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George Soros is the founder of Soros Fund Management. In 1970 he co-founded the Quantum Fund with Jim Rogers and Christoper Ink, which created the bulk of the Soros fortune. Legendary was his currency speculation against the British Bank of England:

 

Investors are quickly losing interest in the world's most popular social network, which went public last Friday.

 

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LinkedIn Expanding to China?

Posted by Benzinga on February 15th, 2012

LinkedIn (NYSE: LNKD) is up in pre-market trading on rumors that the company may be entering China.

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Venture capital firm GSV Capital (NASDAQ: GSVC) will sell an additional 3 million shares of common stock in order to raise funds that it will use to buy interests in Facebook, Twitter, and Kno Inc.. The company will also use the funds to invest in Dropbox, StormWind, DreamBox, Grockit, ZocDoc, and other young internet-based companies.

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Groupon Stock Plunges on Net Loss

Posted by markb on February 9th, 2012

Welcome to the big leagues, Groupon. Shareholders punished the stock in after-hours trading Wednesday after the daily deals site posted a surprise loss for its first quarter as a public company.

Groupon reported a net fourth-quarter loss of $42.7 million, or 8 cents a share, on sales of $506.5 million.

Why You Should Not Buy into Zynga's Rally

Posted by Benzinga on February 2nd, 2012

Facebook filed a highly anticipated five billion dollar IPO last night, which has made the entire social media sector boom today. LinkedIn (NYSE: LNKD) is up nearly 6% and Groupon (NASDAQ: GRPN) is trading up almost 7%. As a result, the Global X Social Media Index Fund ETF (NASDAQ: SOCL), in which aforementioned stocks have a significant weight is up 2.5%.

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Many analysts, commentators, and pundits may be excited about a Facebook initial public offering (IPO) this year, but I must confess, I am not. Despite the prevailing trend, I believe traders, investors, and everyday individuals may want to think twice before jumping on a Facebook IPO bandwagon.

Quick, Here's How to Play Zynga

Posted by michael_anderson210 on December 15th, 2011

This article compares how some of the other "hyped" IPOs of 2011 did on the first trading day and how they traded there after. It goes into using a short-term trading strategy of how to play Zynga on the first day.

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Echoing the dot-com boom a decade ago, a wave of Internet companies with lots of buzz but shaky business models went public this year. Here's how they've held up.

Demand Media

Ticker: DMD
IPO date: January 26
IPO price: $17
Now trading at: $8.06
Revenue for first 9 months of 2011: $240 million
Loss for first 9 months of 2011: $15 million

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