Billion Dollar Unicorns: Squarespace is Willing to Wait Patiently For an IPO

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Market reports suggest that there were more than two billion websites online as of December 2017. The growth in the websites is attributed to the increasing presence of Content Management Systems (CMS) that allow people and organizations to build websites easily without having to truly code. The CMS market is dominated by Wordspace, which accounts for nearly 60% of the sites published. Joomla is a distant second with under 7% market share. But there are several other smaller players that are delivering robust growth within the space. One such player is New York-based Billion Dollar Unicorn Squarespace.

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Billion Dollar Unicorns: Fitbit Struggles to Stay Relevant

According to a research by P&S Market Research, the global wearable fitness tracker market is estimated to grow to $48.2 billion by 2023 driven by the increasing use of fitness tracking apps, demand for continuous health monitoring devices, and increasing disposable income. Billion Dollar Unicorn player Fitbit (NYSE:FIT) has been among the pioneers in the industry. But the company has continued to see its valuation dwindle since it went public in 2015.

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Billion Dollar Unicorns: How Will GitHub Reach Its Billion Dollar Revenue Target?

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Billion Dollar Unicorn player GitHub was founded in 2008 by Tom Preston-Werner, Chris Wanstrath, and PJ Hyett to expand the open source operating system market that was developed by Linux.

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What Else is on Qualys’ Radar?

Early this month, Qualys (NASDAQ: QLYS), a pioneer and leading provider of cloud-based security and compliance solutions, reported a strong quarter that blew past market expectations. >>>

Will Twilio Get Acquired by Salesforce?

Cloud computing software vendor Twilio (NYSE:TWLO) recently reported its first quarter financial results that shattered all expectations. The market is very pleased with Twilio, with some categorizing it as a “star in digitization”.

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Twitter Delivers Second Consecutive Profitable Quarter

Twitter (NYSE: TWTR) appears to be making a slow turnaround this year. It recently reported its quarterly performance that outpaced market expectations and delivered its second consecutive profitable quarter. The market is also impressed with some of the content-related moves that the company is making.

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Billion Dollar Unicorns: BlackLine Striking Powerful Partnerships

According to a report by TechNavio published last year, the global business accounting software market is estimated to grow at CAGR of 6% to reach $4.1 billion by the year 2021. Blackline (Nasdaq: BL) is a SaaS-based finance and accounting firm that is trying to chip away at this market opportunity.

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Billion Dollar Unicorns: Is Microsoft Planning to Buy InsideSales?

According to Transparency Market Research, the global sales performance management market grew 17.1% annually from $2.3 billion in 2017 to $8.1 billion by the end of 2025. Utah-based InsideSales.com is a Billion Dollar Unicorn in the sales performance enhancement space. It has been toying with the idea of an IPO for a while. Maybe 2018 is the year that it lists.

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Tableau Has a Stellar Quarter

According to a recent market report, the global visual analytics market is expected to grow at a CAGR of 22% to reach $7.7 billion in 2023. Data analytics firm Tableau (NYSE: DATA) is a leading player in the industry. In its recent results, it beat estimates driven by a 46% growth in annual recurring revenues. >>>

Will ServiceNow Acquire in India Next?

Cloud-based enterprise applications provider ServiceNow (NYSE: NOW) recently announced its first quarter results. As usual, the company continued to outpace market expectations. In fact, given ServiceNow’s performance, the company was recently qualified as one of the “cloud kings” by analyst Jim Cramer. It has been one of my favorites as well.

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