Sonos IPO: 5 things to know about the maker of high-end speakers The mature hardware company relies on retailers for sales to a loyal customer base The past few years haven’t been kind to newly public hardware companies, but Sonos Inc. hopes to break from that pattern by relying on a little help from tech […]
Tag: IPO
EquityZen on the ForeScout Technologies IPO in TechCrunch
ForeScout Technologies prices IoT security IPO at $22 As of last year, ForeScout was said to possess a $1 billion valuation. The IPO values ForeScout at just above $800 million. This is what’s become known as a “down round IPO.” Some investors had built-in protections and it looks like Wellington will be granted additional shares to make […]
EquityZen on Redfin IPO in GeekWire.com
Redfin stock climbs in early trading as tech-powered brokerage debuts as public company Redfin stock popped as it debuted on the Nasdaq exchange Friday morning, opening at close to $20 and climbing, well above the opening price of $15. Read more here: https://www.geekwire.com/2017/done-way-redfin-ceo-glenn-kelman-rings-nasdaq-opening-bell-ipo/
EquityZen in TechCrunch
The secondary marketplace EquityZen just landed $6.5 million in funding The number of public companies in United States is at a 40-year low; that’s good news for EquityZen, a four-year-old, New York-based company that operates a secondary marketplace for company-approved transactions in pre-IPO stock. Read more here: https://techcrunch.com/2017/07/18/the-secondary-marketplace-equityzen-just-landed-6-5-million-in-funding/
Tortoise hits Bloomberg
Simplification across midstream sector won’t kill off MLPs There’s a race among pipeline owners to reduce capital costs First came Kinder Morgan Inc., then Targa Resources Corp. and now Oneok Inc. — pipeline giants keep buying up their master-limited partnerships, once darlings of the energy world. Their moves raise a question: Are MLPs — tax-advantaged, […]
Tortoise in Bloomberg
Oil and Gas Explorers Headed for IPO Are Finding Buyers Circling Two explorers on route to public listing bought this month Activity in the industry picking up as oil prices stabilize As oil prices stabilize and confidence returns to the patch, there’s been an uptick in oil and gas companies filing to go public. With […]
EquityZen on the IPO market
How you can invest in unicorn companies The IPO market is struggling to get a boost. Despite an uptick during the second quarter, 2016 is still on pace to be the worst year for U.S. stock debuts since the financial crisis. While that’s not exactly good news for the market, there’s one company that’s profiting […]
EquityZen in cnbc.com
Japanese messaging app Line to mark biggest tech IPO so far this year Line Corp. is preparing to test the public markets next week, the second significant tech IPO of 2016. The Japanese messaging app company is set to raise as much as $1.12 billion, or 116 billion yen, amid one of the most chaotic […]
EquityZen in TechCrunch
Our 2016 Predictions for the IPO Market 2015 was not a good years for IPOs – it was actually the worst year for tech IPOs since the financial crisis in 2009. More and more startups are opting to stay private for longer periods of time. Read more here.
EquityZen in Forbes
The IPO Class Of 2016: Will Unicorns Ride To The Rescue After A Down Year? Call it ‘The Year Without A Blockbuster.’ IPO activity slowed down significantly in 2015, with U.S.-listed proceeds dropping nearly 40%. More noticeable was the lack of a signature debut on par with huge offerings from Facebook, Alibaba and Twitter in […]
EquityZen on CNBC.com
On paper, Khosla’s firm could net a massive return on Square IPO When Square starts selling shares in its initial public offering (IPO), Silicon Valley powerhouse Khosla Ventures may see a huge windfall of $657 million — at least on paper. That estimate comes courtesy of research from EquityZen, and assumes that Square prices its […]
EquityZen's CEO on startup valuations in FoxBusiness.com
Will Stock Market Swings Impact Startup Valuations? Stocks traded mostly lower on Friday after two days of record gains, capping off one of the most volatile weeks in stock market history. With concerns over China shaking investor sentiment, some were wondering if prolonged market uncertainty would close the IPO window. Read more here.
EquityZen in Benzinga
Tank Alert: Did Etsy IPO Too Soon? Etsy Inc. is ailing. The peer-to-peer eCommerce site tumbled 28 percent on Wednesday after investors reacted to worse-than-expected Q2 earnings. The company has had a rough first few months on the NASDAQ. Trading under $14 per share, Etsy is now pegged by the market as worth less than […]
EquityZen CEO Talks Fitbit IPO on foxbusiness.com
Fitbit to IPO Amid Lawsuits and Growing Competition Fitness device-maker Fitbit (FIT) is gearing up for its long-anticipated IPO this week, expecting to raise $621 million, with a market value of nearly $4 billion. A leader in a growing industry, investors will be watching Fitbit as an indicator for the emerging “wearable tech” category. Read […]