Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.Today were starting on a somber topic, so Ill hold off on our usual jokes and attempts at puns.
The impact of the coronavirus known as COVID-19 is starting to show up in United States -based technology earnings, and its something we need to discuss.
Well get back to SaaS multiples, the IPO market, and riffing on startups later today, but first, some bad news from the public markets.Lets examine the latest from Microsoft, Nutanix, and Booking Holdings (parent company of Bookings.com), OpenTable, and Kayak.
Afterwards, well talk about what types of companies might be impacted, given what weve learned.
And finally, well link this all back to startups, younger technology shops sensitive to changes in market sentiment and repricing due to public market gyrations.