2018 was initially anticipated to be a "monster" IPO year. However, some of the companies investors were most excited to have go public like Uber, AirBnB, and Pintrest, have already announced they will not go public in 2018. But not all hope is lost. Spotify and Dropbox have filed to go public. How will 2018 measure up to 2017 for IPOs?
Barrett Daniels is the CEO of Nextstep Advisory Services and he joins Cheddar to explain why he thinks 2018 could still be a great year for tech IPOs. Daniels says investors will be looking towards Dropbox to set the tone for IPOs in 2018.
Daniels explains that investors have become more intelligent when it comes to big-name IPOs. Tech companies can no longer expect to go public with a flashy name and brand recognition. That is why Daniels is more confident in Dropbox. Daniels believes in Dropbox's strong margins and profitability.
If you wanted to previously find an image that perfectly matched what you saw in your head online, you had to type in a wordy search inquiry and would get countless results back. Now, that mental snapshot can be crafted in seconds by artificial intelligence and sometimes it’s even better than you could imagine.
Google on Wednesday disclosed plans to infuse its dominant search engine with more advanced artificial-intelligence technology, a drive that's in response to one of the biggest threats to its long-established position as the internet's main gateway.
