The Talent Flight to Quality
How the Pandemic is Changing the Way Talent Moves
Mark Lonergan, December 2nd, 2020
The last ten months have been unprecedented in the Silicon Valley. When COVID hit our region back in February, there was a simultaneous selloff in public markets – and an unprecedented slowdown in the rate of early-stage venture investing. Very quietly, hundreds of venture-backed companies in our region shut their doors, including: Zume,
The biggest news from Silicon Valley
HPE moving to Houston in 2022
Mark Lonergan, December 2nd, 2020
Yesterday the CEO of LSV150 #8 ranked Hewlett Packard Enterprise announced the relocation of this region’s founding company from San Jose to Houston, Texas by 2022. That's much bigger news than Saleforce's acquisition of Slack, but as of the publication of this blog, the San Jose Mercury News and the San Francisco Chronicle have
The Way To Go IPO
Upsurge in Dual Class Stock Ownership in the LSV150
Mark Lonergan, September 19th, 2020
With the September 2020 IPO of San Mateo based Snowflake, the Bay Area boasts yet another example of dual class stock ownership (DCSO), an increasingly popular stock strategy among Silicon Valley tech IPOS.
A DCSO public company has two types of shares: one held
Change Coming to Technology Public Company Boards
Mark Lonergan, July 22nd, 2020
Public Boards of Directors are not exempt from the sweeping business changes necessitated by the COVID pandemic. In the Silicon Valley, we are seeing tools such as working from home, streamlining management teams, company downsizing and even M&A being used to deal with a very different economy. But even in the boardroom there are
Dual Class Stock Structure Companies in the LSV150
2020 Rankings
Susan Lonergan, July 1st, 2020
The table below lists the 29 Lonergan SV150 companies whose most recent proxies indicate a multi-class stock ownership structure. Companies with these structures create a super-voting class of shares which is not publicly traded and typically has ten times the voting rights of the shares available to general