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>> TIME, INC. Latest News

MAY 02, 2013 - Business Insider

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FUN FACT: Business Insider Is Now Bigger Than Yahoo Was When It Went Public

In case you want a vivid example of how the Wall Street and tech worlds have changed in the past couple of decades... Business Insider is now a much bigger company than 1990s Internet behemoth Yahoo, Inc. was when it went public. And so are hundreds of other tech and media companies that are still private companies and probably always will be. Yahoo! went public on April 17th, 1996. The stock exploded, naturally, soaring from an IPO price of $13 a share to $45 and then closing for the day at $33.  This gave Yahoo! an $850 million market value. The most stunning aspect of the Yahoo! IPO, ... Read More

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