Arm news and trends

Report: Ibotta Prepares for $2 Billion IPO
IPO // November 02, 2023

Ibotta, the digital marketing software firm, is reportedly gearing up for an initial public offering (IPO) that could value the company at $2 billion or more. To assist with the IPO, Ibotta has enlisted the help of Goldman Sachs Group and Citigroup as advisers, Bloomberg reported Thursday (Nov. 2), citing unnamed...

Klaviyo Joins Other High-Profile IPOs Dipping Below Listing Price
IPO // October 20, 2023

Klaviyo’s stock has dipped below its listing price, the latest disappointment for the initial public offering (IPO) space. The marketing automation firm now joins a string of high-profile companies whose IPOs were met with much fanfare, only to eventually slump, Bloomberg reported Friday (Oct. 20)....

Plaid Hires Former Expedia CFO Eric Hart Before IPO
Personnel // October 18, 2023

FinTech Plaid has appointed its first chief financial officer (CFO), a step toward a potential initial public offering (IPO). Eric Hart, the former CFO of Expedia, has joined the 10-year-old startup, marking a milestone following its failed sale to Visa two years ago, the Financial Times...

VCs Tell Startups to Pump Brakes on IPO Plans
IPO // October 01, 2023

Venture capitalists (VCs) are reportedly telling startups to put plans to go public on hold. As the Financial Times (FT) reported Sunday (Oct. 1), that sentiment has become popular following the underwhelming initial public offerings (IPOs) of two high-profile companies. “In our portfolio we would...

Interviews & Exclusives
How Will Retailers Deal With The Internet of Things’ Trillions of Data Points?

March 12, 2020
The Internet of Things (IoT) is a phenomenon — so far, a bit of a limited one. Connected devices harbor the potential to bring commerce to endpoints where it never existed before. But right now, most firms that enable commerce are struggling to enable it across the IoT, narrow channels, defined as either online or […]

Quick Reads
Report: Ibotta Prepares for $2 Billion IPO

November 02, 2023
Ibotta, the digital marketing software firm, is reportedly gearing up for an initial public offering (IPO) that could value the company at $2 billion or more. To assist with the IPO, Ibotta has enlisted the help of Goldman Sachs Group and Citigroup as advisers, Bloomberg reported Thursday (Nov. 2), citing unnamed sources. Reached by PYMNTS, an Ibotta spokesperson declined to comment […]

Klaviyo Joins Other High-Profile IPOs Dipping Below Listing Price

October 20, 2023
Klaviyo’s stock has dipped below its listing price, the latest disappointment for the initial public offering (IPO) space. The marketing automation firm now joins a string of high-profile companies whose...

VCs Tell Startups to Pump Brakes on IPO Plans

October 01, 2023
Venture capitalists (VCs) are reportedly telling startups to put plans to go public on hold. As the Financial Times (FT) reported Sunday (Oct. 1), that sentiment has become popular following...

Instacart Sets IPO Price at High End of Expectations

September 18, 2023
Instacart has announced that it will be pricing its initial public offering (IPO) at $30 per share, which is at the high end of expectations. At this price, Instacart would have...