November 16, 2014 Leave a comment
Last week, many observers were surprised when Hortonworks’ S1 for an initial public offering (IPO) was filed. And there are good reasons to be surprised. Why now? CEO Rob Bearden told VentureWire not long ago that he expected to exit 2014 “at a strong $100 million run rate” in preparation for a 2015 IPO. What changed? Perhaps one answer to that question might be answered by asking another question: for whom?
— for more, see my Gartner blog post —