Crunch Report | Pokemon Go “Big Summer Update”

Pokemon Go has a big summer update, Vice Media raises $450 million, the FTC wants to block the FanDuel-DraftKings merger and Blue Apron is looking to raise $586 million in its IPO. All this on Crunch Report. Read More

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Blue Apron will raise $587M in its IPO, valuing itself close to $3B

 Blue Apron, the meal ingredient delivery service that filed to go public earlier this month, has just priced its IPO. The company will price its shares between $15-$17, hoping to raise a maximum of $586,500,000. Using a $16 midpoint, this pricing gives the company a proposed valuation of just under $3 billion. The company will be listed on the NYSE under the symbol “APRN”, and… Read More

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Gunshot detection technology ShotSpotter soars 26% in public debut

 Investors greeted ShotSpotter with a warm reception on Wednesday, on its first day as a public company. After pricing the IPO at $11, the stock closed at $13.86, or up about 26%. ShotSpotter notifies police departments about gun violence by using sensors that ignore ambient noise. Their sophisticated technology alerts authorities within 45 seconds of the trigger being pulled. It’s… Read More

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Storage provider Tintri’s IPO filing shows mounting losses

 Blue Apron wasn’t the only venture-backed business to announce its IPO this week. Tintri, an enterprise cloud platform company, unveiled its filing.  The stock market is doing well and there’s been a strong appetite for tech offerings, so it’s a good time to go public.  But Tintri’s mounting losses could prove to be problematic. Tintri brought in $125.1 million… Read More

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App maker Appian soars 25% on first day as a public company

 It was off to the races for Appian which debuted on the Nasdaq on Thursday, soaring 25% on its first day on the stock market.
After pricing shares at $12, the company closed the day above $15, valuing the company at about $900 million.
The company helps its enterprise and government customers with app development. “Appian is the easiest way for companies to build their own… Read More

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Appian prices application software IPO at $12

 Virginia-based Appian is finally braving the public markets, after a long journey as a private company formed in the dot-com boom of 1999. Appian announced Wednesday that they priced their IPO at $12 per share, raising $75 million for the company. This is in-line with the previously proposed price range of $11 to $13. Appian provides app development software for its business and… Read More

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