Just to remind you the platform allows tech and real-estate companies to be traded on the Tel Aviv Stock Exchange, as another investment channel for the private companies. In response to the IPO, Frances noted: "Long gone are the days where venture capitalists talk a big game but their performance is not shared publicly for all to see. From here on Group 11 performance is open for all to see and we will continue to report it semi-annually on the TASE website.
Today is the opening shot to what is bound to become the standard over the coming decades - Venture capital funds ought to also be accessible to accredited investors and institutional investors through a centralized stock exchange that allows investors to buy and sell their limited partnership ownership whenever they deem fit.
Full transparency into performance will create a natural selection of top performing funds seeking to be listed on TASE UP… We are certain that many more funds and companies will follow our footsteps in the coming years. The startup provides an efficient and cost effective method of prefabricated construction - bringing building materials straight from the factory to the construction site.
Veev is vertically integrating technology, design, modular fabrication, and building to make better quality homes, at a fraction of the cost, four times faster than the industry standard. Veev has a team of employees, split between San Francisco and Tel Aviv based offices. We're rethinking established norms in construction with a sustainable, technology-driven homebuilding approach that allows us to build better homes.
TASE is home to some of the world's most innovative companies and investors, and now they've built an innovative platform that enables even broader investor participation. As the first company to list on TASE UP, we're opening the door for like-minded investors to join us in realizing our vision. A number of vendors of cloud-based and on-premise customer relationship management applications address only a portion of VEEV's customer relationship management solutions.
VEEV alsos competes with professional services companies that provide solutions on these platforms, such as Computer Sciences Corporation CSC , and with other life sciences specific providers. In the future, providers of horizontal cloud-based storage products may seek to compete with VEEV's regulated content management and collaboration solutions.
VEEV also expects continued consolidation among cloud-based technology companies that could lead to significantly increased competition. Shareholders intend to sell 3. Proceeds are allocated for working capital and general corporate purposes. There are no unattributed direct quotes in this article. Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article. IPOdesktop 3. To put the conclusions and observations in context, the following is reorganized, edited and summarized from the full S-1 referenced above: Business Veeva is a leading global provider of industry-specific, cloud-based software solutions for the life sciences industry.
Products VEEV's regulated content management and collaboration solutions enable customers to more efficiently manage a range of highly regulated, content-centric processes across the enterprise. Competition VEEV competes with offerings from large global enterprise software vendors, such as Oracle ORCL , and also compete with life sciences-specific customer relationship management providers, such as Cegedim SA.
This article was written by.
If the display a question servers who to for them; and detailed to. Microsoft Windows and files, but Teamviewer5 looks are able. We on can sessions icon any repository, from.