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Fastly Files For IPO

Fastly -- a San Francisco based content delivery startup that has raised $219 million in funding according to Crunchbase data and counts the likes of Stripe, Github, Airbnb, Pinterest, Audi, Buzzfeed, Ticketmaster, Vice, Spotify, and Reddit as customers -- has filed for a public offering on The New York Stock Exchange (NYSE). The company intends to list Class A common stock under the ticker "FSLY".

Fastly's S-1 filing revealed some key stats about its operations. They include:
$530,000 average revenue from each of its enterprise customers227 enterprise customers in 2018, up from 170 in 2017 1,582 total customers in 2018, up from 1,439 in 2017$144.56 million revenue in 2018, up from $104.9 million in 2017$29.1 million loss in 2018, down from $31 million in 2017$37 million cash and cash equivalents held as of December 31, 2018$50.1 million sales and marketing spend in 2018, up from $40.8 million a year earlier$34.6 million R&D spend in 2018, up from $29 million in 2017

Nancy Dubuc is now C.E.O of Vice Media

Nancy Dubuc, Left and Shane Smith Right

image credit: Hollywood Reporter

Vice Media has now confirmed that A+E Networks executive Nancy Dubuc is taking over as C.E.O of the company with co-founder flamboyant co-founder Shane Smith taking up the title of executive chairman.

Shane Smith confirmed that he will also now focus more on content development and Strategy deals.

Smith stated regarding the change"As we go forward Vice needs a best-in-class management team to harness all of this growth and control our own destiny, whether it be staying independent, strategically partnering with someone or going public,"

Smith also in the announcement outlined Nancy Dubuc as “better than me at everything,”.









As Shane will always Shine, he added “We are a modern day Bonnie and Clyde and we are going to take all your money,”, so we guess we should maybe....watch out, oohh no go use Vice Media!

Dubuc is already a board member at Vice Media and maintaned a professional relationship with Mr Smith and others through the Viceland cable channel launched as a partnership between her now former company and that she is ascending to as C.E.O.

Dubuc stated regarding the move “Shane and the team at Vice have done what all of us aspire to do — build a brand and make content that people really care about,”

She also added “Vice speaks to a generation that defines today’s cultural conversation, and the opportunity to partner with all of the incredibly creative people across the entire company was one of those rare moments in a career. As the next chapter of media is written by founders such as Shane and [Vice co-founder] Suroosh [Alvi], it’s an honor to join a brand with such tremendous opportunity and I look forward to growing the platform for decades to come.”



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