EDITORIAL

Here’s Why LinkedIn Shares Tanked 25%

tl;dr Investors pre-paid too much for expected future growth.

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Taking a break from our usual focus on markets and not individual participants, let’s dig into what in the heck is going on at LinkedIn. The company’s shares are down roughly 25 percent today in late trading after reporting strong fourth quarter earnings.

If that makes little or no sense, don’t worry. We’ll get there. First up, let’s see how the company did compared to investor expectations in the fourth quarter.… Read more.

© Mattermark 2016. Sources: Mattermark Research, Crunchbase, AngelList.

EDITORIAL

Bitcoin Investment Is Back From The Dead (As Expected)

tl;dr As expected, investment into bitcoin-related startups is not dead. *insert panic among the haters.

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Investment into bitcoin startups appears healthy this year, reversing a noted slowdown that occurred towards the end of 2015. Several recent rounds indicate that investor sentiment about bitcoin, and related technology, is healthy.

As you can imagine, that’s good news for bitcoin fans and believers, and a likely shot in the arm for the cryptocurrency. Bitcoin has made news in recent weeks concerning its internal … Read more.

© Mattermark 2016. Sources: Mattermark Research, Crunchbase, AngelList.

EDITORIAL

Reports Of Unicorn Extinction Are Greatly Exaggerated

Editor’s note: The following post was written by Anshu Sharma of Storm Ventures. He is not bearish on the current startup ecosystem, even as the stock market suffers notable declines. You’ve read endless bearish reports. Here’s the bull case.

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The unicorn, the billion dollar startup, is finally dead. The same columnists and magazines that turned every startup funding or launch story into a unicorn event are now busy proclaiming its decimation.

I have seen this movie before and … Read more.

© Mattermark 2016. Sources: Mattermark Research, Crunchbase, AngelList.

EDITORIAL

Inside Microsoft’s Quest For $20B In Commercial Cloud Revenue

Microsoft has big revenue goals for its cloud business — how is it faring?

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It’s earnings season all over again, giving us nerds market enthusiasts a fresh look into how public technology companies are faring. Facebook did well, Apple didn’t. Google managed to beat Apple’s market cap after a strong report, and Microsoft dropped its own set of numbers.

You can find a broad assesment of Redmond’s performance during the most recent quarter here. While that’s … Read more.

© Mattermark 2016. Sources: Mattermark Research, Crunchbase, AngelList.

EDITORIAL

A Second Look At The 2015 Tech IPO Market

Last week, we took a look at the performance of 2015 technology IPOs compared to their then-current share price. The results weren’t pretty: Tech offerings averaged around a 30 percent drop from their first-day closing price. The impact the 2015 results could have on potential IPOs this year is not hard to grasp.

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Following that post’s publication, some good feedback rolled in. A few people quibbled with our charting methodology, while others asked why the IPO market isn’t performing well. Read more.

© Mattermark 2016. Sources: Mattermark Research, Crunchbase, AngelList.