Snowflake’s IPO could value it as high as $24B, Salesforce and Berkshire to invest

Snowflake’s IPO could value it as high as $24B, Salesforce and Berkshire to invest

On the heels of brand-new filings from both Sumo Logic and JFrog, Snowflake, a venture-backed unicorn looking to go public on the strength of its data-focused cloud service, set an initial cost variety for its IPO. The$75 to $85 per-share IPO cost target values the firm at in between$20.9 billion and$23.7 billion, big […]
. , Snowflake, a venture-backed unicorn looking to go public on the strength of its data-focused cloud service, set a preliminary cost variety for its IPO. The $75 to $85 per-share IPO rate target values the firm at between $20.9 billion and$23.7 billion, huge amounts for the personal company. Its IPO could raise more than$2.7 billion for the start-up. …

Everyone filed to go public Monday

Everyone filed to go public Monday

Hello and invite back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unload the numbers behind the headlines. We’re revoke sequence, since actually every company you can name (well, practically) dropped an S-1 yesterday so we needed to sit down and parse them out a bit. That numerous filings dropped […] That so lots of filings dropped throughout the very same two days when we had Y Combinator’s two-day Demonstration Day at the same time meant that we were all a bit punch intoxicated, however we rallied. Snowflake had Danny so excited he was conjuring scripted segues, and we were all impressed at its historical growth. Sure, it lost a lot of cash last year, but, hi, Snowflake has called that back. And then there was Asana, a business I’ve covered quite a lot over the years. We’re back out of sequence, because literally every business you can name (well, nearly) dropped an S-1 yesterday so we had to sit down and parse them out a bit….

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

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

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. …