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.”