Intel has filed paperwork to spin off Mobileye, its autonomous driving unit, roughly five years after it acquired it.
Robinhood Aiming for $35 Billion Valuation
Robinhood is aiming for a $35 billion valuation as the company prepares to go public next week. Robinhood helped democratize stock trading, making it relatively easy for anyone with a smartphone to get involved. The company has built on that…
Impossible Foods Preparing to Go Public
Impossible Foods is preparing to go public, amid growing demand for plant-based meat alternatives.
Reddit Hires Drew Vollero As First CFO On Road To IPO
Reddit has hired Andrew (Drew) Vollero as its first CFO as the company prepares to go public.
Coinbase Warns of the Risk Bitcoin’s Founder Poses On Eve of IPO
As Coinbase prepares to go public, it is warning of the risk Bitcoin’s founder(s) pose to the cryptocurrency market in general, and Coinbase in particular.
C3.ai Files For a Proposed IPO
On the heels of news it had joined forced with Microsoft and Adobe to challenge Salesforce, C3.ai has announced its intention to file an IPO.
Qualtrics IPO Is A Win-Win, Says SAP CEO
Just twenty short months after SAP announced their intention of acquiring Qualtrics for $8 billion just prior to their IPO SAP is taking Qualtrics public.
We Are An Experience-Driven Company, Says Chewy CEO
“Last year we sent about 50,000 pet portraits to our customers,” says Chew CEO Sumit Singh. “We’re an experience-driven company. This is not a cost. This is an engagement mechanism.We think of this as an experience building. We have 90 percent re-ups (of our subscriptions). Our customers love engaging with us.”
We Want To Make It Easier For People To Go From Inspiration To Purchase, Says Pinterest CEO
“I don’t know about social commerce overall but I definitely know that our users often want to buy the things they find on Pinterest,” said Pinterest CEO Ben Silbermann while discussing going public on the NYSE. “We just want to make it easier for them to go from that inspiration all the way to reality, which in this case would be a purchase.”
Slack’s Troubles Mount: SEC Launches Investigation
Slack has not had a good week. On the heels of a CNBC report that Microsoft Teams is maintaining its lead over the messaging service, The Wall Street Journal (WSJ) is reporting that the Securities and Exchange Commission (SEC) has…
Compass Launches Consumer Site With AI-Driven Recommendations, Says CEO
We just launched a new consumer site that lets our agents collaborate with their clients, says Compass founder and CEO Robert Reffkin. It has features such as AI-driven recommendations exactly for the buyer. Based on everything that they’re searching it makes recommendations.
Uber CEO: We Expect This Business To Be Very Profitable
“Not only do we expect to hit cashflow break-even, but we expect this business to be very profitable at maturity,” say Uber CEO Dara Khosrowshahi. “I think that going forward our spending declines as a percent of revenue. So when you’re growing trips 35 percent year on year your spending is going to increase.”
Even Just on the Medical Side, There’s Big Business in Pot
There’s a big business to be built just on the medical side of legal marijuana says legendary technology investor Geoff Lewis. Lewis was an early investor in Tilray which recently had a hugely successful IPO of which he was pleasantly surprised.
Dropbox’s Initial Public Offering is Priced at $21, Company Market Cap Reaches $9.1 Billion
Investors, especially those who specialize in picking tech stocks, will now have one additional company to consider as an investment option. A decade after its founding, Dropbox is now a publicly traded company starting Friday, March 23, 2018. The San…
File-Sharing Giant Dropbox Reportedly Makes Plans to Go Public
If you are one of those investors who specialize in trading shares of technology companies, you might have one more company to play with in the coming months ahead. People privy to the deal are now claiming that the next…
Uber Wants to Go Public in 18-24 Months, According to Leaked Documents
According to a leaked presentation to potential investors in China, Uber plans to go public in the next 18-24 months – putting the IPO sometime near the end of 2016 to the middle of 2017. Reuters reports on the documents,…
Square Reportedly Files for IPO
Has payments company Square secretly filed to go public? That’s the word from Bloomberg, which quotes the ubiquitous sources familiar with the matter. Square was said to be gearing up for this for the past few months, with reports last…
Fitbit Files $100 Million IPO
Fitness tracking wearables company Fitbit has decided to go public According to Fortune, Fitbit will trade on the NYSE under the symbol FIT. The company says it plans to raise $100 million, but that number is likely to change. Fitbit’s…
Ashley Madison Taps “Laissez Faire” Europe for IPO
If you’re a married person looking to have an affair, the number one internet destination is AshleyMadison.com. The Toronto-based company is looking to go public, but its hopping across the pond to do so. Avid Life Media, parent company to…
GoDaddy Files for a $100 Million IPO
In 2006, web hosting company GoDaddy.com decided it was time to file for an initial public offering (IPO). However, it quickly changed its mind after learning that it would have to take a 50 percent haircut (a loss on the…