Roku hit $2.5B market cap

So Roku spent only two trading days to climb to a market cap of $2.5B, exactly the mid-point of the $2B~$3B range I projected previously in my weekly column based on their S-1 form.

I hope this is the start of an era responsible, projected free-cash-flow driven IPOs, in which hardware startups would thrive.

TaskRabbit's (sigh) capital efficiency

Roku IPO up 30% on first trades