Billion Dollar Unicorns: Toutiao Snags a Big Round, But Growth and Revenues Remain Tricky

Earlier this quarter, Chinese news aggregating site Toutiao raised a whopping $1 billion for its expansion. The round valued the company at nearly twenty times the valuation that it had secured two years ago – making its position secure in the Billion Dollar Unicorn club.

Oracle Soaring on Cloud

Oracle (NYSE: ORCL) has finally achieved a major milestone in its transition to the cloud. Its cloud business revenue has finally overtaken its new software license revenue, which justifies its move to the cloud.

Adobe Builds on Creative Cloud to Scale Life-High Levels

Adobe (Nasdaq: ADBE) is one company that has successfully reinvented itself as a cloud-based service provider from a license-based software company. Each quarter, it keeps surprising the market with its stellar performance. Earlier this week, it reported its second quarter results, that helped send its stock to a lifetime high.

2017 IPO Prospects: Apttus Claims it is Halfway Ready to List

According to Gartner, the Configure Price Quote (CPQ) application suites market was worth $570 million in 2015, out of which cloud-based CPQ accounted for $157 million. The overall CPQ market is expected to grow 20% annually through the period 2020, driven by the growth in cloud-based solutions. San Mateo-based Apttus is a leading cloud-based service provider that is

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Mu Sigma, India’s First Profitable Unicorn: IPO Soon?

According to Nasscom, India’s analytics industry is estimated to be around $2 billion and is expected to grow ten-fold to $20 billion by 2025. Billion Dollar Unicorn Mu Sigma is the first among the Indian Unicorns to deliver consistent profits over the years.

Egnyte Achieves Profitability, But Growth is Elusive

According to a MarketsandMarkets report, the enterprise collaboration market is estimated to grow from $3.65 billion in 2015 to $8.26 billion by 2020 at 17.7% annually. Enterprise collaboration tools market includes players such as Egnyte that has become so much more than the document sharing company it started as.

Billion Dollar Unicorns: Bill.com Has Scaled Quietly

I have known serial entrepreneur René Lacerte for years. He started Cashview, which renamed itself to Bill.com, and has grown in leaps and bounds.

Snap Fails to Generate Interest and Value

Earlier this year, social messaging service Snap (NYSE: SNAP) decided to test the public markets. Many were concerned about whether the company will manage to sustain its valuation under the constant glare of the stock market. Almost a quarter later, the verdict is not favorable. Since listing, the stock hasn’t appreciated much and decelerating growth

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