Remote meeting software firm LoopUp to pursue post-Brexit London tech IPO

LoopUp Group, a Shoreditch, London-based remote meeting SaaS company, today announced its intention to list its shares on AIM - a ‘junior’ market operated by London Stock Exchange - which would make it one of the first ‘local’ IPOs since the UK voted to leave the European Union. Founded in 2003, LoopUp boasts around 1,850 […]

No, SecureWorks’ IPO isn’t “the first tech IPO of the year”

Woke up early this morning and one of the first things I read was this Business Insider article about the SecureWorks IPO. Can you spot the error? I’ll help out. Let’s start with the headline (”The first tech IPO of the year already looks like a bummer”) and the body of the text (”There hasn’t […]

Spotify is looking for $500 million in funding as it inches closer to an IPO: report

Swedish music streaming juggernaut Spotify is seeking to raise $500 million from investors to bankroll future growth through convertible notes, Swedish publication Svenska Dagbladet reported on Wednesday afternoon (via Music Ally and Reuters). The report, which is based on confidential bank documents unearthed by the paper’s reporters, suggests that Spotify will pay a 4% interest […]