Dan Primack, Senior Editor at Fortune, posted today at http://finance.fortune.cnn.com/2012/02/22/tableau-to-ipo-next-year/ a suggestion that Tableau can go public next year and I quote:
“Scott Sandell, a partner with New Enterprise Associates (the venture capital firm that is Tableau’s largest outside shareholder) told Dan “that the “board-level discussions” are about taking the company public next year, even though it has the numbers to go out now if it so chose. Sandell added that the company has been very efficient with $15 million or so it has raised in VC funding, and that it shouldn’t need additional pre-IPO financing”.
Mr. Primack also mentioned an “unsolicited email, from outside spokesman: “Next week Tableau Software will announce its plans to go IPO“…
I do not have comments, but I will not be surprised if somebody will buy Tableau before IPO… Among potential buyers I can imagine:
- Microsoft (Seattle, Multidimensional Cubes, integration with Excel),
- Teradata (Aster Data is in, front-end for “big data” is needed),
- IBM (if you cannot win against the innovator, how about buying it),
- and even Oracle (everything moving is the target?)…