Three Rivers files for $300M IPO
Three Rivers Operating Company LLC filed Friday a registration with the Securities and Exchange Commission to have an initial public offering.
The Austin-based oil and natural gas producer hopes to raise $300 million.
Three Rivers intends to use the money raised to repay outstanding debt, of which $286.5 million was outstanding as of Sept. 30, 2011.
The company had borrowed money to buy Chesapeake Energy Corp. and the Samson Acquired Properties as well as to fund exploration, development and other capital expenses...
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Facebook to file for IPO next week
Social media giant Facebook Inc. may file plans for an IPO as early as Feb. 1 of next week.
The Menlo Park, Calif.-based social networking company, which opened an Austin office in 2010, is close to choosing Morgan Stanley as its lead underwriter, according to the Wall Street Journal on Friday, citing people familiar with the matter.
Facebook is looking at a $75 billion to $100 billion valuation and wants to raise as much as $10 billion.
The founders of Austin-based social networker Gowalla Inc...
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Report: Austin lawyer makes an average $104K per year
The average annual salary of one of Austin’s 4,150 lawyers is $104,660 and the average hourly pay is $50.32 per hour.
California is the leader in lawyer pay, according a study by On Numbers, the research division of American City Business Journals.
The average annual pay for lawyers is higher in San Jose ($184,660) than anywhere else. Danbury, Conn., is second, followed by San Francisco and Napa, Calif.
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Service is the spice to your business' success recipe
As we forge ahead into a new year, you are probably working hard to develop plans that will take your company to new and better places. It’s common to look at your activities last year to determine what should be done to make this year better. If you do, ask yourself as part of that process whether there are any missing ingredients in your business.
As you and your management team search for new ways to grow your business this year, consider adding a third purpose beyond helping customers and providing employment: service...
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Big Blue Sky grows out of its trailer
Big Blue Sky Advertising started as two guys in a trailer.
Two-and-a-half years later, the agency founded by Chad Swisher and Tony Lopez has moved into its second office in North Austin, and has NASCAR Performance, Little Woodrow’s and Uncle Billy’s Brew & Que as clients. It recently added Fuzzy’s Taco Shop, a growing Fort Worth-based fish taco chain to its customer base. The agency has a staff of seven, including its founders, and is looking to hire a designer and an account executive.
Swisher and Lopez — who worked for Makos Advertising LP, an advertising agency that is no longer around, and Springbox before branching out on their own — started in their trailer seeking to tap into the entrepreneurial spirit and low startup costs of Austin’s food trailer scene...
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