Article Trunk



Posts Tagged ‘ipo’

Can’t stop won’t stop: Social Capital Hedosophia just filed for its fourth ****, says new report

According to a new report in Bloomberg, Social Capital Hedosophia has filed plans confidentially with the SEC to raise $500 million for its newest blank-check company. It will be the fourth special purpose acquisition company, or ****, to be raised by the outfit, which is headed up by Chamath Palihapitiya and his longtime investment partner, ...

What will a Wish IPO look like? Seems we’ll find out sooner than later

Wish, the San Francisco-based, 750-person e-commerce app that sells deeply discounted goods that you definitely don’t need but might buy anyway when priced so low — think pool floaties, guinea pig harnesses, Apple Watch knockoffs — said yesterday that it has submitted a draft registration to the SEC for an IPO. Because it filed confidentially, ...

The good and the less-good from Sumo Logic’s updated IPO filing

Sumo Logic filed an S-1/A this week, updating the world to its latest financial results ahead of its IPO pricing. Today, just over a week after we first looked at Sumo Logic’s recent financial performance when it filed its first S-1 document, let’s explore what’s new in the document and what the numbers tell us. ...

SaaS stocks survive earnings, keeping the market warm for software startups, exits

We’re on the other end of nearly every single SaaS earnings report that you can name, with the exception of Slack, and shares of software companies are holding onto their year’s gains. Which means SaaS and cloud companies have made it through a somewhat steep gauntlet largely unscathed. There were exceptions, of course, but when ...

Everyone filed to go public Monday

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines. We’re back out of sequence, because literally every company you can name (well, almost) dropped an S-1 yesterday so we had to sit down and parse them out a bit. That so many filings dropped ...

Sutter Hill strikes ice-cold, $2.5B pre-market return with Snowflake’s IPO filing

Today is the day for huge VC returns. We talked a bit about Sequoia’s coming huge win with the IPO of game engine Unity this morning. Now, Sequoia might actually have the second largest return among companies filing to go public with the SEC today. Sequoia strikes gold with Unity’s IPO filing Snowflake filed its ...

Palantir targeting 3 class voting structure according to leaked S-1, giving founders 49.999999% control in perpetuity

We are continuing to make progress through Palantir’s leaked S-1 filing, which TechCrunch attained a copy of recently. We have covered the company’s financials this morning, and this afternoon we talked about the company’s customer concentration. Now I want to talk a bit about its ownership and stock valuation. First, let’s talk about ownership. Having ...

Leaked Palantir S-1 shows company has 125 customers after 17 years

We are still walking through Palantir’s leaked S-1, which as of the time of this writing, hasn’t yet been filed and published by the SEC. This morning, we discussed some of Palantir’s financials, including its revenues, margins, and net losses. Leaked S-1 screenshots show Palantir losing $579M in 2019 The company’s customer base — and ...

Leaked S-1 screenshots show Palantir losing $579M in 2019

Palantir filed an S-1 confidentially to the SEC in early July, but we have so far been waiting for the final doc to be published for weeks now with nary a murmur. Now, thanks to some leaked screenshots to TechCrunch from a Palantir shareholder, we might have some top-line numbers. In screenshots of a draft ...

Unicorn rodeo: 6 high-flying startups that are set to go public

This week Airbnb announced that it has privately filed to go public, putting the famous unicorn on a path to a quick IPO if it wants. The recent move matches reporting indicating that the home-sharing upstart could yet go public in 2020 despite the collapse of the travel industry. The Exchange explores startups, markets and ...