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.
OpenAI has released a fourth version of ChatGPT, called GPT-4, that understands images. This means it can look at a photo and provide general information about what's in it.
At its annual health event on Tuesday, Google announced a series of changes to its search tool that it said will make it easier to access information about affordable health care services.
Roku was among those businesses impacted by the fall of Silicon Valley Bank, having around 26 percent of its cash and cash equivalents deposited at the bank.
