by Admin | Apr 26, 2019 | Companies, News, Technology
TechCrunch today reported that Slack has filed to go public via a direct listing. Rather than a traditional IPO, a direct listing allows existing shareholders to sell their stock to investors. In this case, Slack’s S-1 filing shows that it plans to make $100 million...
by Admin | Jan 5, 2018 | Companies, Technology
2017 was not an excellent year for tech company IPOs. Snap, for example, had a quick run-up from its IPO price of $17 a share to almost $30, but its share price plummeted almost as fast as it rose. The company’s stock price has yet to rebound to its IPO value. A...
by Admin | Apr 14, 2017 | Companies, News, Technology
After years of speculation, it looks like Airbnb is going public—but not any time soon. The company has been venture-funded to date and has raised $4.4 billion from investors such as General Atlantic Managing Director and Head of Internet Anton Levy, actor Ashton...
by Admin | Mar 6, 2017 | Companies, News, Social Media, Technology
When Snap, the parent company of social messaging service Snapchat, made its IPO on March 2, it was already trading higher than its initial value of $17 per share. It closed the day at $24.48 per share. It sold 200 million shares to raise $3.4 billion, and made its...
by Admin | Nov 24, 2015 | Companies, News
Now that Jack Dorsey’s Square has finally made its IPO, a lot of things are happening. CNN Money reported that the IPO was a bust, a “moral victory for the unicorns,” but it seems that real money was actually made on the deal. Square, the mobile payments processing...
