JFrog and Sumo Logic both set tentative price ranges for their upcoming initial public offerings. JFrog, which sells software that helps developer teams create applications, set a range of between $33 and $37. At the midpoint of that range, JFrog would be valued at $3.1 billion. That’s more than seven times its last private market valuation of $427 million. Sumo Logic, which sells data analytics...
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Stop Paying People So Much
Every startup leadership team wrestles with the trade-offs between growth and profitability. This is fitting and ever shall be. What teams don’t reflect on sufficiently is how a flawed compensation philosophy can make those trade-offs far more painful than they could be. As a former entrepreneur, I know that every venture relies on the exceptional efforts of supermotivated professionals,...
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