Smartphone app developer Shazam will receive $40 million in financing from mexican billionaire, Carlos Slim, one of the world’s richest men. Shazam is a media discovery app which plans to expand to TV.
Source: Reuters
Throwback video of billionaire investing secrets from American investor Warren Buffett and hip hop mogul Jay Z.
Jay-Z and Will Smith are putting their money where your camera is — and are backing a new video-sharing application Viddy. Viddy is to video what Instagram is to photos and there are already 10 million registered users with 300,000 new members joining daily.
Brett O’Brian, the app’s founder, says Jay, Will, Shakira and Twitter founder Biz Stone have bought undisclosed shares in the company and will use their influence to expand its reach.
Follow GWOP Mag founder on Viddy @BeezyTarantino
In 2011, tech company’s such as LinkedIn, Pandora, Groupon, and Zynga had their Initial Public Offering (IPO) on the stock market. Most of them didn’t do well for public investors after intial pop. In 2012 Facebook is rumored to be the biggest public offering of the decade with a valuation of $100 Billion. Checkout list of companies set to go public for 2012 below.
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