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5 burning questions Blue Apron’s IPO is about to answer
Blue Apron will be going public in short order, kicking off the second big major consumer IPO of 2017. It’s nowhere near as big as Snap, but the company at the top end of its IPO pricing will be valued at around $3.2 billion as it looks to raise nearly $600 million. The company’s IPO comes at an interesting time as we approach the midpoint for 2017, which has seen a big wave of… Read More
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Snap taps its IPO price as it continues to crash
Update: It happened! Snap fell down to its IPO price (for a few seconds) of $17 per share after its continued steady march south over the past several weeks. The company is now barely holding just above its IPO price. Snap’s last earnings report resulted in a disaster, and while the company still managed to stay above $20 for an extended period of time, a string of bad days for the… Read More
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Snap is getting absolutely crushed after falling short of Wall Street’s expectations
Snap may have had a successful IPO, but that was pretty much wiped out after it reported its first-quarter earnings — where it completely whiffed on what Wall Street was expecting. The stock is down more than 20 percent in extended trading after it reported its first-quarter earnings. In short, it doesn’t look good. Read More
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Crunch Report | Quora Valued At Around $1.8B
Today’s Stories Q&A app Quora valued around $1.8 billion in $85 million fundraise Elon Musk’s Neuralink wants to turn cloud-based AI into an extension of our brains Duolingo launches paid subscriptions as it experiments with new ways to monetize its service Snap acquires the crucial geofilter patent from Mobli for a record $7.7M Credits Written and Hosted by: Anthony Ha… Read More
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Yext is set to raise $115.5M in its IPO after final pricing
Yext today said it would price its initial public offering at $11, meaning the company will raise around $115.5 million in its IPO as it sets up for a debut tomorrow. Yext will be the second enterprise company in the past week alone that will make its public debut tomorrow following this pricing. With Snap’s IPO seen as successful, as well as tech IPOs in general looking good so far,… Read More
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Snapchat launches Bitmoji widget chat shortcuts for your home screen
Snapchat is doubling down on private messaging as Instagram and Facebook Messenger clone and steal usage from its Stories feature. Now you can instantly start chatting with your best friends on Snapchat. Identity management software provider Okta files for today’s second $100M IPO
It looks like Snap’s (at least perceived) successful IPO has officially opened the window: Following Yext officially filing for an IPO this afternoon, identity management software company Okta just dropped its official filing for an IPO. Snap opens second Spectacles pop-up shop in Venice, LA
Snap today took another step on its quest to truly become the “camera company” it says it is. Following the November 21st launch and subsequent February 20th close of its NYC pop-up shop, it’s now opening a temporary store on the Venice boardwalk near its Los Angeles headquarters. Of course, would-be camera sunglasses buyers don’t have to trek to a physical location… Read More
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Snap’s high-priced IPO rakes in cash for big acquisitions
Most of Snap’s top products came from acquisitions, and now it will have the war chest to make more. Yet it didn’t have to blow its momentum to collect this cash. After pricing its IPO at $17, above its original $14 to $16 range, today its shares popped over 40 percent to start trading at $24. That means it pocketed $3.4 billion while still looking cool and confident on the… Read More
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Snap valued above $30B as shares pop more than 40% in public trading debut
After months of hand-wringing, Snap’s IPO has now set the stage for what people will be expecting for the future of its business. Snap’s performance this morning is also setting the stage for what investors and Wall Street will be looking for at tech IPOs moving forward this year. Read More
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