Billion Dollar Unicorns: Roku Streams a Successful IPO, for Now

According to a an eMarketer report published earlier this year, nearly 38.9 million viewers in the US would have streamed a video program at least once a month this year using Roku. The number of users for Roku are estimated to have grown 19% over the year this year. Alphabet’s Chromecast and Amazon’s Fire TV are close competitors with Chromecast expected at 36.9 million users and Amazon at 35.8 million users. Recently, Roku (Nasdaq: ROKU), a Billion Dollar Unicorn club member, went public. It has had a good run so far.

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Billion Dollar Unicorns: Razer IPO – Yet Another Story of a Non-Profit Stock

According to a Newzoo report, the global gaming market grew 7.8% to $108.9 billion in 2017 driven by a 19% growth in gaming on mobile devices. Recently, San Diego-based gaming company Razer, a proud member of the Billion Dollar Unicorn club, went public on the Hong Kong Stock exchange.

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For Adobe, Cloud Gains have Just Begun

If there is one stock that has managed to figure out how to transform itself to adapt to the cloud business, it is Adobe (Nasdaq: ADBE). Since Adobe began transitioning its offerings onto a SaaS model, the stock’s performance has steadily climbed. It has climbed nearly 80% since a year ago, and analysts believe that there is more to come.

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AI Player Veritone Lists Despite Weak Financials

According to a MarketsandMarkets report, the global artificial intelligence (AI) market will be worth $16.06 billion by the year 2022. The researcher estimates the industry to grow at a phenomenal rate of 62.9% annually over the period 2016 to 2022. Earlier this year, AI-driven media services provider Veritone (Nasdaq: VERI) went public. It had a rather lackluster start to the listing, but the stock has done fairly well thereafter.

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Tintri’s IPO Fails to Spark Interest

According to a Research and Markets report, the global cloud storage market is expected to grow from $25.171 billion in 2017 to $92.488 billion by the year 2022, at an annualized growth rate of 29.7%. The growth is expected to be driven by the increasing adoption within the BFSI, healthcare, and media and entertainment verticals. But despite the high growth in the industry, recently listed Tintri (NASDAQ: TNTR) is failing to generate interest in itself.

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Billion Dollar Unicorns: Splunk Outpaces Market Expectations

According to an IDC report published earlier this year, the global Big Data Analytics market is forecast to grow from $130.1 billion in 2016 to over $203 billion in 2020, translating to an annualized growth rate of 11.7%. Billion Dollar Unicorn club member Splunk (NASDAQ: SPLK) is benefitting from this rapid growth.

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Will Softbank Own Silicon Valley?

The highest valued Billion Dollar Unicorn Uber recently approved SoftBank’s offer to invest $10 billion in a package deal that values it at a tiered valuation of $48 billion and $68.5 billion. SoftBank this year has invested over $25 billion in companies all over the world through its $98 billion Vision Fund, the largest tech fund ever.

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Billion Dollar Unicorns: No Stable Revenue Model in Sight, but Quora Usage Still Growing Rapidly

During the past two years, companies with multi-billion dollar valuations that have not been supported by a credible business model have seen their valuations collapse. But there are still a few that have managed to retain and even grow into a Billion Dollar Unicorn status, despite their lackluster business models. Crowd-sourced information site Quora is one such example.

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Billion Dollar Unicorns: Stitch Fix Is Worth Celebrating

Billion Dollar Unicorn club member Stitch Fix (Nasdaq: SFIX) recently went public. Its listing is worth celebrating because it is the the first IPO this year for a tech company that was led by a woman. The stock has had a choppy ride as investors are still trying to determine how to value this latest e-commerce in a box company. Nonetheless, in a market dominated by male CEOs, I personally am thrilled to see good execution and a milestone achievement by this company.

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Billion Dollar Unicorns: Talend Going Strong Since Listing

Open source integration software vendor Talend (Nasdaq: TLND) went public last year. Post IPO, the company has constantly been trading above its list price, and has attained a Billion Dollar Unicorn status in the public market.

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