Tag: unicorn
Why Dropbox shares are soaring after it reported earnings
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. This morning we’re digging into Dropbox’s earnings report (Q4 2019), and why its recent financial performance and plans for 2020 are making the storage and productivity-focused SaaS player shares soar.…
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ForgePoint raises a massive new $450M fund for early stage cybersecurity startups
ForgePoint Capital has formally announced its new $450 million fund, which it says is the largest fund dedicated to early stage cybersecurity and privacy startups. The fund, the firm’s second — which it aptly named Fund II — will invest in both early stage and a number of other growth-focused…
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Understanding Airbnb’s new, stubborn lack of profits
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. This morning we’re exploring Airbnb’s march to the public markets. The popular DIY hospitality startup promised last year that it would go public in 2020. That timeline means that its…
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Meet 5 cybersecurity unicorns that could IPO in 2020
There was a lot of moving and shaking in the cybersecurity unicorn world in 2019. It was a year that saw two of the biggest exits in cybersecurity history: CrowdStrike went public valued at $3.35 billion and Cloudflare rocketed 20% in its first day on the stock market. Clearly, the…
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