With so much late-stage money available, why are tech companies going public now?

Ajay Chopra Contributor Ajay Chopra co-founded Pinnacle Systems in his living room and grew it to a multi-billion dollar public company before becoming a venture capitalist with Trinity Ventures. More posts by this contributor Private equity buyouts have become viable exit options — even for early-stage startups Full autonomy is years away, but here’s what’s […]

Equity transcribed: Slack’s IPO, the VCs behind Facebook Libra, founder salaries and trouble in scooter-land

Welcome back to this week’s transcribed edition of Equity. This week, TechCrunch’s Danny Crichton filled in for co-host Alex Wilhelm – who was out in preparation for his wedding this weekend – joining Kate to cover the big news of the week. Kate and Danny dive straight into Slack’s IPO and the implications of its direct […]

Slack’s value rockets as stock closes up 48.5% in public debut

It was a historic day for Slack (NYSE: WORK). The workplace communication software juggernaut debuted on the New York Stock Exchange up 48% at $38.50 per share after reports emerged Wednesday night that the business had agreed to a reference price of $26 per share. Slack, founded in 2009 as Tiny Speck, closed up 48.5% […]

Slack prices IPO at $26 per share

Slack’s public debut is happening Thursday on the NYSE and the company has set a reference price of $26 per share for its direct listing, according to WSJ, which would value the company at around $15.7 billion. The company’s stock is expected to pop at open, according to the WSJ’s sources. Slack is pursuing a direct […]

Weighing Peloton’s opportunity and risks ahead of IPO

Exercise tech company Peloton filed confidentially for IPO this week, and already the big question is whether their last private valuation at $4 billion might be too rich for the appetites of public market investors. Here’s a breakdown of the pros and cons leading up to the as-yet revealed market debut date. Risk factors The […]

Connected bike and treadmill-maker Peloton files confidentially for IPO

Exercise tech darling and service provider Peloton has filed for an IPO with a confidential draft submission of its S-1 statement to the SEC on Wednesday. The company announced the news in a press release, and did not disclose the terms of its initial public offering in the release. Peloton’s entry into the market was […]

CrowdStrike sets terms for $378M Nasdaq IPO

CrowdStrike, in preparation for its Nasdaq initial public offering, has inked plans to sell 18 million shares at between $19 and $23 apiece. At a midpoint price, CrowdStrike will raise $378 million at a valuation north of $4 billion. The company, which develops cloud-native endpoint protection software to prevent cyber breaches, has raised $480 million […]

Luckin leaves bitter aftertaste, now trading below IPO price

In the first few days following Luckin Coffee’s initial public offering, the stock chart for LK looked like a roller coaster. Now it’s looking more like a free fall. The Chinese Coffee chain successfully completed its highly anticipated offering roughly a week ago, raising more than $550 million after pricing at $17 per share, the […]

Big revenues, huge valuations and major losses: charting the era of the unicorn IPO

Joanna Glasner Contributor More posts by this contributor Some reassuring data for those worried unicorns are wrecking the Bay Area From lab-grown meat to fermented fungus, here’s what corporate food VCs are serving up We can make charts galore about the tech IPO market. Yet none of them diminish the profound sense that we are […]

Under the hood on Zoom’s IPO, with founder and CEO Eric Yuan

Extra Crunch offers members the opportunity to tune into conference calls led and moderated by the TechCrunch writers you read every day. This week, TechCrunch’s Kate Clark sat down with Eric Yuan, the founder and CEO of video communications startup Zoom, to go behind the curtain on the company’s recent IPO process and its path […]