initial public offerings

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  • Dropbox Chief to Join Elite Ranks of Idea-to-I.P.O. Founders

    close story-meta Photo Drew Houston, Dropbox’s chief executive, will soon join a small club of tech founders who took their start-up all the way through to the public markets. Credit Earl Wilson/The New York Times SAN FRANCISCO — When Drew Houston played computer games like Starcraft in high school, he made some changes so the games ran more smoothly on his friends’ computers. “He created this one little application, and it would basically display everybody’s shared files, and then if…

  • Cardlytics Debut On Nasdaq Is Early Test of Tech IPO Fortunes in 2018

    Shares of software firm Cardlytics(ticker: CDLX) are down 1.5% in its IPO debut on Nasdaq. The Atlanta-based company, which priced its public stock offering last night at $13 per share to raise $70.2 million, opened this morning during another wild day on Wall Street. “All hell broke loose on the markets, but we’re holding our own,” Cardlytics Chief Executive Officer Scott Grimes told Barron’s. “Given the (unpredictable) conditions, we feel good.”Cardlytics stock is trading at $12.80. The DJIA is down 1.3%…

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