HighTimes CFO quits amid protracted IPO process

2019-08-01

The chief financial officer of HighTimes Holding, owner of counterculture pot magazine High Times, has jumped ship after just three months — in the midst of a rocky IPO process. Neil Watanabe, who was also the company’s chief operating officer, resigned on July 19 “to pursue other business opportunities,” theRead More →

Slack ends first day of trading worth nearly $20 billion

2019-06-20

Slack Technologies Inc. ended its first day on Wall Street worth nearly $20 billion, after the creator of a popular workplace-chat tool made its public debut via an unconventional route. The business-communications company began trading on the New York Stock Exchange in a direct listing, through which Slack WORK, +48.54%Read More →

Uber stock hit by executive shake-up a month after the IPO

2019-06-07

Shares of Uber Technologies Inc. fell more than 1% in the extended session Friday after Chief Executive Dara Khosrowshahi said in an email to employees the ride-hailing company’s chief operating officer and chief marketing officer are leaving. Khosrowshahi said in the email that he and COO Barney Harford had agreedRead More →

Slack non-IPO: 5 things to know about the direct listing

2019-05-20

Slack Technologies Inc. is looking for a better direct-listing fate than Spotify Technology SA. The music-streaming service reminded tech unicorns late last year that companies don’t have to issue new shares or raise money through a traditional offering if they wish to go public, and now Slack is following inRead More →

CrowdStrike IPO: 5 things to know about the cybersecurity unicorn

2019-05-14

CrowdStrike Holdings Inc. filed for its long-awaited initial public offering Tuesday, joining a surge of 2019 tech IPOs by companies that have commanded huge valuations from private investors but have largely lacked cybersecurity offerings. The Sunnyvale, Calif.-based cybersecurity company said in a filing with the Securities and Exchange Commission thatRead More →

5 things to know about Hookipa Pharma ahead of its IPO

2019-04-17

Hookipa Pharma Inc., a biotech that’s using arenavirus-based platforms to develop treatments targeting infectious diseases and cancers, priced its initial public offering on the low end of its range late Wednesday. The company said it will sell 6 million shares at $14 each, after previously saying it would offer 6.7Read More →

Uber IPO has 4 big red flags that should alarm you

2019-04-13

Uber Technologies dropped its offering prospectus late Thursday as it prepares for an initial public offering in May. The one number it hopes potential investors will notice is revenue growth, which was up 42% last year to $11.3 billion from $7.9 billion in 2017. That’s probably enough for the growth-at-any-priceRead More →