Facebook says “oops” and Dropbox with a wave of enterprise IPOs

Equity

English - March 23, 2018 13:00 - 37 minutes - 34.1 MB - ★★★★ - 321 ratings
Business Technology startups finance venture capital founders stock market business news silicon valley techcrunch news ipo Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: Theranos's reckoning, BroadQual's stunning conclusion and Lyft's platform ambitions

Next Episode: Equity Shot | Dropbox goes public and who's looking in the IPO window

Welcome to "Equity," TechCrunch's venture capital and tech business podcast. Hosted by Katie Roof, Matthew Lynley, and Alex Wilhelm For this week, we talked about the wave of enterprise IPOs. And we were joined by Dharmesh Thakker, a general partner at Battery Ventures. He was the perfect guest because he specializes in enterprise and Battery is pretty good at it. We also talked about Facebook's privacy debacle.

First up, we talked about Dropbox pricing its long-awaited IPO. It priced at $21 per share, which was better than what the company was initially hoping for. It's still below that $10 billion last private round which VCs say we shouldn't care about. But if it "pops," it could push back that milestone on day one.

Then we talked about other upcoming IPOs, like e-signature business DocuSign. I broke the news that it filed confidentially.

We also talked about cloud security business ZScaler which doubled following its debut. I broke the news of that one, too. (If you know of any other upcoming IPOs, please contact me).

There's also Zuora, the subscription software business, which unveiled its IPO filing this week.

And MuleSoft, one of last year's IPOs that now got purchased for a lot of money by SalesForce.

But we also saved time to talk about Facebook's big privacy mess. And Travis Kalanick's new job (again).

Alex Wilhelm was off, which is unacceptable. Fine, I guess being sick is an ok excuse. Get well soon!