IPO
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Meal ingredient delivery service Blue Apron is the next big consumer IPO
Amidst an array of enterprise companies that have jumped on the IPO bandwagon following Snap’s successful IPO (aside from its more recent whiff of an earnings report), Blue Apron appears to be the next major consumer IPO. That’s important, because it continues the tone that both enterprise and consumer companies see an opportunity to go public. Read More
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App maker Appian soars 25% on first day as a public company
It was off to the races for Appian, which debuted on the Nasdaq on Thursday, soaring 25 percent on its first day on the stock market. After pricing shares at $12, the company closed the day above $15, valuing the company at about $900 million. Appian prices application software IPO at $12
After a long journey as a private company formed in the dot-com boom of 1999, Virginia-based Appian is finally braving the public markets. Appian announced Wednesday they priced their IPO at $12 per share, raising $75 million for the company. Appian provides app development software for its business and government customers. Read More
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Cloudera finishes up 20% in stock market debut
After pricing its IPO at $15 per share, Cloudera, the enterprise big data company, closed the day up more than 20 percent, at $18.09. This also is above the range of $12 to $14 for which Cloudera was preparing. Identity management software provider Okta seeks to raise $187M with IPO pricing
Okta is setting an increasingly ambitious target for its IPO, now officially pricing it at $17 per share set for its debut tomorrow — and looking to raise as much as $187 million in the hopes that it can capitalize on the newly open IPO window. Cloudera finally ready for the public stage
When I first met Cloudera CEO Tom Reilly in 2015 at the Intel Capital Summit, we were about to go on stage for a fireside chat to discuss among other things Intel’s massive investment in his company.
While on stage, the conversation inevitably turned to when the company might go public. As you might expect, he gave me the standard startup CEO answer. While Cloudera was certainly of… Read More
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App platform company MuleSoft files for IPO
MuleSoft is the latest “unicorn” to file for an IPO. The company, which helps businesses like Netflix and Spotify with their APIs, has unveiled its financials to the public in an S-1 filing, suggesting that they are targeting a debut as soon as March. The size of the proposed IPO is $100 million, but that is subject to change. In the filing we see that MuleSoft had $187.7… Read More
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Snapchat paid Reggie Brown $157.5M to settle his ‘ousted founder’ lawsuit
Ousted Snapchat early employee Reggie Brown was paid $157.5 million in a settlement in September 2014 to close off a 2013 lawsuit he had brought against other co-founders Evan Spiegel and Bobby Murphy, alleging that they had taken his original idea and run with it, pushing him out of the company without compensation in the process.
The details were made public for the first time in… Read More
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Snap has finally filed publicly for its massive IPO
This is another incremental step in the process of going public, but it’s probably the most important because we’re finally getting our first glimpse at the financial guts of the company. Snapchat has gone from a zeitgeist-y app among a younger audience to one with more than 150 million daily users — and one with a strong pitch to advertisers based on the engagement of the… Read More
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Snap will reportedly file publicly for its massive IPO late next week
Snap — the makers of Snapchat — had confidentially filed for its IPO late last year, but it looks like we’ll be getting a look at the inner guts of the company’s financials and workings as early as late next week. The company will file publicly for its initial public offering late next week, according to a new report from Kara Swisher over at Recode. This is yet… Read More
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