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Generative AI gold rush drives IT spending — with payoff in question

CIO

There’s no way most companies are going to get anywhere near this. Everybody is still pretty much at the starting line from an enterprise perspective.” AI promises cost savings, productivity improvements, and better customer experiences, but CIOs need to figure out how to calculate the ROI , McDonald said.

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Indications of a hot market abound as Freshworks, Toast price IPOs

TechCrunch

New pricing information from U.S. Read it every morning on Extra Crunch or get The Exchange newsletter every Saturday. Toast raised its IPO range and priced above that raised interval. Toast raised its IPO range and priced above that raised interval. Freshworks, Toast price well. Sound good? billion in its debut.

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Robinhood targets IPO valuation up to $35B amid warning that crypto incomes are slipping

TechCrunch

Robinhood released an S-1/A filing detailing its first IPO price range this morning. consumer fintech giant intends to sell shares in its public market debut at a price between $38 and $42 per share. billion in its IPO at the top end of its initial price range. Let’s get into it. The well-known U.S. billion to $2.2

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Q3 IPO cycle starts strong with Couchbase pricing and Kaltura relisting

TechCrunch

Today we have new filings from Couchbase and Kaltura: Couchbase set an initial price range for its IPO, something we’ve been waiting for, and Kaltura’s offering is back from hiatus with a new price range and some fresh financial information to boot. Here’s our first look at the company’s value.

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At $35 to $39 per share, Poshmark’s IPO could 5x its last private valuation

TechCrunch

The new year is off to a busy IPO start. With Affirm releasing an initial IPO price range last night and Poshmark repeating the feat this morning, private-market investor expectations are holding up thus far. Secondhand fashion marketplace Poshmark anticipates its IPO could price between $35 and $39 per share. Let’s go!

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Unlocking value: Oracle enterprise license models for optimal ROI

CIO

With tight IT budgets getting tighter, many Oracle licensees with Unlimited Licensing Agreements (ULAs) are tempted to consider an exit plan to avoid the pinch of rising support costs. How to approach your exit Getting out of the ULA is no simple feat.

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Can Squarespace dodge the direct-listing value trap?

TechCrunch

It’s Squarespace direct-listing day, and the SMB web hosting and design shop’s reference price has been set at $50 per share. billion at that price, calculated using a fully diluted share count. Read it every morning on Extra Crunch or get The Exchange newsletter every Saturday. Squarespace’s Q2.

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