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Tech founders are shunning IPOs after extended market lull: Techstars

by Mirza Adeeb
Tech founders are shunning IPOs after extended market lull: Techstars

Pedestrians pass the Nasdaq MarketSite in New York, US, on Tuesday, Jan. 2, 2024. Michael Nagle | Bloomberg | Getty Images Silicon Valley is known for producing tech businesses that …

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A juggernaut of the market’s growth hit wall, buy these stocks

by Joseph Addison
A juggernaut of the market’s growth hit wall, buy these stocks

We danced around it all week. We called out the many culprits for Salesforce’s weak quarterly results on Wednesday — and subsequent stock plunge — including an elongated sales cycle, …

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Morgan Stanley sees 10 to 15 more tech IPOs in 2024, better 2025

by Mirza Adeeb
Morgan Stanley sees 10 to 15 more tech IPOs in 2024, better 2025

Following a long period of waiting, “the IPO market’s back.” That’s according to Colin Stewart, Morgan Stanley’s global head of technology equity capital markets. In an interview with CNBC’s “TechCheck” …

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Digital ad market on mend as Meta, Alphabet, Snap show faster growth

by Mirza Adeeb
Digital ad market on mend as Meta, Alphabet, Snap show faster growth

A view of Google Headquarters in Mountain View, California, United States on March 23, 2024.  Tayfun Coskun | Anadolu | Getty Images Advertising is so back. After a brutal 2022, …

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Ad transparency tools ‘major disappointment’ ahead of election: study

by Mirza Adeeb
Ad transparency tools ‘major disappointment’ ahead of election: study

Heading into the 2024 election in the U.S. and major political contests around the world, internet companies are unprepared for the onslaught of misinformation that’s coming. That’s according to research …

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(RDDT) starts trading on NYSE

by Mirza Adeeb
(RDDT) starts trading on NYSE

Reddit shares jumped as much as 70% in their debut on Thursday in the first initial public offering for a major social media company since Pinterest hit the market in …

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Reddit prices IPO at $34 per share, valuing company at $6.5 billion

by Joseph Addison
Reddit prices IPO at  per share, valuing company at .5 billion

In this photo illustration a Reddit logo is seen displayed on a smartphone.  Mateusz Slodkowski | Sopa Images | Lightrocket | Getty Images Reddit, the 19-year-old website that hosts millions …

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Reddit power users balk at chance to participate in IPO as debut nears

by Mirza Adeeb
Reddit power users balk at chance to participate in IPO as debut nears

Jonathan Raa | Nurphoto | Getty Images Sarah Gilbert spends a lot of time on Reddit. For the past three years, she’s helped moderate the r/AskHistorians subreddit, which has 2 …

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Reddit seeking a valuation of up to $6.5 billion in IPO

by Joseph Addison
Reddit seeking a valuation of up to .5 billion in IPO

In this photo illustration, the Reddit logo is displayed on a cell phone and computer monitor on February 13, 2024 in Los Angeles, California.  Mario Tama | Getty Images Reddit …

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Reddit files to list IPO on NYSE under the ticker RDDT

by Mirza Adeeb
Reddit files to list IPO on NYSE under the ticker RDDT

Social media company Reddit filed its IPO prospectus with the Securities and Exchange Commission on Thursday after a yearslong run-up. The company plans to trade on the New York Stock …

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