Went public: May 11, 2011
One year fresh out the public gate and the adult entertainment corporation's IPO has been dubbed a flop. The sex-oriented social network opened the market at $8 a share and entered 2012 on a decline with stock marked at $1.20 a share. The financial turmoil also stretches outside of the company's public offering with its cash balance being reported at $34 million—an $8 million loss from last year. Terrible look for a collective that raised $50 million during its IPO launch.