12 tech companies most likely to IPO in the next year

Despite the fact that the tech IPO has been all but vaporized, there is some reason to think that it has not been completely snuffed out. Just this week, Renaissance Capital noted there were four tech IPOs in the second quarter, up from zippo in the first quarter. 

(Venture Beat)

3 reasons Saudi Arabia is freaking out about its cash situation

Early this year, the Crown Prince of Saudi Arabia revealed that Saudi Arabia is considering an initial public offering for state-owned oil company Aramco. Chairman of Aramco Khalid al-Falih later clarified that the IPO would not include Saudi Arabia’s oil reserves, estimated at 268 billion barrels.(Business Insider)

Fitbit files for $100m IPO, but warns Apple Watch is biggest risk to its business

Fitbit, the maker of a popular line of wearable fitness-tracking devices, has filed for an initial public offering worth