Getting the Drop on Big Tech IPOs

Can a fattened unicorn still run? A lot is riding on that answer.

An important test will come this week and it will show how hard it will be for IPO prices to​ top valuations for private tech companies valued at or above $1 billion—also known as unicorns. That was apparent on Monday when ​Dropbox, valued privately at $10 billion, set its pricing terms at a valuation of between $7 billion and $8 billion. Next up are​ Spotify and a provider of cloud-based security software called Zscaler, ​both of which filed initial papers... Nguồn: