‘Why These Companies Were Hot In 2015’ – ‘ReadWrite’
Christopher Lochhead says, “In mid-December, Atlassian pulled off a successful tech IPO and is now enjoying a $5.5 billion market capitalization. The software company founded by Australian entrepreneurs Mike Cannon-Brookes and Scott Farquhar has become Silicon Valley’s hot company of the moment. Some are speculating that their success is a sign of good things in 2016 for other young, hot tech companies with IPO dreams.
This raises a question, though: What makes one company hot and another, well, not? By any measure, it appears that Atlassian has built great products, a solid business model and is executing well. But so do a lot of companies.
Taking A Company’s Temperature
Wall Street analyst Jason Carlamere had this to say about Atlassian’s IPO on Seeking Alpha“.
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