IPO

  • Are IPOs The New Down Rounds?

    Are IPOs The New Down Rounds?

    It’s become a meme in tech circles, “IPOs are the new down round,” venture capitalists quip. The dreaded “down round,” when a startup raises capital beneath its prior valuation, is getting pushed back to the public markets. While most companies grow their value in the stock market, Square, Box  and Hortonworks went public at market caps that were lower than what… Read More

  • Tinder Owner Match Group Debuts On Nasdaq At $13.50/Share, Up 12.5%

    Tinder Owner Match Group Debuts On Nasdaq At $13.50/Share, Up 12.5%

    After a bizarre interview from one of its executives on the day of its IPO pricing, today Match Group, owner of the popular Tinder dating app, listed as a public company, spinning out from its parent IAC. The company yesterday raised $400 million with its IPO priced at $12 per share, and today it opened for trading as $MTCH at $13.50/share, a pop of 12.5%. The company’s $12 share… Read More

  • Instructure Up 8% From IPO, CEO Sees “Huge Renaissance” In EdTech

    Instructure Up 8% From IPO, CEO Sees “Huge Renaissance” In EdTech

    Instructure, the Utah-based educational technology company, went public on the New York Stock Exchange on Friday. After pricing at $16, shares were up 8 percent by early afternoon trading. Instructure builds educational software for both K-12 education and corporate learning. The Blackboard competitor says it has over 10 million users of its products in over 25 countries. Read More

  • JP Morgan To Grant IPO Access To Everyone

    JP Morgan To Grant IPO Access To Everyone

    Traditionally limited to institutional investors and high-net-worth clients, J.P. Morgan is about to make it easier for retail investors to gain access at the IPO price. The bank is announcing today that it will partner with Motif Investing to give ordinary investors the option to purchase shares in IPOs that are managed by J.P. Morgan. Read More

  • Dell Files IPO for Cybersecurity Unit

    Dell Files IPO for Cybersecurity Unit

    Dell Inc. has filed confidentially for an IPO for its SecureWorks cybersecurity unit, TechCrunch has confirmed. The IPO is anticipated to happen before the end of the year. First reported by the Wall Street Journal, SecureWorks could be valued at up to $2 billion. The report said that SecureWorks is working with Bank of America and Morgan Stanley to manage the IPO. Dell acquired SecureWorks… Read More

  • Pure Storage Prices IPO At $17

    Pure Storage Prices IPO At $17

    Enterprise storage company Pure Storage has raised $425 million after pricing its IPO on the NYSE at $17 per share, as originally reported by the Wall Street Journal. The company is trading under the ticker, “PSTG.” The Mountain View-based company competes with Dell, EMC, HP and others to provide flash storage products for businesses. Pure Storage warned in its filing that some… Read More

  • Beyond Tech IPOs Crunch Network

    Beyond Tech IPOs

    Technology darlings like Uber, Pinterest and Airbnb may be taking their time on the way to exit, but that doesn’t mean IPOs aren’t happening. They’re alive and well in the consumer space — from food brands to premium pet food and retail establishments. So why are these companies pursuing IPOs — and finding success in the markets — while tech companies… Read More

  • There Is No Silicon Valley Crash Coming — For A While Crunch Network

    There Is No Silicon Valley Crash Coming — For A While

    Talk of the bubble bursting eventually surfaces with every successful market. When valuations are increasing exponentially, excitement is building to a fever pitch, and companies are sprouting seemingly overnight — it’s almost like everyone becomes afraid that success won’t last. Read More

  • Apigee Closes Its First Public Day Worth $16.68 Per Share, Down 1.9% From Its IPO Price

    Apigee Closes Its First Public Day Worth $16.68 Per Share, Down 1.9% From Its IPO Price

    Apigee, a company that helps organizations build and manage API connectors, went public this morning at $17 per share, briefly jumping to $20 per share before closing at $16.68, down 1.88 percent in its first day of regular trading. After-hours, the company is flat. The company sold 5,115,000 shares in its IPO, raising $87M according to its CEO Chet Kapoor. It trades under the… Read More

  • As Box IPO Surges, Startup Community Reacts

    As Box IPO Surges, Startup Community Reacts

    Box’s IPO was never a normal deal. When Wall Street cooled to tech IPOs last year, especially involving firms that are subscription-based with high customer acquisition costs, the Box offering became the canary in the Wall Street coal mine. The general consensus was that if Box succeeded, other firms could follow, allowing Silicon Valley and its attached investor class to breathe… Read More

  • Box Said To Price IPO At $14 Per Share, Will Raise $175M At $1.67B Valuation

    Box Said To Price IPO At $14 Per Share, Will Raise $175M At $1.67B Valuation

    Box has priced its IPO at $14 per share, according to a Reuters report citing an underwriter of the offering. The company initially priced its shares in the range of $11 to $13, a more conservative band than it had initially signaled in its first S-1 document. The price values Box at approximately $1.67 billion. Box last raised private capital at a $2.4 billion valuation, making the IPO… Read More