Zendesk announced its initial public offering today, a modest one at $150 million, but the S-1 filing in some ways bears striking similarities to Box’s a couple of weeks ago in that there is a lot of red ink here. Box also had a modest goal, although $100 million more than Zendesk’s at $250 million. Zendesk wrote in the Risks section, “We have a history of losses and we expect… Read More

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