IPO

  • The drought is over… a torrent of tech IPOs is expected in 2017 Crunch Network

    The drought is over… a torrent of tech IPOs is expected in 2017

    We’ve just witnessed one of the most surprising tech IPO markets in decades. Wall Street set record upon record throughout 2016, and tech stocks led the way, hitting all-time highs. And yet, we saw a mere 13 IPOs for venture-backed U.S. technology companies during the entire year. I’ve been in this industry for more than 40 years and I can’t remember anything like it. Read More

  • Trivago closes up 8% in public debut

    Trivago closes up 8% in public debut

    Hotel search site Trivago went public on Friday, after separating from Expedia. The company priced its shares at $11 and closed the day at $11.85, up 7.73 percent. But this was after pricing at $11 per share, below the $13 to $15 range that had been forecast. The company raised $287 million in the offering and plans to use the capital to focus on growth and potentially make strategic… Read More

  • Trivago files to raise up to $428 million in IPO

    Trivago files to raise up to $428 million in IPO

    German hotel booking site Trivago updated its plans for a U.S. IPO in a filing that came out on Monday. The company expects to price its shares between $13 to $15, a $428 million offering at the top end of the range. Officially named Travel B.V., the company will change its name to Trivago to match its popular web property, before completing the IPO later this month. Expedia will still own… Read More

  • BuzzFeed authorizes $200 million flat round

    BuzzFeed authorizes $200 million flat round

    A Delaware filing has confirmed that BuzzFeed authorized $200 million in Series G financing. At $45.04, this is the same share price as their round last year, which valued the digital media company at $1.5 billion. Recode reported last month that NBCUniversal was talking about making another investment and it’s possible that this is what the filing is in reference to. The filing does… Read More

  • Crunch Report | Snap Preps for IPO

    Snap preps for the Street, Microsoft releases announcements benefiting the Linux and Macintosh ecosystems and Google Earth is now in VR. All this on Crunch Report. Read More

  • Snapchat has reportedly filed confidentially for its massive IPO

    Snapchat has reportedly filed confidentially for its massive IPO

    Snapchat appears to be moving forward in its plans to go public early next year with the company filing confidentially for its IPO, according to a report from Reuters. In recent years, companies have begun filing confidentially for their initial public offerings well ahead of revealing their financial guts in the formal IPO process. That gives a time window between the SEC getting the… Read More

  • Snapchat is reportedly looking to raise as much as $4B in its upcoming IPO

    Snapchat is reportedly looking to raise as much as $4B in its upcoming IPO

    In May earlier this year, Snapchat raised around $1.8 billion in a financing round that valued it at around $18 billion — and now it looks like that valuation could double in its upcoming IPO. Bloomberg is reporting that Snapchat is looking to raise as much as $4 billion in its initial public offering that could value it as high as $35 billion. Previously, the company was reportedly… Read More

  • While the IPO market roars back, venture remains leery Crunch Network

    While the IPO market roars back, venture remains leery

    The IPO market is poised to make an almost complete 180° turnaround after a bleak Q1 and a very quiet summer. In contrast, venture capital investments, which had recalibrated alongside the IPO market in the second half of last year, have remained sedate, with a clear flight to quality; fewer rounds, for higher quality companies, with larger check sizes. Read More

  • Coupa up 87% in software IPO

    Coupa up 87% in software IPO

    Coupa was off to the races when it went public on Thursday. The “spend management” software company priced its IPO at $18 and saw its shares almost double during its first day of trading. With clients like Nike and Toyota, Coupa helps companies keep tabs on everyday expenditures and competes with divisions of Oracle and SAP. Founded a decade ago, they claim they’ve saved… Read More

  • Snap is reportedly preparing for an IPO that could value it at $25B or higher

    Snap is reportedly preparing for an IPO that could value it at $25B or higher

    The Wall Street Journal is reporting that Snap — the now-parent company of Snapchat — is working on an initial public offering for as early as March that could value the company at $25 billion or higher. The company most recently raised $1.8 billion in a financing round in May this year. The company has around 150 million daily active users, and leaked documents reported by… Read More

