Startup Cloudflare is considering an IPO.
Rumor has it that Cloudflare is planning to go through the stock market. The network service provider is expected to go public as early as the first half of 2019. It is estimated that the company is valued at $3.5 billion.
The generally reliable Reuters press agency reports this on the basis of peop... Read more
“Uber wants to bring self-propelled cars into a separate company.
Uber is considering separating and demerging its Advanced Technologies Group, which is engaged in the development of self-propelled vehicles. This choice would have been made in order to make the planned IPO run more smoothly. The development of self-propelled cars is very expensive.
The Financial T... Read more
“Banks give Uber a valuation of $120 billion for an IPO.
Several Wall Street banks have recently sent Uber proposals in which they attribute a value of up to 120 billion dollars to the taxi service. The proposals are intended for a possible IPO of the company at the beginning of next year. That's what insiders say about the Wall Street Journal.
The docume... Read more
Snowflake raises another $450 million in new investment round
Snowflake, the cloud data warehouse, raised 263 million dollars earlier this year on an investment round. CEO Bob Muglai then speculated that the company might not need any more extra money in preparation for an IPO. If we fast-forward by nine months and arrive at today, this speculation does not ap... Read more
Shares of Elasticsearch almost double at IPO
The shares of the enterprise search engine Elasticsearch increased by 94 percent during the first trading day after the IPO of the company. The company had put the price of its shares at 36 dollars for its debut on the New York Stock Exchange. The shares were worth 70 dollars last week after the deb... Read more
“Slack wants to go public at the beginning of 2019.
Slack Technologies is expected to be listed on the stock exchange within the next few months. At the moment, a team from the company seems to be actively preparing for this IPO. The intention would be to enter the stock market in the first half of 2019.
That's what the Wall Street Journal reports t... Read more
SurveyMonkey books good IPO results
SurveyMonkey, the company known for the tools it offers for online surveys, raised $180 million at the time of its IPO. In the end, shares were more expensive than the company had originally thought. Yet there is something striking about the IPO.
SurveyMonkey was founded two decades ago. The company... Read more
Dell is considering traditional IPO after opposition from investors
There are many developments taking place behind the scenes at Dell Technologies. First, the company considered making a traditional IPO. That decision was reversed; instead, VMware's subsidiary had to repurchase shares from the stock exchange on a massive scale, so that it could once again become a ... Read more
Card seller Eventbrite makes a very successful IPO
Ticket salesman Eventbrite went to the fair yesterday, and with success. The company raised $230 million and initially sold shares for $23 each. In the meantime, they rose 65% in value to 38 dollars and now the price has fallen to 36.50 dollars per share.
This means that the IPO of Eventbrite can be... Read more
Originally Dutch business search engine Elasticsearch wants to make an IPO.
Recently there was a rumour that Elasticsearch BV had decided in the utmost secrecy to go on the stock exchange. Today this rumour is confirmed by the originally Dutch company. The IPO follows six years after the start of the company in Amsterdam.
Elasticsearch develops business search and analysis ... Read more