Tech staging a fall IPO comeback
The pace of new technology stock offerings looks poised to accelerate, IPO investor Renaissance Capital reports. At least four technology companies have filed for sizable IPOs in the past two weeks, compared to five from the rest of the year. Recent filers include crisis communication technology provider Everbridge, ad buying platform The Trade Desk, enterprise software developer Apptio, and China-based business analytics provider Gridsum.
Nutanix announces two acquisitions
Venture-backed unicorn Nutanix, provider of a platform for enterprise cloud computing, announced that it has acquired two startups, PernixData and Calm.io. PernixData, a provider of storage for virtualized computing environments, previously raised $62 million in venture funding. Calm.io, a provider of DevOps automation technology, is backed by Sequoia Capital.
Proposed US rules aim to open doors for some foreign entrepreneurs
The U.S. Department of Homeland Security has published a proposed International Entrepreneur Rule, which describes new ways for certain promising startup founders to scale their companies within the United States, contingent on factors such as significant financing from domestic investors.
Study finds co-founders are overrated
Entrepreneurs are often cautioned against launching a startup as a solo founder. But that advice may be misguided. In reality, more than half of startups with an exit appear to have done so with just a single founder, according to an analysis published in TechCrunch that looked at more than 6,000 exited companies in the CrunchBase dataset. The average for an exited company, meanwhile, is 1.72 founders.
Full Agenda announced for Disrupt SF
The full agenda at TechCrunch Disrupt SF has been announced with speakers like Reid Hoffman of Greylock Partners and former Secretary of Defense, Ash Carter. Get your tickets today!
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