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5 unicorns that will probably go public in 2019 (besides Uber and Lyft) – TechCrunch



There’s been plenty of fanfare surrounding Uber and Lyft’s initial public offerings — slated for early 2019 — since the two companies filed confidential IPO paperwork with the U.S. Securities and Exchange Commission in early December. On top of that, public and private investors have had plenty to say about Slack and Pinterest’s rumored 2019 IPOs but those aren’t the only “unicorn” exits we should expect to witness in the year ahead.

Using its proprietary company rating algorithm, data provider CB Insights ranked five billion dollar companies most likely to perform IPOs next year in its latest tech IPO report. The algorithm analyzes non-traditional public signals, including hiring activity, web traffic and mobile app data to make its predictions. These are the startups that topped their list.



Peloton Co-Founder and CEO John Foley speaks onstage during TechCrunch Disrupt SF 2018 on September 6, 2018 in San Francisco, California. (Photo by Kimberly White/Getty Images for TechCrunch).

Peloton, dubbed the “Netflix of fitness,” has raised nearly $1 billion in venture capital funding in the six years since it was founded by John Foley, most recently raising $550 million at a $4 billion valuation. The manufacturer of tech-enabled exercise equipment is more than doubling in size every year and is “weirdly profitable,” an unusual characteristic for a venture-backed business of its age. Headquartered in New York, Peloton doesn’t have any public IPO plans, though Foley recently told The Wall Street Journal that 2019 “makes a lot of sense” for its stock market debut.

Select investors: L Catterton, True Ventures, Tiger Global


Cloudflare co-founder and CEO Matthew Prince appears on stage at the 2014 TechCrunch Disrupt Europe/London. (Photo by Anthony Harvey/Getty Images for TechCrunch)

Cybersecurity unicorn Cloudflare is likely to transition to the public markets in the first half of 2019 in what is poised to be a strong year for IPOs in the security industry. The web performance and security platform is said to be preparing for an IPO at a potential valuation of more than $3.5 billion after last raising capital in 2015 at a $1.8 billion valuation. Since it was founded in 2009, the San Francisco-based company has raised just north of $250 million in VC funding. CrowdStrike, another security unicorn, is also on track to go public next year and it wouldn’t be surprising to see Illumio and Lookout make the jump to the public markets as well.

Select investors: Pelion Venture Partners, NEA, Venrock


San Jose-based Zoom Video Communications has reportedly tapped Morgan Stanley to lead its upcoming IPO.

Zoom, a provider of video conferencing services, online meeting and group messaging tools that’s raised $160 million in VC cash to date, is eyeing a multi-billion IPO in 2019 and has reportedly hired Morgan Stanley to lead the offering. Founded in 2011, the company most recently brought in a $100 million Series D financing, entirely funded by Sequoia, at a $1 billion valuation in early 2017. Based in San Jose, Zoom is hoping to garner a valuation significantly larger than $1 billion when it IPOs, according to Reuters.

Select investors: Sequoia, Emergence Capital Partners, Horizons Ventures


Data management company Rubrik co-founder and CEO Bipul Sinha.

Data management company Rubrik has quietly made moves indicative of an impending IPO. The startup, which provides data backup and recovery services for businesses across cloud and on-premises environments, hired former Atlassian chief financial officer Murray Demo as its CFO earlier this year, as well as its first chief legal officer, Peter McGoff. Palo Alto-based Rubrik was valued at over of $1 billion with a $180 million funding round in 2017. The company has raised nearly $300 million to date.

Select investors: Lightspeed Venture Partners, Greylock, Khosla Ventures


Medallia, a customer experience management platform that’s nearly two decades old, may finally become a public company in 2019. The San Mateo-based company, which has been rumored to be planning an IPO for several years, hired a new CEO this year and reported $250 million in GAAP revenue for the year ending Jan. 31, 2018, according to Forbes. Medallia hasn’t raised capital since 2015, when it secured a $150 million funding deal at a $1.2 billion valuation. It has raised a total of just over $250 million.

Select investor: Sequoia

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Jeep’s Wild Wrangler Magneto 3.0 Concept EV Is Going Out With A Bang



To go with that, Jeep has added Dynatrac 60 front axles (5.38:1 ratio) and Dynatrac 80 rear axles (5.38:1 ratio), along with 20-inch off-road beadlock wheels and 40-inch mud terrain tires. The whole thing is lifted by three inches compared to a standard Wrangler. The result, the automaker says, is an EV that excels in off-road situations, not least because of how controllable the power delivery is.

“When you’re rock crawling, you need to be very neat and clean with your driving,” Mike Allen, Jeep Design Chief, says, “especially if there’s a cliff next to you, you need to be very controlled with that.”

To help, Jeep has added a power selection switch. On the one hand, you can have the maximum 650 horsepower and 900 lb-ft of torque; alternatively, the standard setting tamps it down to a more conservative 285 horsepower and 273 lb-ft. Allen says the range is around 150 miles, though that — nor charging times —was never meant to be the Magneto concept’s focus.

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The Best Mods & Upgrades That Can Give New Life To A C4 Corvette



Replacing your restrictive and likely corroded factory exhaust with a new cat-back exhaust is one of the best power adders that you can do to your C4 Corvette. The term “cat-back” refers to the section of the system that is downstream of the catalytic converter, a device that removes harmful emissions from exhaust gases.

An aftermarket exhaust with modern muffler technology will reduce backpressure, allowing more air to flow into the engine, which increases horsepower. According to the popular aftermarket exhaust manufacturer Corsa, a cat-back system for the L98 engine (the most common C4 engine) adds 14 horsepower and 16 foot-pounds of torque to an otherwise stock powerplant — all while adding a deep, muscular exhaust note that’ll make your C4 sound like a Corvette should.

Returning to catalytic converters for a moment, they’re typically long-lasting but may eventually fail by becoming contaminated, clogged, or overheated, leading to decreased horsepower. In the process of installing a cat-back exhaust, it’s worth inspecting or proactively replacing the catalytic converter itself. High-flow performance converters are available which will boost horsepower beyond the cat-back exhaust alone, yet still keep your vehicle compliant with the emissions guidelines of the EPA and local authorities.

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6 Easy Ways To Unlock Your Android Phone Without A Password



For years, fingerprints have been the de-facto phone unlock method because of the method’s incredible convenience and relative security. While a bad actor can, in theory, replicate your fingerprint, and while some Android phones have had fingerprint reader bugs, the majority of the time it’s secure enough to trust while allowing you to access your device in less than a second.

Many modern Android phones utilize an under-display fingerprint sensor that uses either an optical light sensor or ultrasonics to analyze registered fingerprints, while others place a trusty capacitive sensor on the back of the phone or the power button.

Importantly, optical sensors are the easiest of the three to fool in the event someone gets access to your fingerprint. Law enforcement can be especially aggressive should they invent a reason to search your device, having once tried to use a dead man’s finger to do so. However, Android stores fingerprint data in a Trusted Execution Environment, an encrypted section of the phone’s memory that cannot be accessed by the main CPU or by apps.

Setting your fingerprints up can be a bit of a hassle, as some Android phones can be finicky. It may be a good idea to register the same fingerprint twice if you find that your phone’s fingerprint sensor has a hard time recognizing your preferred digit.

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