Next week's $150 million IPO from data management SaaS provider Box (BOX) could open the door for other enterprise software IPOs in the pipeline. While the tech selloff in early 2014 saw a large reset on valuations and delayed many IPO timeframes (e.g. Box),...read more
After the most active first quarter since 2000, the 2Q14 trumped it with the highest number of IPOs in any quarter since the heyday of the tech bubble. With 83 IPOs priced, issuance was up 30% sequentially and 36% year-over-year. While biotechs dominated the IPO...read more
Zendesk (ZEN), which provides a SaaS platform that consolidates customer interactions, popped 49% yesterday after pricing at the midpoint. Yet investors who view Zendesk as a turning point for tech IPOs should recall the ...read more
The IPO market has been hobbled by a technology selloff after a period of lofty valuations. This prolonged correction has driven down IPO returns, evidenced by the Renaissance IPO ETF (symbol: “...read more
Thinking outside the Box: 7 major cloud software IPOs that could hit in 2015
Next week's $150 million IPO from data management SaaS provider Box (BOX) could open the door for other enterprise software IPOs in the pipeline. While the tech selloff in early 2014 saw a large reset on valuations and delayed many IPO timeframes (e.g. Box),...read more
Renaissance Capital's 2Q 2014 US IPO Market Review
After the most active first quarter since 2000, the 2Q14 trumped it with the highest number of IPOs in any quarter since the heyday of the tech bubble. With 83 IPOs priced, issuance was up 30% sequentially and 36% year-over-year. While biotechs dominated the IPO...read more
The Weekly IPO Pricing Recap: technology IPOs find their footing
Zendesk (ZEN), which provides a SaaS platform that consolidates customer interactions, popped 49% yesterday after pricing at the midpoint. Yet investors who view Zendesk as a turning point for tech IPOs should recall the ...read more
Zendesk pops 49%; take a deep breath and wait for the follow-through
The IPO market has been hobbled by a technology selloff after a period of lofty valuations. This prolonged correction has driven down IPO returns, evidenced by the Renaissance IPO ETF (symbol: “...read more