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back to article Fusion-io backers to get rich(er)

Fusion-io could capitalise on the flash flood to become a billion dollar company on its first day as a public company. It aims to sell shares on its IPO day for $13 to $15, and that would capitalise the company at up to $1.17bn, according to Bloomberg. With Fusion selling 10.8 million shares, it hopes to raise up to $212m, $ …

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  1. Anonymous Coward
    Grenade

    1bn dollars...

    Anyone else think these IPOs are getting crazy - $1bn for a company that has only just turned a profit selling an expensive (although good) product that many other manufacturers are releasing competing products for?

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  2. Anonymous Coward
    Alert

    Valued at 140x profit - excessive?

    Valued at 140x profit = excessive?

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  3. Dave 8
    Thumb Down

    Got a couple of cards.

    No faster than our SAN for the same price. Can only run as RAID 1.

    Waste of money.....

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  4. Anonymous Coward
    Grenade

    Overrated

    One of the MOST OVERRATED products in recent computing history.

    Total waste of money compared to just using external SAN or SSD drives.

    Not to mention their proprietary Linux drivers which are a support nightmare.

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