PayPal, Inc. Initial Public Offering
Title: PayPal, Inc. Initial Public Offering
Category: /Business & Economy
Details: Words: 952 | Pages: 3 (approximately 235 words/page)
PayPal, Inc. Initial Public Offering
Category: /Business & Economy
Details: Words: 952 | Pages: 3 (approximately 235 words/page)
PayPal, Inc.'s road to its Initial Public Offering (IPO) was rocky and strew with problems. It postponed it offering just the day before it was scheduled due to a lawsuit filed and many felt that its price would suffer as the result of decisions by Louisiana claiming that PayPal was violating banking laws.
The offering was postponed because of a lawsuit filed by privately held online security firm CertCo, charging PayPal with patent infringement. …showed first 75 words of 952 total…
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…showed last 75 words of 952 total… and overcame each one. CertCo eventually dropped their suit and PayPal is up and running in every state, including Louisiana where a visit to their website turned up a flyer for a fundraiser where PayPal was an accepted form of payment. If the owners had just been a little more careful in their planning and avoided the stumbling blocks they placed before themselves, there is no telling how profitable their IPO might have been.
