***My apologies if there has been another one but it didn't show up in the search function***
For the week of 9/14 two IPO's are creating a buzz.
Snowflake (SNOW) - Amazon.com Inc. (NASDAQ: AMZN) and Microsoft Corp. (NASDAQ: MSFT) are both listed in the Snowflake Inc. (NYSE: SNOW) filing as competitors and platform providers. Snowflake helps mobilize the world's data. Snowflake is seeking to sell 28 million shares at a range of $75 to $85. Snowflake saw second quarter revenue up 121% to $133 million. The company has over 3,100 customers, with 56 reaching the $1 million revenue mark. Snowflake would raise $2.7 billion at the high end and be valued at more than $20 billion. Berkshire Hathaway (NYSE: BRKA) and Salesforce Ventures LLC (NYSE: CRM) both pledged to invest $250 million each into the data company.
JFrog: ( FROG) plans on selling 11.6 million shares in arrange of $33 to $37. The company calls itself a liquid software company and provides end-to-end continuous software release management. JFrog's customer base of 5,800 customers includes 75% of the Fortune 100. JFrog reported revenue of $104.7 million in 2019, a 65% year over year increase.
JFrog offers "end-to-end" for program and software/program developers
https://finance.yahoo.com/news/ipo-outlook-week-snowflake-amwell-142952339.html
For the week of 9/14 two IPO's are creating a buzz.
Snowflake (SNOW) - Amazon.com Inc. (NASDAQ: AMZN) and Microsoft Corp. (NASDAQ: MSFT) are both listed in the Snowflake Inc. (NYSE: SNOW) filing as competitors and platform providers. Snowflake helps mobilize the world's data. Snowflake is seeking to sell 28 million shares at a range of $75 to $85. Snowflake saw second quarter revenue up 121% to $133 million. The company has over 3,100 customers, with 56 reaching the $1 million revenue mark. Snowflake would raise $2.7 billion at the high end and be valued at more than $20 billion. Berkshire Hathaway (NYSE: BRKA) and Salesforce Ventures LLC (NYSE: CRM) both pledged to invest $250 million each into the data company.
JFrog: ( FROG) plans on selling 11.6 million shares in arrange of $33 to $37. The company calls itself a liquid software company and provides end-to-end continuous software release management. JFrog's customer base of 5,800 customers includes 75% of the Fortune 100. JFrog reported revenue of $104.7 million in 2019, a 65% year over year increase.
JFrog offers "end-to-end" for program and software/program developers
https://finance.yahoo.com/news/ipo-outlook-week-snowflake-amwell-142952339.html