Day Three: Facebook Sinks Another 4%

Facebook's IPO on Friday was the largest in the history of technology. The social network raised a staggering $12 billion, valuing the company at well over $100 billion. But after peaking more than 10% above its share price, the stock fell back to its debut price of $38.

On day two, the stock plunged deep into the red. Bleeding panicked sells like crazy, the share price of FB plummeted 12% to less than $34, sinking the company's valuation to barely $90 billion.

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Five Creative Strategies Every Startup Should Consider When Producing an Online Marketing Video

The best marketing videos work like a personal referral from a close colleague or friend—they kickstart relationships or remind existing contacts that you’re still competitive and relevant and ready to do business.

Let’s face it. You probably don’t have time to sit down for a one-on-one conversation with thousands of new business leads this week. Even if you do, a great digital video strategy means you can invest that development time elsewhere.

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Facebook’s Users are Mobile Friendly, but Facebook Mobile Isn’t User Friendly

A recently published report by comScore stated that the number of Facebook users accessing their site via mobile is outpacing those using a browser. So why hasn’t Facebook invested more in developing their mobile platform to rival that of the browser?

In Facebook’s IPO registration, they claimed to have 901 million active monthly users. That’s 90% of the total number of people using social media services according to a recent report published by the International Telecommunications Union (ITU) which set the number of social media users at just over one billion. The ITU report also stated that an increasing number of users are accessing social media services via mobile.

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These 20 Companies are About to Break into Silicon Valley

2011 BC Angel of the Year Boris Wertz says being Canadian might just be the best way to break into Silicon Valley and 19 Canadian startups are about to find out if he's right.

The C100 announced the lucky startups to participate in the upcoming 48 Hours in the Valley event from June 25-27 and the companies selected span from coast-to-coast.

Hit the link to find out who is representing from your home province.

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Tech Bubble, Anyone? Facebook Shares Plunge 12% on Day Two

Facebook's IPO on Friday was the largest in the history of the world's technology sector. The social network raised a staggering $12 billion, valuing the company at well over $100 billion. But after peaking more than 10% above its share price, at just over $42, the stock fell back to its debut price of $38.

On day two, the stock is deep into the red. Bleeding sells like crazy, the share price of FB has plunged a steep 12% to less than $34, sinking the company's valuation to barely $90 billion.

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Celtic House Venture Partners Closes $105 Million Fund

Celtic House Venture Partners has reached a first close of Celtic House Venture Partners Fund IV LP at $105 million.

Investors in the fund include Ontario Venture Capital Fund, Teralys Capital, Export Development Canada and BDC Venture Capital.

Fund IV will focus on early‐stage investment opportunities in Media Communications Technology (MCT), partnering with teams that have outstanding records of innovation and entrepreneurial success.

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5% Increase in Productivity Annually Could Double Standard of Living Every 14 Years: Cisco

The race to service IT departments in mobility in the BYOD (bring your own device) craze is heating up. In addition to RIM and Vancouver’s Absolute Software, Cisco Systems has released “Smart Solutions” that go beyond just BYOD.

The three solutions include the integration of service provider mobility, enterprise mobility, security, collaboration, and desktop solutions. This makes sense because a Cisco IBSG Horizons study of 600 U.S. IT and business leaders suggests that just 14% of BYOD costs are hardware-related.

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