SaaS

Sarah Mishkin

After the correction in tech stocks in recent weeks, investors would be forgiven for being surprised by the performance of two tech IPOs in New York this week. Read more

Richard Waters

The hotly anticipated IPO of Workday could help to advance Morgan Stanley’s rehabilitation in the wake of the Facebook fiasco. But given the way other recent tech deals led by the bank have been structured, it is still too soon to pass a verdict on its performance – or to tell how much long-term damage the debacle surrounding the Facebook offering will do to its business in Silicon Valley. Read more