by RJ Shara | Aug 21, 2020 | Fundings and Exit, Startups
This week Airbnb revealed that it has privately filed to go public, putting the popular unicorn on a path to a quick IPO if it desires. The recent move matches reporting suggesting that the home-sharing upstart might yet go public in 2020 in spite of the collapse of the travel market. The Exchange checks out startups, markets and […] Airbnb is not the only venture-backed business of note that is looking to go public at the minute, or that has independently submitted to go public. So, this morning, let’s gather a digest of each unicorn that has submitted privately, is expected to debut soon, or may go public in the next year or two. Airbnb’s Q2 profits fell by at least 67% from $1 billion or more to $335 million in the period, per Bloomberg. …
by RJ Shara | Aug 4, 2020 | Startups
Today Intercom revealed that it has actually employed a chief monetary officer (CFO) as it ramps towards an IPO. The unicorn also promoted its COO to the CEO function previously this year. The business’s current CEO, Karen Peacock, told TechCrunch that her new CFO Dan Griggs was a strong prospect thanks to his experience assisting take […] The unicorn likewise promoted its COO to the CEO role previously this year. Intercom is a software application startup that sells customer-chat software that works with support and marketing groups. Dan Griggs, via the company. The CEO is on the exact same page, saying throughout the very same call that Intercom is not in a rush to go public, and desires to construct out some internal infrastructure prior to executing the transaction. …
by RJ Shara | Jun 18, 2020 | Startups
3 years ago nearly to the day, Intercom announced that it was bringing previous Intuit exec Karen Peacock on board as COO. Today, she got promoted to CEO, effective July 1. Current CEO and business co-founder Eoghan McCabe will become Chairman. As it turns out, these relocations aren’t a coincidence. McCabe had been actively thinking […] McCabe states that experience was one of the reasons he spent six months trying to convince Peacock to end up being COO at Intercom in 2017. Peacock says she desires to continue building the business and using her function to construct a diverse and inclusive culture., less than 6% of women hold CEO tasks in the U.S. Peacock definitely sees this and wants to continue to mentor women as she takes over at Intercom. Peacock says that taking over during a pandemic makes it interesting, and instead of visiting the business’s workplaces, she’ll be doing a lot of video conferences. …
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