Suddenly, it’s mating season in the tech sector. Xerox is paying $6.4 billion for a piece of the cloud, Adobe is hooking up with Omniture and Intuit with Mint, and that may just be the start. As Om pointed out, this is good news for startups… Read More »
IPO
Instead of holding out for an IPO or acquisition, these days, employees who have spent years at burgeoning startups are eager to sell their stock holdings in exchange for cash, an article in the Wall Street Journal pointed out today. Case in point: Current and former… Read More »
Update: LogMeIn is trading at $20.13 a share in its first hour of trading. LogMeIn, a Woburn, Mass.-based company that is going public, has priced at $16 a share, according to The Wall Street Journal. LogMeIn will start trading tomorrow under the ticker “LOGM.” With 6.7 million… Read More »
Earlier today we hosted one of our GigaOM Bunker Series sessions, monthly events that we’re holding in order to provide an intimate forum at which some of the most pressing issues facing startups can be discussed. Today’s topic was “The Future of IPO/Liquidity Events for… Read More »
OpenTable’s stunning performance in its first day of trading is a sign of unexpected warmth in the market for technology IPOs. But while the market success of the restaurant reservations software developer may not be a true bellwether that leads to a flurry of additional IPOs,… Read More »
While the recession had many predicting the IPO market would be largely non-existent in 2009, several new tech stocks listed on public markets during April and now in May. The companies squeaking out of the IPO queue, however, are mature, profitable and cash-rich. Their proceeds are… Read More »
Some 40 venture funds raised $4.3 billion during the first quarter of 2009 — the fewest to raise money in a single quarter since the third quarter of 2003, according to data out today from the National Venture Capital Association. And while the dollar figure was… Read More »
