Salesforce has promoted Bret Taylor, its president and chief operating officer since 2019, to vice chair and co-CEO alongside co-founder and CEO Marc Benioff. The promotion further solidifies Taylor’s status as the heir apparent to Benioff if and when he decides to step away from day-to-day operational duties. It also comes a day after Taylor was named board chair at Twitter after Jack...
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Lessons From the Last Three Years of IPOs
Talk about hangovers in the wake of initial public offerings! It’s a telling sign when you have to go back to 2019 to find a decent number of tech IPOs that are still above water. As we recounted today—and demonstrated in a cool chart—the vast majority of last year’s IPOs are underwater. The group from the year before isn’t doing much better. But the crop from 2019, when companies such as...
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