It was several years ago, at a tech conference in Laguna Beach, Calif., that the venture capitalist Bill Gurley issued one of what would become repeated warnings that startups were staying private too long. Comparing companies that refuse to go public to undergrads whose college careers extend several years past the point that they should, […]
View More Did unicorns like Lyft and Uber wait too long?Category: IPOs
Anaplan hits the ground running with strong stock market debut up over 42 percent
You might think that Anaplan CEO, Frank Calderoni would have had a few sleepless nights this week. His company picked a bad week to go public as market instability rocked tech stocks. Still he wasn’t worried, and today the company had by any measure a successful debut with the stock soaring up over 42 percent. […]
View More Anaplan hits the ground running with strong stock market debut up over 42 percentPluralsight pops more than 30% in its public debut
Pluralsight is having a pretty good day in its debut as a public company, with its shares popping more than 30% after its first trade following its IPO. There’ll be a little bit of debate as to whether Pluralsight might have left some money on the table in its IPO after raising its price last […]
View More Pluralsight pops more than 30% in its public debutLessons from cybersecurity exits
Mahendra Ramsinghani Contributor Mahendra Ramsinghani is the founder of Secure Octane, a Silicon Valley-based cybersecurity seed fund. More posts by this contributor Is Symantec getting ready to buy Splunk? Can the security community grow up? To: ceo@cybersecuritystartup.com Subject: Lessons from cybersecurity exits Dear F0und3r: What a month this has been for cybersecurity! One unicorn IPO […]
View More Lessons from cybersecurity exitsRackspace may reportedly go public again after a $4.3B deal took it private in 2016
Rackspace, which was taken private in a $4.3 billion deal in August 2016 by private equity firm Apollo Global Management, is reportedly in consideration for an IPO by the firm, according to a report by Bloomberg. The company could have an enterprise value of up to $10 billion, according to the report. Rackspace opted to […]
View More Rackspace may reportedly go public again after a $4.3B deal took it private in 2016IPOs are back, but for how long?
The first quarter is almost over, and despite Dropbox’s splashy debut on the public market earlier today, it was preceded by just two other U.S. tech companies to IPO in 2018: Cardlytics and Zscaler. Will Dropbox turn things around? Will the fact that Spotify is readying its debut get the momentum going at long last? It […]
View More IPOs are back, but for how long?Dropbox prices above its original range at $21 as it heads toward an IPO
Dropbox is pricing above the range it originally set ahead of its public listing tomorrow, handing the company a valuation inching ever-closer to its original $10 billion valuation, according to a report by CNBC. Dropbox earlier this week said it would price its initial public offering in a range between $18 and $20 per share, […]
View More Dropbox prices above its original range at $21 as it heads toward an IPOSalesforce is reportedly in talks to acquire Mulesoft and the stock is going nuts
After previously investing in Mulesoft, it looks like Salesforce may finish off the deal and is in advanced talks to acquire the data management software provider altogether, according to a report from Reuters this morning. Mulesoft works with companies to bring together different sources of data like varying APIs. That’s important for companies that have data […]
View More Salesforce is reportedly in talks to acquire Mulesoft and the stock is going nutsEnterprise subscription services provider Zuora has filed for an IPO
Zuora, which helps businesses handle subscription billing and forecasting, filed for an initial public offering this afternoon following on the heels of Dropbox’s filing earlier this month. Zuora’s IPO may signal that Dropbox going public, and seeing a price range that while under its previous valuation seems relatively reasonable, may open the door for coming […]
View More Enterprise subscription services provider Zuora has filed for an IPOEquity podcast: 2017 IPO recap and who will go public in 2018?
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week the crew — Katie Roof, Matthew Lynley, Alex Wilhelm — were joined by Barrett Daniels, the CEO of Nextstep Advisory, an IPO shop that helps companies go public. Guess what we talked about? Yes, we went back through the biggest debuts… Read More
Stitch Fix gets a pop in its public trading debut
Stitch Fix revised where it would price its IPO lower last night ahead of trading, and it looks like it helped approach the right sweet spot as a result when it made its debut today. The company saw around a 15% pop in its stock when it began trading this morning — the benchmark companies tend to look to hit when they go public is around 20% — and fell around the lower bounds of… Read More