*By Jacqueline Corba* BODY: Shares of DocuSign surged 37 percent in the their market debut Friday. The electronic signature company raised $629 million in its initial public offering and ended the day with a market value of nearly $6 billion. "The reception we've received on Wall Street has been great," said the DocuSign CEO Dan Springer. "The company has the scale, we have over 500 million dollars of revenue. The company continues to have great growth." In fiscal 2018, DocuSign became cash-flow positive and generated $518 million in revenue. Springer said the company is looking toward international expansion. Only 17 percent of the firm's revenue is from outside of the U.S. For the full interview, [click here](https://cheddar.com/videos/docusign-ceo-dan-springer-on-first-day-of-trading).

Share:
More In Business
Looking Back at the History of the Minivan
Last year, the minivan only made up 1.8% of auto sales but more and more people are interested in purchasing the comfortable, multi-seater. Cheddar News looks back at the evolution and history of the minivan.
How to Go Viral on TikTok
With more than 150 million Americans on the platform each month, TikTok can help businesses, brands, and bands get attention and stand out.
Survey: Americans Are More Worried About Credit Access
Americans said credit was harder to access last month, according to a survey from the New York branch of the Federal Reserve. The March Survey of Consumer Expectations found that “respondents were more pessimistic about future credit availability as well, with the share of households expecting it will be harder to obtain credit a year from now also rising.”
Load More