Snap User Growth Rises But Misses Forecast
The initial lift in users that Snap saw from coronavirus lockdowns "dissipated faster than we anticipated as shelter in place conditions persisted."
Snap Stock Rally Continues on Strong Q2 Results
“At this point, we must acknowledge the turnaround in [the Snapchat maker's] underlying operating trends," one analyst says.
Ford Names Ex-Amazon Exec Tim Stone as CFO
The appointment of Stone to replace Bob Shanks "demonstrates Ford’s continuing transformation to a new age auto company."
CFOs on the Move: Week Ending Feb. 1
Tesla, Snap, Yum Brands, Reading International, Welty Building, GlobalLogic, NextEra Energy, USA Technologies, Horizon Global
CFO Stone Leaving Snap After Only 8 Months
While Snap's financials improved slightly during Tim Stone's short tenure, the company's share price continued to ebb.
Snap Swaps Out CFO Vollero for Amazon Exec
Drew Vollero helped guide Snapchat's parent through its IPO. But struggles with lackluster user growth and earnings marred his tenure.
Dropbox Surges in Much-Awaited Market Debut
The cloud storage company's stock rises more than 40%, giving it a market valuation of more than $12 billion.
IPO Values Dropbox Below 2014 VC Funding
The storage firm's offering could be “a bellwether for the fortunes and fates of other outsized startups" that have been waiting to go public.
Snap Stock Slides After Kylie Jenner Outburst
The reality TV star said she's stopped using Snapchat but it's unclear that she single-handedly wiped more than $1 billion off Snap's market value.
Should You IPO?
Unless your company is big, profitable, and a category leader, the wisest choice may be to wait.
Will 2018 Be the Year IPOs Come Roaring Back?
If economic and market conditions hold, issuance could surpass $50 billion next year, says Renaissance Capital.