What’s ahead in IPO land for JFrog, Snowflake, Sumo Logic and Unity

Welcome to Tuesday of . In a few hours, I’m hosting a panel about how startups can reach $100 million in annual recurring revenue (ARR) with the CEOs of , and the president of . It’s going to be a jam. Bring your questions!


Right now, however, let’s talk about some bigger companies, namely all the unicorns that are going public this week. We can set aside ,  and , as they debut next week. This morning let’s get settled on what’s ahead for , ,  and .



The Exchange explores startups, markets and money. Read it , or get every Saturday.



We explored the most , helping set the stage. With both companies setting new, richer price targets for their debuts, the technology market looks hot. That’s good news for Sumo Logic and Unity, which should also begin trading this week.


Read on for your cheat sheet on all things upcoming from the realm of IPOs, and, in response to a Twitter kerfuffle, notes on why Snowflake is seeing such investor demand despite a history of losses. It’s a good day to remind ourselves why some losses are very bad and others are pretty OK, given a certain set of circumstances.


Big-ass IPO week


After trading today we expect to see and price their IPOs. As a quick reminder, this is what the two companies are expecting, starting with developer-focused service provider JFrog:


  • Price target: $39 to $41 per share.

  • Implied valuation range: $3.46 billion to $3.64 billion, discounting underwriters’ shares.

  • Final private valuation: $1 billion.