Jive Sets Terms of IPO

11/30/2011

Jive, the Facebook for enterprises, has set the terms of its IPO. According to its S-1/A filing with the SEC (link), it plans to offer 11.7 million shares (8.3 million from the company and 3.4 million from selling shareholders) at between $8.00 and $10.00 per share. Jive is backed by Sequoia Capital and Kleiner Perkins Caufield & Byers. Neither firm is selling in the IPO.

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