-
Private Equity Manager Says Apple Watch Is A Success
Monday, April 25, 2016 - 2:57pm | 168Read More...Roger McNamee, a co-founder of private equity firm Elevation Partners, was a recent guest on CNBC's Squawk Alley segment and discussed why he thinks Apple Inc. (NASDAQ: AAPL)'s Watch is not a failure. McNamee suggested that while the Watch may have been a bit underpowered with no key...
-
The Solution For Twitter (And Its Shareholders)
Monday, August 17, 2015 - 10:15am | 375Read More...Twitter Inc (NYSE: TWTR) shares have lost almost 20 percent since the company reported its quarterly earnings, as investors fear that the company will never be able to engage and monetize user base as it was earlier perceived to do. However, Roger McNamee, from Elevation Partners, thinks there is...
-
Roger McNamee: 'The Fundamentals In The Tech Sector Are Actually Pretty Reasonable'
Tuesday, July 7, 2015 - 3:12pm | 384Read More...Several stocks in the tech sector, including LinkedIn Corp (NYSE: LNKD), Yelp Inc (NYSE: YELP) and Twitter Inc (NYSE: TWTR), are down for the year, and the NASDAQ has been shedding its gains continuously over the last 15 days. Roger McNamee, Reverb executive chairman and Elevation Partners co-...
-
Roger McNamee: 'Music Category Is More Important To Apple Emotionally Than It Is From Business Perspective'
Monday, June 8, 2015 - 1:32pm | 402Read More...Apple Inc. (NASDAQ: AAPL)’s Annual Worldwide Developers Conference started on Monday, and fans are expecting the company to make announcements regarding the launch of its music streaming service. Roger McNamee, Elevation Partners co-founder, was on CNBC Monday to discuss the importance of...
-
Here's Why A Tech Bubble Is More A Reality Now Than Previously Thought
Wednesday, March 25, 2015 - 3:46pm | 394Read More...With private tech companies commanding record valuations and public tech companies trading at lifetime highs, some investors in community are convinced that we are in another tech bubble. Roger McNamee, Elevation Partners co-founder, was on CNBC Wednesday to discuss why the valuations of tech...
-
Roger McNamee: Apple Is The Stock To Own In Tech Space Right Now
Tuesday, January 13, 2015 - 4:00pm | 330Read More...Apple Inc. (NASDAQ: AAPL) was upgraded to Outperform from Neutral by Credit Suisse analyst Kulbinder Garcha. In his note to investors, Garcha argues that Apple is going to sell a lot of iPhones and will increase the cash return program to $200 billion from the present $130 billion owing to...
-
Facebook Lockup Expiration Frees 60% More Shares
Thursday, August 16, 2012 - 9:00am | 377Read More...The number of outstanding shares of social media giant Facebook (NASDAQ: FB) increased 60 percent on Thursday, as the company's first major lockup period expired. Since Facebook's IPO, analysts have become increasingly concerned by the company's poor showing. Over the next nine months, around 1....
-
Elevation Partners Acquires Additional $120 Million Stake In Facebook
Tuesday, June 29, 2010 - 10:34am | 111Read More...Private equity shop Elevation Partners has acquired an additional five million shares in Facebook for around $120 million. Last November, the firm bought 2.5 million shares for $90 million. The shares were sold by former employees or early investors. Facebook itself is not benefitting financially...
-
Falcone's Harbinger Capital Buys 9.5% Stake In Palm (PALM)
Wednesday, April 14, 2010 - 3:36pm | 365Read More...The shares of troubled smartphone manufacturer Palm Inc. (NASDAQ: PALM) are getting a boost today as Philip Falcone's Harbinger Capital Partners has disclosed a new 9.5% stake in the company. On the day, PALM shares have gained 5.43% and are currently trading at $5.44. The stock has been...
-
Bono Named Worst Investor (Palm)
Thursday, March 25, 2010 - 10:00pm | 165Read More...U2 lead singer Bono has been named the "worst investor in America" according to an online publication called 24/7 Wall Street. Apparently the luck of the Irish does not apply to the world of investing. Bono is part of the Elevation Partners investment team. Elevation has invested in Palm, Forbes,...
