Snap said to prep for massive public offering
Snap Inc., formerly known as Snapchat, is working on an initial public offering that could value the company at $25 billion or more, according to a Wall Street Journal report citing unnamed sources. Venice, Calif.-based Snap is reportedly preparing paperwork for an IPO with a view toward selling the shares as early as late March.
Coupa Software soars in IPO
Stakeholders in software unicorns can feel relieved now that another member of the club has carried out a successful public offering. Shares of Silicon Valley-based Coupa Software, a provider of tools to track business spending, closed up 85 percent in first-day trading Thursday after pricing at the high end of the expected range.
Capital One acquires price tracking startup Paribus
Credit card giant Capital One is acquiring Brooklyn-based Paribus, developer of a tool for tracking price drops in purchased items, for an undisclosed sum. Paribus previously raised about $2 million to build its app, which launched 16 months ago.
New speakers announced for Disrupt London
Amy Chang, CEO & Co-Founder of Accompany, and Dr. Jackie Hunter, CEO of BenevolentAI, will speak at TechCrunch Disrupt London 2016. Get your early bird tickets today!
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