Smart money cashing out in a big way; welcome to the modern-day IPO
FaceBook offering values company north of $100 billion; stock starts trading today at $38
Plenty of early investors mde a lot of money off FaceBook's IPO. One of the biggest winners: U2's Bono, whose PE firm invested $90M in the company in 2009. The payback? $1.5 billion. | <a href=http://www.investmentnews.com/article/20120518/BLOG06/120519928>25 largest listed companies: Where Facebook ranks</a> &raquo;
But there are some backdoor plays that might make sense for clients
Last week, we posted the <a href=http://www.investmentnews.com/article/20120313/BLOG03/120319970>top 20 feeds for financial advisers to follow on Twitter</a>, courtesy of Fushion Analytics' Josh Brown, a.k.a. <a href=http://www.investmentnews.com/article/20120313/BLOG03/120319970>The Reformed Broker.</a>
Bill Crager, President of Envestnet, takes InvestmentNews inside the latest of the company's recent acquisitions.
A steadily increasing number of advisers are using iPads - now more than any other mobile devices, actually, based on recent behaviors observed by <i>InvestmentNews</i>.
BlackBerry market share still shrinking amid iPhone mania
There's no stemming the tide. Apple's stock has risen to $618 this year, a 53% jump. Sales of the new iPad have been stellar. And now, one analyst is predicting Apple's share price will top $1,000 within a year -- and revenues, spurred by sales in China, will pass $1 trillion in a decade.
