2017 IPO Prospects: Spotify Delays Again

Music streaming company Spotify has been thinking about its IPO for a while. A year ago, analysts were expecting it to take the plunge in 2017. But recent reports suggest that the company may be delaying the IPO again, as it works on improving its operations and financials.

Death by Overfunding: Beepi Towed Off-Market

According to a report by car auction company Manheim, the US auto industry has seen a bullish trend over the past few years. Used car sales grew 6% in 2016 and the trend is expected to continue in the next few quarters. But despite the market conditions, online player and a former Billion Dollar Unicorn expectant Beepi

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2017 IPO Prospects: ForeScout Files “Confidentially”

Last year, only 40 VC-backed US startups went public. This was the lowest number since 2009. The volatile public market at the beginning of the year forced several startups to delay their IPO plans. One of them was cyber security Billion Dollar Unicorn ForeScout. But it has recently filed confidentially for an IPO. 

Twilio Focuses on Enterprises

Twilio’s (NYSE: TWLO) roller coaster start on the stock markets appears to have settled down. After soaring more than three times within a few months of listing, the stock appears to have calmed down to more realistic levels.

For Salesforce, it is all About AI Now

Earlier this week, Salesforce (NYSE: CRM) reported its quarterly results, surpassing market expectations. For a while now, Salesforce has been targeting to become the first $10 billion cloud services company. Recent outlook reveals that the milestone may not be too far off now.

Billion Dollar Unicorns: Global Switch Wants to be Leader in Data Centers

According to a report by Research Beam, the Global Data Center Market is estimated to grow at 10.7% annually through the period 2016 to 2020. The growth in the industry is attributed to the increasing demand among organizations to move to virtualization and automation while demanding higher operational efficiency. London-based Global Switch is a Billion

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Billion Dollar Unicorns: BlackLine Continues to Grow Post IPO

Last October, Los Angeles-based BlackLine (Nasdaq: BL) known for its SaaS financial reconciliation software, had gone public despite the weak IPO market. But the company’s strong product offering and a keen business sense have kept it in good stead. It recently reported its fourth quarter earnings and the market was pleased with its performance.

Billion Dollar Unicorns: Putting Flipkart’s Struggles in Perspective

Flipkart had a turbulent time in 2016 as it struggled with management changes and exits of top-level executives as well as against the might of Amazon. It started the year 2017 with yet another management change to focus on profitability and prepare it for going public.