fastly Content Delivery Network Fastly Files for IPO Amid Growing Revenue Fastly, a major content delivery network serving clients like The New York Times and Stripe, files for a public offering to raise up to one billion dollars.
uber Uber Spins Out Self-Driving Unit ATG After $1 Billion Investment Uber separates its unprofitable Advanced Technologies Group into a standalone entity after securing $1 billion from Toyota, Denso, and SoftBank. The strategic move improves Uber's financial outlook ahead of its massive public offering.
pinterest Pinterest Stock Surges 25% on First Trading Day, Reaching $13 Billion Valuation Pinterest debuts on the New York Stock Exchange with a strong 25% pop, pushing its market value to nearly $13 billion. CEO Ben Silbermann emphasizes the platform is a utility rather than a social network.
zoom Profitable Videoconferencing Firm Zoom Surges 72% In Nasdaq Debut Zoom kicks off its first day of trading on the Nasdaq with a massive 72% stock jump, reaching a $15.9 billion market value. The videoconferencing company stands out in the 2019 IPO class by actually turning a profit.
pinterest Pinterest Prices IPO Above Range Despite Lyft's Weak Debut Pinterest prices its initial public offering at $19 per share, raising $1.4 billion and achieving a $12.6 billion market cap. The visual search engine moves forward despite recent market jitters caused by Lyft's underwhelming stock performance.
zoom Video Conferencing Firm Zoom Prices IPO Above Range Reaching $9B Valuation Zoom prices its initial public offering above expectations at $36 per share, giving the profitable video conferencing company a $9 billion market cap. The strong demand highlights investor appetite for a rare tech unicorn that boasts rapid revenue growth and shrinking losses.
uber Uber Pours $457 Million Into Self-Driving and Flying Cars Ahead of IPO Uber's IPO prospectus reveals a massive $457 million investment in autonomous vehicles and flying cars last year. Despite this heavy spending, the company admits it will rely heavily on human drivers for the foreseeable future.
uber Uber Files S-1 for NYSE Debut in Potential $120 Billion IPO Uber releases its official IPO prospectus to list on the New York Stock Exchange under the ticker "UBER." The ride-hailing giant reports $11.27 billion in 2018 revenue and prepares for a May public debut following Lyft's recent market entry.
zoom Profitable Video Conferencer Zoom Nears IPO Amid CFO Scrutiny Zoom sets its IPO price range between $28 and $32 per share, targeting a fully diluted market value of $8.7 billion. The company's CEO publicly addresses an anonymous tip regarding the CFO's past workplace conduct but confirms she will remain in her role.
startups U.S. Startups Raise $30.8 Billion in Record Q1 Funding Surge U.S. startups collect $30.8 billion in Q1 2019, driven heavily by massive late-stage financings. Meanwhile, newly public companies like Lyft face early stock market turbulence.
slack Slack Selects New York Stock Exchange for Upcoming Direct Listing Slack plans to bypass a traditional IPO and pursue a direct listing on the NYSE, mirroring the strategy Spotify used last year. The messaging giant chooses this route to provide liquidity for employees and investors without raising new capital.
lyft Lyft Debuts on Nasdaq With Strong Pop Despite Record Losses Lyft makes its public debut on the Nasdaq with a 21 percent pop in its opening price, valuing the ride-hailing company at $24 billion. The highly anticipated IPO sets the stage for upcoming gig economy offerings like Uber.
lyft Lyft Debuts Strong on Nasdaq With a $26.6 Billion Valuation Lyft concludes its first day of trading up 8.7%, securing a massive market cap despite reporting nearly a billion dollars in net losses. The successful launch sets a positive stage for upcoming tech IPOs like Uber and Pinterest.
lyft Lyft Prices IPO at $72 Per Share to Reach $20.5 Billion Valuation Lyft officially prices its initial public offering at the top of its expected range, valuing the ride-hailing company at over $20 billion. The stock begins trading Friday as the first of several major tech start-ups to go public this year.
lyft Lyft Sets $62 to $68 Price Range Ahead of Nasdaq Debut Ridesharing company Lyft officially starts its IPO roadshow with plans to trade on the Nasdaq under the ticker LYFT. The offering aims to raise up to $2.1 billion despite the company reporting significant net losses.