Valuation

Snap Opens IPO with Larger Market Cap Than These 17 Companies

Snap Inc. officially started trading today with an opening price of $24 per share, which was higher than the initially reported $17 per share. Based on the opening price, the market capitalization (value of total outstanding shares) of Snap Inc. increased to $33 billion. Early investors in the company are better that Snap will be...

Slack Raises $200M in Funds, Raising Valuation to $3.8B

According to a new report from Business Insider, Slack as raised $200 million USD in its most recent round of funding, raising its total valuation to $3.8 billion USD. The round was led by Thrive Capital, with participation from Comcast Ventures, Accel Partners, GGV, Index Ventures, Social Capital, Spark Growth, and other investors. The news...

Dropbox Seeking A Valuation North Of $8 Billion

Dropbox, the popular cross-platform cloud storage service that has raised an incredible $257 million in funding during its five-year journey and is reportedly looking to raise another $250 million in the next few weeks, is seeking a valuation north of $8 billion, which is more than double its last funding round that closed in Oct. 2011, Bloomberg Businessweek...