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May 19, 2013 07:00 pm GMT

Finding Patterns In The Tableau IPO

tableauEditor's note:Glenn Solomonis a partner with GGV Capital. Some of his recent investments include Pandora, Successfactors, Isilon, Domo, Square, Zendesk, Quinstreet, and Nimble Storage.Stanford-born and Seattle-based Tableau Software (DATA) enjoyed a tremendous debut on the public markets on Friday, closing on its first day of trading at over $50/share, up over 60 percent from its $31/share IPO price. The company raised over $250 million through the sale of approximately 14 percentof the company, and its enterprise value now sits at approximately $2.5 billion.

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