Silicon Valley’s Obscure Unicorns Could Boost 2017 IPO Market

Tech NewsSEOUL (Reuters) – Samsung Electronics Co Ltd has obtained permission from South Korean authorities to domestically test a driverless vehicle fitted with its digital parts and software, because the tech big aims to muscle into the automotive trade in the hunt for a brand new growth driver.

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Farhad: It’s an interesting question — and as someone who’s often hooked to each politics news and tech information, I’ve been feeling this tug. On the one hand really nothing in tech looks as if it’s that fascinating in the meanwhile. It’s not just that nationwide headlines are consuming up all my brainspace; it is also that a lot of what’s fascinating in tech, as of late, is pretty speculative.

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The handful of technology companies that managed to go public near the top of 2016 have proven robust inventory performances. Twilio Inc (TWLO.N), Coupa Software Inc (COUP.), Nutanix Inc (NTNX.) and Blackline Inc (BL.) at the moment are trading above their provide prices, boosting the boldness of their private peers that there is pent-up demand for such IPOs.