Cloudflare is reportedly preparing for an initial public offering with a potential valuation of more than $3.5 billion. According to Reuters, the IPO would take place in the first half of 2019 and be led by Goldman Sachs. This year is expected to be a strong one for cybersecurity stock debuts, thanks in part to […]
View More Cloudflare reportedly gearing up for a $3.5 billion IPO next yearCategory: IPO
Upwork pops more than 50 percent in Nasdaq debut
Upwork, the rebranded merger of oDesk and Elance, debuted on Nasdaq this morning, after dropping its S-1 about four weeks ago. Shares opened at $23.00, which represents a 53% jump — shares were priced at $15 before the opening bell by investors, a significant uptick from the company’s revised projection of $12 to $14, which […]
View More Upwork pops more than 50 percent in Nasdaq debutChina’s secret startup advantage: liquidity
This year’s rush of IPOs from Chinese tech companies has dominated headlines, but what’s more interesting is how quickly they got there. Traditionally, “going public” represented the gratifying culmination of sleepless nights and missed birthdays that went into building a company. The peak of a lengthy climb, where founders and VCs would finally see the […]
View More China’s secret startup advantage: liquidityChinese electric vehicle maker Nio makes bumpy start following $1B IPO
Nio, the Tesla -wannabe electric vehicle firm from China, enjoyed a mix start to life as a public company after it raised $1 billion through a listing on the New York Stock Exchange on Wednesday. The firm went public at $6.26 — just one cent above the bottom of its pricing range — meaning that […]
View More Chinese electric vehicle maker Nio makes bumpy start following $1B IPOEventbrite sets IPO range of $19 to $21, valuing it at $1.8B
Eventbrite has taken its final step toward becoming a publicly traded company. In an updated S-1 filing this morning, the ticketing and events company announced plans to sell 10 million Class A shares on the New York Stock Exchange at a price range of $19 to $21 under the ticker symbol EB. At a midpoint […]
View More Eventbrite sets IPO range of $19 to $21, valuing it at $1.8BRobinhood aims at IPO as the fintech startup seeks CFO
Now valued at $5.6 billion, zero-fee stock trading app and cryptocurrency exchange Robinhood is starting preparations to go public. Just a year and a half ago, it was still largely under the radar. But then it raised a $110 million Series C at a $1.3 billion valuation in April 2017 and then just a year […]
View More Robinhood aims at IPO as the fintech startup seeks CFOBenchmark and Tiger double down on going public
In an ecosystem enthralled with private capital and delayed public debuts, Bill Gurley has been something of a maverick. The former dot-com equity analyst and long-time partner at Benchmark has pushed hard for companies to go public and “grow up,” including at his portfolio company Uber, where he was formerly a board member. Earlier this […]
View More Benchmark and Tiger double down on going publicFall 2018 tech IPOs face myriad of headwinds
2018 has been an incredibly strong year for IPOs, particularly in the technology sector. Among the brand names this year that have made their public debuts are Dropbox, Xiaomi, Spotify (through a direct listing), DocuSign, Carbon Black, Zuora, among many, many others. Given the strength of these numbers through the first eight months of this […]
View More Fall 2018 tech IPOs face myriad of headwindsFunding Circle, a P2P SME lending platform, steps towards an IPO
UK founded startup Funding Circle, a p2p lending platform which focuses on the underserved small business market, has announced a “potential intention” to float on the London Stock Exchange. In a press release today, announcing the publication of a Registration Document for a possible future IPO, Funding Circle says that should it proceed with floating on […]
View More Funding Circle, a P2P SME lending platform, steps towards an IPOEventbrite just made some pricing changes as it moves toward an IPO
Reaching event organizers to help them sell tickets isn’t cheap. Eventbrite — the 12-year-old, San Francisco-based ticketing company that announced plans last week to go public and sell $200 million worth of shares on the NYSE — has been losing money since 2016, posting losses of $40.4 million in 2016, $38.5 million for 2017 and […]
View More Eventbrite just made some pricing changes as it moves toward an IPOCootek, the Chinese maker of TouchPal keyboard, files for $100M US IPO
Cootek, the Chinese mobile internet company best known for keyboard app TouchPal, has filed for a public offering in the United States. In its F-1 form, submitted last week to the Securities and Exchange Commission, Cootek said it wants to raise up to $100 million. The Shanghai-based company began operating in 2008, when TouchPal was […]
View More Cootek, the Chinese maker of TouchPal keyboard, files for $100M US IPOEventbrite is reportedly going public in the second half of this year
Eventbrite, the 12-year-old, San Francisco-based event-planning company, has filed an initial public offering confidentially with the SEC and plans to go public later this year, according to a new report in the WSJ. The company’s lead underwriters are Goldman Sachs and JPMorgan Chase & Co., it says. The offering must seem a long time in […]
View More Eventbrite is reportedly going public in the second half of this year