![]() ![]() While I’m on the subject of Uber, the company’s autonomous vehicles unit did, in fact, raise $1 billion, a piece of news that had been previously reported but was confirmed this week. Uber… Surprisingly, no Uber IPO news this week.That means the parade of tech IPOs is far from over. Fastly, a startup I’d admittedly never heard of until this week, filed its S-1 and displayed a nice path to profitability.Pinterest completed its IPO this week too! Here’s the TLDR: Pinterest popped 25 percent on its debut Thursday and is currently trading up 28 percent.You thought I was done with IPO talk? No, definitely not: ![]() Want more TechCrunch newsletters? Sign up here. ![]() We will probably have a much better brand because we are a public company now, it’s a new milestone.”įor the most part, it sounded like Yuan just wants to get back to work. I don’t think anything will change after the IPO. Our market is growing and if our customers are happy they are going to pay for our service. The philosophy, first of all, is you have to focus on execution, but how do you do that? For me as a CEO, my number one role is to make sure Zoom customers are happy. Our philosophy remains the same even now that we’ve become a public company. “I think the future is so bright and the stock price will follow our execution. I chatted with him briefly on listing day. He is, this week proved, not your average tech CEO. I’m guessing his modesty and laser focus attracted Wall Street to his stock well, that, and the fact that his business is actually profitable. He told Bloomberg that he actually wished his stock hadn’t soared quite so high. ![]() Yuan became a billionaire this week when his video conferencing business went public. When Zoom hit the public markets Thursday, its IPO pop, a whopping 81 percent, floored everyone, including its own chief executive officer, Eric Yuan. ![]()
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