Vista-backed business software provider Datto sets terms for $561 million IPO

Datto Holding, which sells a hybrid IT infrastructure platform to managed service providers, announced terms for its IPO on Wednesday.

The Norwalk, CT-based company plans to raise $561 million by offering 22 million shares at a price range of $24 to $27. New investors Investment Group of Santa Barbara and Dragoneer Investment Group intend to purchase $112 million worth of shares in the offering. At the midpoint of the proposed range, Datto Holding would command a fully diluted market value of $4.2 billion.

Datto is the leading provider of cloud-based software and technology solutions purpose-built for delivery through the managed service provider (MSP) channel to small and medium businesses. The company’s cloud-based platform offerings include Unified Continuity, Networking, and Business Management software solutions and it currently serves 17,000 MSP partners.

Datto Holding was founded in 2007 and booked $493 million in revenue for the 12 months ended June 30,

Read More

Data Doctors: Beware of Facebook business manager scams

Data Doctors’ Ken Colburn gives tips on protecting your Facebook business page from scammers.

Q: I’ve been contacted by someone claiming that they want to advertise on my Facebook business page and they sent me a business manager invite to get started. Is this legit or is this some type of scam?

Scammers have long coveted Facebook business or fan pages and they have a variety of ways to trick users into unwittingly giving up control of them.

What you are describing is the most recent iteration of a scam that uses the promise of making money to trick users of Facebook business pages into giving up administrative control.

It generally starts with a private message from someone claiming they represent advertisers that want to pay you to advertise on your business page. This can come from either a Facebook or Instagram message, since they are generally both connected through

Read More

Scott Yahraus, America’s Leading Business Turnaround Specialist, Offers Strategies to Help Companies Navigate the Pandemic Economy

LOS ANGELES, Oct. 13, 2020 /PRNewswire/ — Scott Yahraus (www.scott4business.com), America’s leading expert in business turnarounds and dispute resolutions, was featured in an article in Business Management News offering strategies to help companies successfully navigate this current economic storm.

In an article titled, “How to Save Your Business During these Challenging Times,” Yahraus offers 7 ways that business owners and senior executives can create an environment that is less susceptible to the merciless impact of the Covid economy.

“America is going through its worst economic times since the Great Depression. Millions are out of work. Thousands of businesses have closed – at least temporarily,” the article stated. “Make sure your business isn’t one of them.”

The first piece of advice Yahraus shares is perhaps the hardest to swallow. “Know when to pull the plug,” he states. “There could be an opportunity for you to merge or acquire a competitor

Read More

App Store, Apple Music & other services hit by three-hour outage

Apple’s online services experienced multiple outages on Tuesday, with problems cropping up in Apple’s digital storefronts, Apple TV services, Apple Business Manager, and Apple School Manager.

Update: Outages have been resolved.

The Apple System Status page indicates that there are multiple issues with Apple’s various online services. The problems largely started at 8:23 A.M Eastern Time, and mostly center around Apple’s various storefronts.

According to the page, “Some users are affected” and may be “experiencing a problem” or “intermittent issues” with the App Store, Apple Music, iTunes Store, and the Mac App Store. Further problems are being endured with Apple TV and Apple TV Channels, with all six commencing at the same time and listed as “ongoing.”

The Apple Business Manager and Apple School Manager were both listed as being an issue from 10:15 A.M Eastern Time, but were “resolved” by 11 A.M Eastern Time.

Read More

Master of Business Administration (MBA)

Read More

Beware of scams on Facebook Business Manager

(Pexels Photo)

Q: I’ve been contacted by someone claiming that they want to advertise on my Facebook Business page and they sent me a Business Manager invite to get started. Is this legit or is this some type of scam?

A: Scammers have long coveted Facebook Business or Fan pages and they have a variety of ways to trick users into unwittingly give up control of them.

