May 17, 2018

Pluralsight kicks off Utah's tech IPO rush

Student using Pluralsight's software to learn about HTML5. Photo: Pluralsight

Online learning company Pluralsight raised $311 million in its IPO at a valuation just north of $2 billion, and began trading on the Nasdaq above its IPO price.

Why it matters: Pluralsight is the first company from Utah’s “Silicon Slopes” (its local tech and startup hub) to go public, with expectations that neighbors like Domo and Qualtrics could soon follow.

Local impact: “I think the big immediate impact [of Pluralsight’s IPO]... is increased brand awareness and attention on Silicon Slopes and the thriving tech community,” co-founder and CEO Aaron Skonnard tells Axios, adding it’ll surely improve Pluralsight and other local tech companies’ ability to recruit.

Go deeper

Updated 20 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 10 a.m. ET: 6,772,361 — Total deaths: 395,703 — Total recoveries — 2,772,730Map.
  2. U.S.: Total confirmed cases as of 10 a.m. ET: 1,898,401 — Total deaths: 109,137 — Total recoveries: 491,706 — Total tested: 19,231,444Map.
  3. Public health: Fauci: "Very concerned" about spread of coronavirus amid George Floyd protests — Cities offer free coronavirus testing amid protests
  4. Sports: How coronavirus could reshuffle the sports calendar.
  5. Jobs: Better-than-expected jobs report boosts stock market.

Trump's week of viral quicksand

Data: NewsWhip; Chart: Andrew Witherspoon/Axios

Stories about President Trump's photo op at St. John's church after peaceful protesters were forcefully cleared from the area averaged the most online attention of any issue about the president this week.

Why it matters: Trump's force-over-compassion approach to the demonstrators protesting the murder of George Floyd had Republican allies backpedaling to keep a distance — and led to a wave of condemnations that got plenty of online traction on their own.

Biden formally secures Democratic presidential nomination

Joe Biden speaks at Delaware State University's student cente on June 5. Photo: Jim Watson/AFP via Getty Images

Former Vice President Joe Biden became the formal Democratic presidential nominee on Friday evening, per AP.

The big picture: Biden has been the presumptive frontrunner to take on President Trump since Sen. Bernie Sanders suspended his campaign in early April.