By Jane Lanhee Lee (Reuters) - Cockroach Labs, a cloud database management software startup, said on Tuesday it raised $160 million, following other t.
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In our 2020 Enterprise Technology Predictions post, we said that organizations would slow down experimentation this year and begin to operationalize their digital transformation proof-of-concepts. We also said that, based on spending data, cybersecurity companies such as CrowdStrike Holdings Inc. and Okta Inc. were poised to rise above the rest in 2020 along with an accelerated pace of cloud migrations. And we said the S&P 500 would surpass 3700 in 2020.
Little did we know that a pandemic would make these predictions a virtual lock. And of course, COVID-19 blew us out of the water in some others, such as our prediction that information technology spend would increase 4% in 2020, when in reality we have it dropping by 4% to 5%. We made a number of other calls and did pretty well – but we’ll let you review last year’s predictions at your leisure to see how we did.
At least eight businesses are set to price initial public offerings (IPOs) in New York in the next three days, seeking to raise a total of nearly $5 billion in what could be the biggest week for new listings in more than five years.
Dizzying Valuations, IPO Craze Tick Boxes on Bubble Checklist
Jan 04 2021, 7:34 PM
January 03 2021, 2:30 AM
January 04 2021, 7:34 PM
(Bloomberg) The IPO market is manic. Stocks havenât been this expensive since the dot-com era. The Nasdaq 100 has doubled in two years, leaving its valuation bloated all while volatility remains stubbornly high.
(Bloomberg) The IPO market is manic. Stocks havenât been this expensive since the dot-com era. The Nasdaq 100 has doubled in two years, leaving its valuation bloated all while volatility remains stubbornly high.
Itâs a setup thatâs left investors sitting on fat returns from 2020, a year that defied easy explanation. Itâs also one that has a growing cohort of experts warning about a bubble.