Strong debut: Tableau closes first day of trading up 63%

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Champagne corks were popping this morning at Tableau Software offices as the Seattle-based company celebrated the biggest tech IPO so far this year. And I am sure the bars in Fremont — the quirky Seattle neighborhood that Tableau calls home — are crawling with newly-minted paper millionaires tonight. (Tableau execs are under a lock-up, preventing… Read More…

Q&A with Tableau CEO Christian Chabot: ‘We’ve been working our whole lives to become an overnight success’

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Seven years ago in small office space in the Fremont neighborhood, Tableau Software CEO Christian Chabot boldly told me that his 25-person enterprise software company would be the next billion dollar company from Seattle. ”We believe it, like we believe anything,” Chabot said at the time. Today, that belief finally became a reality as Tableau skyrocketed in… Read More…

Video: Watch the very happy Tableau team ring the opening bell on the NYSE

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It doesn’t get much better than this for a group of entrepreneurs. Tableau Software made its debut on the New York Stock Exchange this morning, with CEO Christian Chabot ringing the opening bell after their IPO priced at $31 per share. Wall Street obviously liked what they saw in the maker of data visualization products…. Read More…

Shares of Tableau Software surge more than 50% as IPO sparkles on Wall Street

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Tableau Software is starting on the New York Stock Exchange today with a bang. After pricing its initial public offering Thursday night at $31, the stock took off in early-morning trading. Shares jumped more than 50 percent, with the stock now trading at more than $47 per share. Tableau, a Seattle-based maker of data visualization… Read More…

Here’s what the VCs and founders will make in Tableau’s blockbuster IPO

Christian Chabot (l) and Pat Hanrahan of Tableau Software

Tableau Software is expected to go public tonight on the New York Stock Exchange, a significant milestone for the 10-year-old maker of data visualization products. Demand appears to be very strong, with Tableau on Wednesday boosting the expected pricing range to $28 to $30 per share. Of course, that could mean a windfall for early… Read More…

Tableau boosts IPO price range to $28 to $30, signaling strong demand for shares

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Tableau is inching closer to becoming a publicly-traded company, with the Seattle maker of data visualization software expected to begin trading on Friday. But investors who want a piece of the 10-year-old company may have to pay a pretty penny. In an updated SEC filing today, the company boosted its proposed offering price to as… Read More…

As Tableau readies for IPO, Marc Andreessen laments that tech companies don’t want to go public

Marc Andreessen (Photo via Wikipedia)

Tableau Software is expected to start trading on the New York Stock Exchange this Friday under the ticker symbol “DATA,” marking the first Seattle tech company to go public since Zillow’s public offering in July 2011. Demand appears to be strong for the 10-year-old company, which could raise up to $248 million in the IPO…. Read More…

Fast-growing Tableau sets IPO range at $23 to $26 per share

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Tableau Software, the fast-growing 10-year-old Seattle company which helps businesses and organization make better sense of their data, has set terms for its upcoming initial public offering, telling investors that it plans to sell 7.2 million shares at between $23 and $26 per share. At the $24.50 mid-point of that range, Tableau could raise $111.4… Read More…

Tableau Software updates IPO filing, shows growing sales and Q1 net loss of $3.7M

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Tableau Software’s revenue grew at a rapid clip during the first quarter, but the Seattle maker of data visualization products also swung to a net loss, according to an updated IPO filing released Friday afternoon. Tableau — which filed to raise up to a $150 million in an IPO earlier this month — posted a… Read More…

Startup valuations rise even as VCs don’t get as many exits

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Valuations at startup companies continue to increase, even though venture capitalists aren’t cashing out on deals as frequently as they’d like. According to a new report out this week from PitchBook, valuations in angel/seed, early stage and late stage all increased versus 2011 levels. Meanwhile, deal flow declined and the number of venture-backed companies completing IPOs… Read More…