  • Nutanix up 131% on first day of trading

    Nutanix up 131% on first day of trading

    Nutanix made its stock market debut with a bang. After pricing shares at $16, the enterprise data storage company saw 131 percent gains on its first day of trading. With clients like Toyota and Best Buy, Nutanix aims to make it easier for businesses to manage their data centers. Its cloud offerings are making infrastructure “invisible, so the businesses can focus on applications and… Read More

  • Apptio rises 41% in cloud IPO

    Apptio rises 41% in cloud IPO

    Seattle-based Apptio went public on the Nasdaq today, seeing its shares rise nearly 41 percent on its first day of trading. The cloud software company, which targets CIOs, went public during a slow year for tech IPOs. Only a handful have braved the market following the dismal performance of last year’s tech stocks. But the few that went public this year have mostly done very well. Read More

  • Impinj soars 28% in internet-of-things IPO

    Impinj soars 28% in internet-of-things IPO

    It has been a very slow year for tech IPOs, but Seattle-based Impinj decided to brave the public markets and list on the Nasdaq today. The company priced at the top of the range at $14 and then saw its shares rise about 28% on its first day of trading. A leader in developing radio frequency technology, or RFID chips, Impinj has found unique partnerships with Coca-Cola, Macy’s… Read More

  • Line’s share price jumps 50% on Tokyo debut as IPO raises over $1.1B

    Line’s share price jumps 50% on Tokyo debut as IPO raises over $1.1B

    Fresh from a positive listing in New York on Thursday, messaging company Line saw its share jump as high as 50 percent after it listed on the Tokyo Stock Exchange in its native Japan. Read More

  • Chat app Line targets $1.14B raise in what could be 2016’s largest tech IPO

    Chat app Line targets $1.14B raise in what could be 2016’s largest tech IPO

    Line, the messaging app from Asia famed for its cutesy yet expressive emoji-like stickers, is on track to hold 2016’s largest tech public listing. The company today announced pricing for its dual Japan-U.S. IPO, which could raise as much as $1.14 billion. Read More

  • What’s next for Twilio and its unicorn brethren?

    What’s next for Twilio and its unicorn brethren?

    Brexit. Trump. The Federal Reserve. The world threw nearly everything at Twilio for its untimely IPO. Despite market volatility, the company continues to impress. The week the world met Twilio can only be defined as positive. Unfortunately, the greatest challenges for the company lie ahead. Short Term Herd behavior fuels IPOs. Casual investors often jump in immediately because of the… Read More

  • On the floor of The New York Stock Exchange at Twilio’s IPO

    Today Twilio braved the public markets and did what no technology startup has done all year – go public. The company began trading this morning on the New York Stock Exchange under the ticker symbol TWLO, and didn’t disappoint. After pricing at $15 dollars, the stock opened at $23.99 per share and closed at $28.79 — a resounding vote of confidence from a public market… Read More

  • Twilio prices its IPO at $15 per share, above its previous target

    Twilio prices its IPO at $15 per share, above its previous target

    Twilio today said it would price its initial public offering at $15 per share, which would value the company at around $1.23 billion. That would value Twilio above its previous $1 billion valuation from its last financing round. With the pricing, the company expects to raise around $150 million, with an option for another 1.5 million shares to be purchased. It’s also a higher price than… Read More

  • Don’t buy into the myth of the “IPO window” Crunch Network

    Don’t buy into the myth of the “IPO window”

    Let me be very clear — when the right company wants to go public, market conditions just don’t matter. Read More

  • Dropbox says it is cash flow positive, in no rush to IPO

    Dropbox says it is cash flow positive, in no rush to IPO

    With a $10 billion valuation, cloud storage business Dropbox is larger than many public companies. But don’t expect an IPO anytime soon, according to CEO Drew Houston. “Nothing right now,” said Houston, when asked if the company was working on a plan to go public. Speaking at Bloomberg’s Technology Conference in San Francisco, Houston said that Dropbox is… Read More