In the IPO 2020 celebration, Snowflake had the most comprehensive software offering on Wednesday. The gaming company Unity is worth half as much as Electronic Arts only after its first day on the market. The pandemic’s mood tempered the celebrations that caused 200,000 Americans and forced the tech industry into six months of no work.
CEOs talked to employees through home conferences and makeshift podiums outside offices. This 2020 featured bat mitzvahs, Zoom weddings, bar, happy hours, and investor roadshows and now includes Zoom IPO celebration as a regular calendar event.
“Six months ago, when the pandemic was hitting, no one would have thought we’d be in the place we’re in today,” Bonnie Hyun mentioned. Hyun is the head of the New York Stock Exchange technology capital markets. Hyun’s team collaborated with Unity and Snowflake to unite employees online and tailor the experience while getting the Big Board’s optics.
Unity, a 3D video game software maker, asked its 3,700 employees in 17 various countries to participate in the virtual event at 9 a.m. Eastern time. CEO John Riccitiello was in a conference room in the company’s headquarters in San Francisco. He showed his face on the front of a hanging sizable black Unity banner on the NYSE pillars.
Although Snowflake captured Wall Street’s interest, the company had a different experience. The San Francisco Examiner said that the city’s schedule presented that the colors for that night are green, white, and red for Mexico National Day. The city officials mentioned that the light show wasn’t authorized, while a Snowflake spokesperson said that another company made the promotion arrangements.
Ramin Sayar. CEO of Sumo Logic, pointed out that parts of the preparation were difficult because of the wildfires in California, with the gloomy skies and poor air conditions through last week. Still, Sumo was able to proceed as the skies fortunately cleared up. The company gave their employees gifts, which included a token of appreciation,” sweets and a bell that can be simultaneously rung together.
More than ten miles from Sumo’s office, 12 people from JFrog and the three co-founders celebrated together last Wednesday at Sunnyvale’s U.S. headquarters. They also had a Nasdaq-like platform in the parking lot, where social-distancing and wearing of masks were observed by executives who celebrated with the bell ringing. CEO Shlomi Ben Haim said that the company complied with the rules in Santa Clara county.
“We built a replica of Times Square in our parking lot with a full tower and the JFrog logo.”
Ben Haim