initial public offering

  • Will Twilio reopen tech IPO window?

    Will Twilio reopen tech IPO window?

    Twilio, the cloud communications platform, has revealed its IPO filing, signifying that it could enter the public markets as early as next month. If the company ends up going through with its plans, it would likely be just the third tech IPO of the year. This has been the worst year for public offerings since the 2009 recession. Twilio has been rumored to be entering the public markets for… Read More

  • Acacia soars 35% in second tech IPO of the year

    Acacia soars 35% in second tech IPO of the year

    It has been a terrible year for tech IPOs. Until now, only SecureWorks braved the market and it didn’t go well. But Acacia Communications braved the public markets today and outperformed expectations. After pricing its offering at the top of the range at $23 per share, the company soared to above $30 in its first day of trading, yielding a market cap of above $1 billion. Read More

  • What bubble? VCs spent $12 billion on startups in first quarter

    What bubble? VCs spent $12 billion on startups in first quarter

    Venture capitalists will tell you that a lackluster IPO market and struggling tech stocks mean that they are being more cautious, but the data suggests otherwise. Apart from last year, which saw $13.7 billion invested in the first quarter, National Venture Capital Association data shows that the $12.1 billion invested at the beginning of 2016 was the best start to a year since the dot-com boom… Read More

  • Bio
    Editas biotech stock drops by 26 percent over CRISPR patent dispute

    Editas biotech stock drops by 26 percent over CRISPR patent dispute

    Gene editing outfit Editas has been one of the most successful tech IPOs of 2016 so far, with shares skyrocketing up 130 percent shortly after the company’s public debut. But the stock has now plummeted nearly 26 percent in after-hours trading over concerns it might not be able to legally use the technology it’s built upon. Some on Twitter believe the drop to be part of a… Read More

  • After Cancelling Its IPO, Deezer Raises Another $109M From Access And Orange

    After Cancelling Its IPO, Deezer Raises Another $109M From Access And Orange

    Deezer, the Paris-based music and other audio streaming service with 6.3 million users that planned but ultimately cancelled an IPO last year, has now tapped existing investors for more funding. Today the company is announcing that it has raised another €100 million ($109 million), led by Warner Music Group owner Access Industries and with participation also from French carrier… Read More

  • With RAISE Act, Congress Paves Way For Private Secondary Markets

    With RAISE Act, Congress Paves Way For Private Secondary Markets

    Included within the FAST Act is a section, the Reforming Access for Investments in Startup Enterprises (“RAISE”) Act, which codifies a previously unwritten means through which startup employees, ex-employees, early investors, and other shareholders have been legally allowed to sell their shares. Read More

  • Dell Subsidiary SecureWorks Files To Go Public, Shows Ramping Losses

    Dell Subsidiary SecureWorks Files To Go Public, Shows Ramping Losses

    Today Dell subsidiary SecureWorks filed to go public, showing expanding revenue, and ramping losses. Dell, then a public company, acquired SecureWorks in 2011 for a reported $612 million. TechCrunch reported in October that SecureWorks had filed for an IPO privately. The company’s S-1 filing, released today, fits into that timing. Before we get into the numbers, keep in mind the… Read More

  • Going Public Isn’t Selling Out, It’s The Best Way To Stay Alive Crunch Network

    Going Public Isn’t Selling Out, It’s The Best Way To Stay Alive

    When Amazon went public in 1997, its stock opened 62.5 percent above the target price and the company ended its day $54 million richer than it had started it. In the three years or so leading up to the IPO, Jeff Bezos had finally begun to prove that the company had a viable business model, real revenues and a proven approach. Investor confidence was high. But how would things have played out… Read More

  • Down Round Doom? The Data Says No Crunch Network

    Down Round Doom? The Data Says No

    A recent discussion on the tech IPO market yielded the comment “all IPOs this year were down rounds.” Square’s recent IPO priced below its last private offering, spurring Khosla (a Square investor) partner Keith Rabois to comment to The Wall Street Journal that “the steroid era of startups is over.” But the data on IPO down rounds, a concept we first reported on… Read More