Billion Dollar Unicorns: Cloudera Fails to Keep the Market Happy

Earlier this year, Big Data vendor and Billion Dollar Unicorn club member Cloudera filed to go public. Analysts weren’t very optimistic of the company’s valuation on the stock market. But that did not deter the listing. Recent performance suggests that while Cloudera may have lost its earlier lofty valuation, it still manages to stay put

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Billion Dollar Unicorns: Stripe is in no Rush to List

An Allied Market Research report published earlier this year estimates the global mobile payments market to grow 33% annually to $3,388 billion by 2022. The growth in the market is expected to be driven by the Asia-Pacific region. Billion Dollar Unicorn club member Stripe is a leading player in the industry, which also happens to be

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Apptio Valuation Recovers After Post IPO Dip

According to a MarketsandMarkets report, the global cloud-based ITSM industry is expected to grow 15% annually over the next five years to be worth $8.78 billion in 2021. Bellevue, Washington-based Apptio (Nasdaq: APTI), which listed last year is trying to make its mark in this industry.

Billion Dollar Unicorns: Veeva Systems Executes Systematically

According to Accenture, the invasion of cloud technologies is revolutionizing the life sciences industry in three key ways – personalization; use of external innovation and data sources in the development of new products; and in leveraging a global operating model. Pleasanton, California-based Veeva (NYSE: VEEV), a Billion Dollar Unicorn player in this market, is witnessing robust growth and delivering

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eBay Trying to Take on Amazon with Weak Moves

According to a BI Intelligence report, the US consumers spent an estimated $385 billion online in 2016 and are expected to spend $632 billion in 2020. The report also found that the number of online shoppers in the US grew by nearly 20 million last year to 224 million shoppers.

Billion Dollar Unicorns: Will Cisco buy Nutanix?

Technology startup Nutanix went public last October. After the initial surge post listing, the stock hasn’t seen many good days. Last month as the lockup period on the shares expired, the stock fell even further. It does still retain a Billion Dollar Unicorn status, albeit at reducing valuations.

2017 IPO Prospects: Zuora Thinks it Will be a Good Time for an IPO

Over the past few years, the rise of cloud-based services has also resulted in the growth of a subscription economy. More and more enterprises are looking to transition from a traditional product sales model to a pay-as-you-go service relationship. Analysts estimate that global subscription economy will be a $100 billion market by 2020.

2017 IPO Prospects: Will Gusto List?

According to an IBISWorld report, the HR & Payroll software market in the US has grown 6% over the year to $7 billion in 2016. Analysts are hopeful Billion Dollar Unicorn club member Gusto will go public this year.