The curse of the first-day pop, and why Shopify deserves better

Another week, another money-losing tech IPO has an eye-popping rally on its first day of trading. The latest shooting star is Shopify. Like the better-managed IPOs of late, Shopify is positioned for more growth in a promising market. Founded in 2006, Shopify offers a commerce platform for smaller businesses, whether they operate purely online, in brick-and-mortar stores, in pop-up shops and trade shows, or all of the above. Larger retail and restaurant […]

Source: PandoDaily