Cisco Systems recently switched leaders for its collaboration software unit for the third time in less than three years, with Javed Khan, senior vice president and general manager of its Webex business, taking over for Sri Srinivasan, who had led that business since October 2018, according to a person with knowledge of the matter. A Cisco spokesperson confirmed the change, noting that Khan has...
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Stripe Walks Tightrope to Stay Private. Could Other Firms Follow?
Thirteen years after starting Stripe, chief executive Patrick Collison is raising his company’s largest ever slug of cash from venture capitalists. And he plans to alter employees’ stock plans so the company can delay a public offering. Is this a sign that more tech firms will once again try to delay going public? Not necessarily. But Stripe is positioning itself to stay private for...
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