Unicorns – BSIC | Bocconi Students Investment Club

Unicorns are out of shape: Peloton Interactive IPO raises some concerns

Peloton Interactive Inc. [NASDAQ: PTON] – Market Cap as of 12/10/2019 $6.26bn Introduction On September 26th, 2019, Peloton, an American exercise equipment and media company, went public on the Nasdaq raising $1.16bn via its IPO. The company raised this capital through floating 40 million new shares at $29, effectively Read more…

By BSIC, 6 years13 October 2019 ago

“Xs” and “Os”: SAP acquires Qualtrics for $8bn

SAP SE (FWB: SAP) – market cap as of 23/11/2018: €109.7bn ($124.5bn) Introduction On November 10th, 2018, enterprise software giant SAP announced that it would acquire Qualtrics, one of cloud computing’s rising ‘unicorns’, for $8bn in cash. The announcement was made shortly before the much anticipated Qualtrics IPO, which had Read more…

By BSIC, 7 years24 November 2018 ago