What you are describing is the most recent iteration of their scam that uses the promise of making money to trick users of Facebook Business pages into giving up administrative control.

It generally starts with a private message from someone claiming they represent advertisers that want to pay you to advertise on your Business page.

This can come from either as a Facebook or Instagram message, since they are generally both connected through the same profile.

It’s likely that they will use screenshots

Read More

Harvard Names Srikant Datar as New Dean of Its Business School

(Bloomberg) — Harvard University named Srikant Datar the dean of its business school, promoting an insider who has spent almost 25 years there and who helped lead its response to the Covid-19 pandemic.

Loading...

Load Error

Datar becomes the 11th dean in the school’s 112-year history after serving as a professor and senior associate dean, Harvard said in a statement Friday. He starts in January, replacing Nitin Nohria, who leaves in December after a decade in the job.

“Srikant will come to the deanship with a broad international perspective, decades of close engagement with business practice, and a strong commitment to building an increasingly diverse and inclusive HBS community,” Lawrence Bacow, Harvard’s president, said in the statement.

The business school last month announced a plan to advance racial equality on campus and in the business world. Those initiatives include recruiting more Black students and faculty, adding a chief diversity officer, and

Read More

Intuit (INTU) Launches Business Management Platform QuickBooks Commerce

  • Intuit Inc. (NASDAQ: INTU) has launched QuickBooks Commerce — which is a business management platform to help small businesses attract and sell to new customers across multiple channels and grow their business

This week, Intuit Inc. (NASDAQ: INTU) launched QuickBooks Commerce — which is a business management platform to help small businesses attract and sell to new customers across multiple channels and grow their business. QuickBooks Commerce serves as a central hub that small businesses have been looking for where they can access multiple sales channels, integrate existing ones, manage orders and fulfillment, sync inventory across online and offline channels, avoid stockouts, and get profitability insights.

QuickBooks Commerce comes at a time when small businesses need it most. And for product-based business (PBBs) to thrive, they must support how their customers want to shop whether in-store, online, or across multiple digital marketplaces all in real-time. And for most small businesses,

Read More

FBMM Ups Jason Leiss To Associate Business Manager




JasonLeiss.jpg

Leiss



NASHVILLE-based business management firm FBMM has promoted JASON LEISS to Associate Business Manager, where he will work with SCOTTY MCCREERY, JOHN HIATT, TENILLE TOWNES and SAM HUNT. LEISS joined FBMM in 2010 and was upped to Account Executive in 2012. In 2015, he qualified for Account Manager status and in 2018, achieved the requirements for Senior Account Manager. 

“JASON epitomizes the ethos of FBMM,” said company co-owner DAVID BOYER. “He brings incredible energy, passion, focus, intelligence and wisdom to bear in providing invaluable guidance and oversight of the huge variety of both business and personal and logistical and financial issues modern musical artists contend with, all with a huge dose of empathy and compassion, and all while maintaining a wonderful sense of humor and modesty.”

“Being involved in the industry as a musician sparked my hunger to serve artists in the music

Read More

MEGA accelerates business transformation with HOPEX IT Business Management

MEGA International, a global software firm providing enterprise architecture solutions, is releasing HOPEX IT Business Management, a new strategic planning solution to ensure IT projects are aligned with strategic business.

The solution helps accelerate business transformation by planning and aligning IT assets to key strategic business objectives, according to the vendor.

“HOPEX IT Business Management allows IT departments to manage both the day-to-day technology and proactively plan for future investments, ensuring the IT roadmap keeps pace with changing business objectives,” said Lucio de Risi, founder and CEO of MEGA.

 HOPEX IT Business Management creates a synergistic environment to support all stakeholders involved in digital business transformation by providing actionable insights for all business and IT stakeholders.

The solution demonstrates the immediate business value of IT projects for accelerated decision-making and faster time-to-value.

This new solution provides business architecture capability, application portfolio management, technology risk management, and a data glossary all

Read More