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Venture Capital
by tj on January 4, 2005
Rajesh finds the best one:
"No, it's not Google. In fact, as on Friday, Google was 10th on the list.Barron's writes: "The year's best-performing IPO by far (among companies that raised at least $50 million) was Shanda Interactive, one of the largest online-gaming operators in China. With the help of Goldman Sachs, the company issued American depositary shares in mid-May for $11 apiece (each ADS represents two Chinese shares), and the stock quadrupled before retreating to 39. Although Shanda has been growing rapidly, its $2.6 billion market value is twice as large as current estimates of China's total online-gaming market in 2008."
Permalink: best performing IPO in 2004
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/4498
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