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…

Perseverance and patience: How Tableau made the IPO leap after 10 years

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Good things come to those who wait, especially if those who wait have a big audacious mission that they are trying to tackle. Just ask Tableau Software co-founders Christian Chabot, Pat Hanrahan and Christopher Stolte who today filed to take their company public — a key milestone that comes 10 years after it was founded…. Read More…

Fast-growing Tableau Software files for $150M IPO

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Tableau Software, the Seattle maker of data visualization products, has filed to raise up to $150 million in an initial public offering. Founded ten years ago as a research project at Stanford University and led by CEO Christian Chabot, the company reported revenue of $127 million last year. That was more than double the total… Read More…

IPO drought continues with 8 venture-backed deals in Q1

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It’s a tough time to take your company public. Just eight venture-backed companies completed IPOs during the first quarter of the year, on par with the previous quarter and down from the double digit numbers of the previous four quarters, according to a report out today by the National Venture Capital Association. Meanwhile, exit value… Read More…

Venture-backed IPOs and mergers decline in 2012 after Facebook’s sluggish debut

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Forty nine venture-backed companies completed initial public offerings during 2012, a slight decline over 2011 when 51 companies made the plunge. Nonetheless, the amount of money raised through the offerings — in part driven by Facebook’s big offering from May — mushroomed in 2012 to $21.4 billion. That was double 2011′s haul and the biggest… Read More…

INRIX hires new CFO as it heads down the IPO path, picks startup vet to lead mobile efforts

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INRIX is driving toward an initial public offering, and today the Kirkland-based provider of traffic information analysis hired a new chief financial officer to help guide the way. The spin-out from Microsoft Research has hired Saul Gates, the former senior vice president of finance and chief accounting officer at Coinstar, to lead the company’s financial… Read More…

Marc Andreessen says Wall Street really hates tech stocks: What do you think?

Marc Andreessen (Photo via Wikipedia)

Venture capitalist Marc Andreessen is making headlines today for comments he made at a tech conference hosted by The New York Times in which he said that some technology stocks are undervalued. The Netscape founder noted that the values of some tech companies, like Google, are grossly undervalued and that there’s a negative perception on… Read More…

F5′s McAdam joins board of Tableau: IPO chatter continues

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F5 Networks CEO John McAdam has joined the board of Tableau Software, the fast-growing Seattle data visualization company. The appointment — the third to Tableau’s board this year — may signal that the 9-year-old company is prepping for a 2013 initial public offering. (Tableau was one of five that I suggested could make the IPO… Read More…

Inside the IPO pipeline: It’s all B2B, all of the time

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It’s shaping up to be an average year for initial public offerings, with about 125 companies listing shares to date. But who are the up-and-comers in the technology industry that could break out in 2013 and beyond, and how many of them are there? That’s what a new study from CB Insights attempts to pinpoint,… Read More…

Inside look at Realogy IPO shows strong alliances with Zillow and Trulia

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The initial public offerings of online real estate upstarts Trulia and Zillow may have grabbed headlines in the past two years. But another big player in real estate just went public last Thursday, performing well in its debut. New Jersey-based Realogy Holdings, the owner of Coldwell Banker and Century 21, now boasts a market value of… Read More…