenues are above $800 million. The demand for Zynga stock in the private market has remained strong.A zynga tech IPO in 2011 is not unthinkable.

Groupon one of tech Ipos 2011

As 2010 came close to an end Google unsuccssefully tried to buy Groupon. Groupon is now negotiating with Fidelity, T. Rowe Price and Morgan Stanley for another round of financing that could be as large as $950 million. With this investors looking forward to an exit strategy groupon could go for a tech Ipo in 2011.

Linked one of Tech IPOS 2011.

Although Linked is below the radar when it comes to news coverage, early investors eventual will want an exit. If Facebook, Zynga or groupon have a spectacular tech IPO in 2011, Linked will be hot on their heels.

SKYPE one of Tech IPOS in 2011.

Skype is the only one that has confirmed a 2011 tech ipo. On August 9, 2010, Skype filed with the SEC to raise up to $100 million in an initial public offering

written by Constantine Njeru \\ tags: , , , , , , , , , , , , , , , , , , ,

Oct 02

People who live in developed world enjoy a life expectancy of 85+ years. Will a long life is a good thing, it also has its downsides. When you retire from work you will lose your regular income and you will need to have saved enough money to help you survive your sunset years.

Today there are money tools that have been designed to help people estimate how much you’ll need the day you retire to live the lifestyle you desire with a given income.

These softwares tools require you to put your age, income status etc and give you an estimate figure of the amount of money you will need for retirement.

Check out these useful free retirement calculators.

ING retirement calculator

T-Rowe Price retirement calculator.

Social Security Calculator.

written by Constantine Njeru \\ tags: , , , , , , , , , , , , , , , , , ,

Jul 23

T. Rowe price investing firm has an investing strategy known as growth stock philosophy of investing.

The philosophy advocates investing in companies whose earnings and dividends could be expected to grow faster than inflation and the overall economy.

T. Rowe Price offers an investor a choice of over 90 mutual funds.

T. Rowe Price Retirement funds

Offers a fully diversified portfolio with one fund that matches the approximate year you turn age 65.

For more information Visit T. Rowe Price

written by Constantine Njeru \\ tags: , , , , , , , , , , , , , , , ,

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