MuleSoft is the latest “unicorn” to file for an IPO. The company, which helps businesses like Netflix and Spotify with their APIs, has unveiled its financials to the public in an S-1 filing, suggesting that they are targeting a debut as soon as March. The size of the proposed IPO is $100 million, but that is subject to change. In the filing we see that MuleSoft had $187.7… Read More
The short answer for why Snap lowballed its initial valuation for its initial public offering is that it probably won’t be that low for long. Normally these prices are set by expectations the underwriters and executives can divine from their conversations with Wall Street. It’s essentially a matching game — how does Snap and its underwriters figure out where to price the… Read More
Twitter co-founder and CEO Jack Dorsey spoke on stage with COO and CFO Anthony Noto at the Goldman Technology Conference in San Francisco on Wednesday. The leaders of the social media giant reiterated Twitter’s mission as a real-time information platform and spoke of its latest accomplishments, but also talked about the challenges of growing what is already a widely-used site. “We… Read More
PayPal has agreed to buy bill payment management company TIO Networks for $233 million in cash. The deal will allow PayPal to gain access to a market of customers who pay their utility and cable bills at kiosks in locations like Rite Aid.
This will help the company reach the “underserved” chunk of North Americans who are living paycheck-to-paycheck, some who even lack bank… Read More
Many things that used to be true primarily of the public market now happen within the world of private company investing, including the participation of mutual fund investors.
Now, you can add equity research reports to that list.
Goodwater Capital — a two-year-old, consumer-tech-focused venture firm is today taking the wraps off a detailed snapshot of pre-IPO Snap, parent of the… Read More
Amazon Prime has driven growth for the e-commerce company for years now. But Amazon has traditionally been cagey about disclosing too many details regarding the popular service. In a 10-K filing summarizing performance throughout 2016, the business did something that drew the attention of Wall Street analysts. It designated a category entitled “retail subscription services”… Read More
Nikon’s plan to restructure in the face of challenges to the digital imaging space has proven more costly than expected in more ways than one. A rough quarter means the company will not only miss profit expectations, but will have to buy out a thousand employees and end its DL line of compact cameras. Read More
Finding financial data, particularly for private companies, is no small task. It usually requires a solid BS detector for researching online and a network of knowledgeable sources to bounce numbers off of — not something that can easily be done over coffee or in the middle of a meeting. PitchBook, a PE and VC database, is integrating financial data into its mobile app to chip away at… Read More