New Relic sets the price: $23 a share to raise $115M at Friday’s IPO

New Relic detailed on Thursday the pricing of its upcoming initial public offering. The company plans on offering 5 million shares of common stock on Friday, with a share price of $23.00. New Relic’s New York Stock Exchange symbol will be NEWR.

According to the company’s latest SEC filing, it estimates to earn roughly $94.9 million from the sale of its common stock.

The application-performance management startup was founded in 2007 and claims it has 10,590 paid business accounts and 250,000 users as of September 30, 2014. It now has 524 employees.

According to the company’s S-1 form, the company took in $63.2 million in revenue for 2014, compared to $29.7 million in 2013. It counted $91.8 million for its 2014 operating expenses, which was quite a boost from 2013, which saw the company generating $47 million in expenses.

Just Eat plans London IPO at valuation of up to $1.5B

The online food-ordering service Just Eat is planning to go public on the main London Stock Exchange or its High Growth Segment in April, the company said Monday. According to the Financial Times, the IPO should give Just Eat a valuation of between £700-£900 million ($1.16-$1.5 billion) with a planned haul of £100 million. Just Eat’s main rival is the Berlin-based Delivery Hero, which took in a whopping $88 million in Series E funding back in January. Though Just Eat was founded in Denmark, it is these days part of London’s “Tech City” hub, and its flotation would provide major validation for that scene.

What can anybody do to make London better for tech IPOs?

European technology companies looking to go public usually desert their home turf and head to the U.S. — creating an echo chamber that has made some local investors angry. Now reports suggest that the British government may be trying to reverse that trend. Can it work?

Attention: The social-web IPO window is now closed

A lot of hopes were riding on Facebook having a superstar IPO, including the hopes of venture investors that it would help trigger a wave of interest in other social-web companies, which could then also go public. But now those rosy assumptions are in question.

Are Europe’s startups and investors defeatist?

Neil Rimer of Index Ventures thinks one of the big problems for European startups — the lack of local exit opportunities — is all of its own making. But who has the guts to take up his challenge and go public in London?

Why do Russian companies go public in London?

Another Russian company looks set to list on the London exchange — this time the country’s second-largest mobile operator, MegaFon. It follows Mail.ru, which used London to become a real force in the technology industry. What makes the British capital so alluring?