The New Value Of ARR: Growth Isn’t The Only Metric Investors Measure
TL;DR: What can the stock market tell us about SaaS? Let’s do a quick dive.
Morning Report: Can Uber Freight Drive Margin?
Morning Report: Uber Freight is here. But can it drive margin and not just revenue, unlike some other Uber experiments?
Morning Report: Underscoring The Irony Of Lyft And Waymo’s New Deal
Morning Report: Let’s recall the history of Google and Uber, as it makes the recent news that Lyft and Waymo are now partners pretty damn funny.
Reminding Ourselves Why Spotify Needs To IPO Quickly
Reports out this morning repeat prior reporting that Spotify may go public this year or the next through a “direct listing.”
Morning Report: The Net Neutrality Debate Is Already A Mess (Again)
Morning Report: The bad news is that you have to care about net neutrality agaain. The even worse news is that it’s going to be yet another mess.
Investors Whack Snap For Revenue Miss And Lower-Than-Expected DAU Growth, Shares Down 18% After-Hours [Update: 25%]
Snap reported its first quarter financial performance today, and investors instantly bid its shares down sharply.
Morning Report: Yelp Follows Etsy And Twilio Into Earnings Purgatory
Morning Report: Shares of Yelp are off over 15 percent this morning. And that’s an improvement.
Morning Report: You May Think The 2017 IPO Climate Is Great, But It’s Just Not Awful For The First Time In 3 Years
Morning Report: Our view of the IPO market has been warped. This year might feel great, but it’s merely pretty alright.
Egnyte Reaches GAAP Profitability Ahead Of Potential Fundraise, IPO Ramp
TL;DR: Egnyte, a player in the enterprise file sharing ecosystem and recent entrant into content governance, managed to do something few late-stage startups manage to do: turning profit ahead of an exit.
Morning Report: Analytics Infra Shop Heap Picks Up $27M In Series B Round
Morning Report: Heap announced a $27 million Series B today. It comes after the company tripled its revenue in 2016.
2017 Tech IPOs Are On A Tear Compared To Last Year
Nine tech companies have gone public on US exchanges so far this year. This time last year, the count was one. Needless to say, public exits are looking up.