Blog Article | Rohit Kulkarni
Posted: February 21, 2018

Ridesharing Grows Strongly In 2017; The Battle Between Uber and Lyft Rages On

Highlights from Our 2nd Annual Ridesharing Consumer Survey

Consumers have clearly developed a healthy appetite for ridesharing services - and the demand for on-demand ride service doesn’t appear to be waning anytime soon. In fact, more consumers are using ridesharing services than ever before. Moreover, they are using them more frequently and spending more money on them, according to SharesPost’s Second Annual Ridesharing Consumer survey.

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Blog Article | Rohit Kulkarni
Posted: January 31, 2018

Spotify Financials Revealed: The Numbers Driving $21 Billion IPO

The highly anticipated initial public offering of Spotify, the music-streaming service, is likely to be held in late Q1/early Q2 timeframe. We have published at length about Spotify’s growing clout on global music industry as well as the pros and cons of a direct listing approach. We believe that Spotify IPO could be the largest IPO in the past 5 years. Yes, at an estimated $21.5 billion, Spotify’s market cap would be bigger than Snap’s post-IPO valuation of roughly $20 billion.

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Blog Article | Rohit Kulkarni
Posted: January 22, 2018

Investor Sentiment Predicts More IPOs & Higher Private Tech Valuations in 2018

Investors Are Bullish About Private Tech Growth Asset Class, According To SharesPost’s 2018 Investor Survey

Investors in private tech companies expect another strong year of rising valuations and continued growth, according to SharesPost’s Second Annual Investor Sentiment survey.

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Blog Article | Greg Brogger
Posted: January 8, 2018

ICOs: The Private Capital Market Evolves Again

Why The Future Of Venture Financing Is Now In Security Tokens

The market forces that drove the evolution of the private secondary markets - democratization, globalization, transparency and liquidity - are now driving the adoption of Initial Coin Offerings by private tech companies.

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Blog Article | Rohit Kulkarni
Posted: January 5, 2018

Are We In A Crypto Bubble?

Highlights from Webinar with Bart Stephens, Blockchain Capital

Recently, we were fortunate to host Bart Stephens, Co-Founder and Managing Director of Blockchain Capital, for an illuminating conversation. Bart is a pioneer in the cryptocurrency space and his firm’s growing portfolio of companies was among the reasons this was one of the most well-attended webinars we’ve ever had. More than 750 listened in – and few were disappointed. For those who missed the webinar, we have recapped some of the highlights. The webinar replay and transcript are available online to SharesPost members here.

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Blog Article | Rohit Kulkarni
Posted: January 3, 2018

Private Tech Growth Companies Outperform S&P 500 in Q3:17

SharesPost Private Growth Index Rises 4.9 Percent from Q2

The good times keep rolling for private growth tech companies.

In the third quarter of 2017, the SharesPost Private Growth Index increased from 107.34 (as of June 30) to 112.63 (as of Sept. 30). The increase represents a 4.9 percent rise in valuations for the 87 private growth companies in the Index, compared to a 4.0 percent increase in the S&P 500 and a 7.4 percent increase in the Dow Jones U.S. Technology Index.

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Blog Article | Rohit Kulkarni
Posted: January 3, 2018

Lyft vs Uber: David and Goliath Battle Plays Out in 2018

Everyone loves a David versus Goliath story. The ancient tale has become a symbol of how smaller competitors can defeat larger ones using intelligence and determination. History is full of upstarts who slugged it out with industry giants and won. Facebook Vs. MySpace, Google Vs. Yahoo, Apple Vs. IBM, and so on.

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Blog Article | Rohit Kulkarni
Posted: November 15, 2017

Stitch Fix: Where Does a Profitable E-Commerce Unicorn Go From Here?

Stitch Fix, the e-commerce apparel company that is the favorite of Millennials, is currently on its IPO roadshow, and the question investors are asking: “Will the fourth consumer internet IPO this year be a hit or another flop?”

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Blog Article | Rohit Kulkarni
Posted: November 13, 2017

SendGrid IPO: A Mile-High Opportunity?

Denver-based email software company SendGrid recently revealed details about its upcoming IPO in an amended S-1 filing. In the offering, SendGrid plans to list 7.7 million shares on the NYSE at a price as low as $13.50 and as high as $15.50 per share. In total, the company hopes to raise over $100 million in working capital. An IPO at $14.50, the mid-point of the anticipated price range, would peg the company’s implied valuation at over $700 million – more than 20% higher than the company’s most recent private valuation of $582 million in November 2016. This is good news for existing investors, including Founders Fund, Bain Capital, and Bessemer Venture Partners. But, this also raises two basic questions: Is SendGrid an attractive investment for new investors as well? And, what does this IPO tell us about the state of the IPO market in general?

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Rohit Kulkarni
Article Author

Rohit Kulkarni

Rohit is the Managing Director, Private Investment Research for SharesPost Research LLC. Prior to joining SharesPost, Rohit was a Vice President, Senior Analyst at RBC Capital Markets.
Greg Brogger
Article Author

Greg Brogger

Greg Brogger is the CEO and Founder of SharesPost, Inc. He founded SharesPost in early 2009 to bring transparency, efficiency and scale to private securities transactions.
Sven Weber
Article Author

Sven Weber

Sven Weber is a managing director of SharesPost’s SEC-registered investment advisor, SP Investments Management, LLC and responsible for the management of SharesPost investment vehicles. Sven is also the president and a trustee of the SharesPost 100 Fund.
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