From South China Morning Post December 2018: A group including family and friends each got 1 per cent of Bezos’ firm in return for US$50,000 – and an astonishing 14 million per cent return now makes each of those original shares worth US$7bn. He failed to convince 38 of them, and 24 years later some[…]
From Crunchbase News December 21 2018: Update: Crunchbase News originally reported that Coinbase was raising a Series F round due to the legal entity named in a filing from a firm participating in the offering. We spoke with a spokesperson from Coinbase, who was able to give us more information about the deal, which is[…]
From CNET December 2018: Along with sourdough bread, impossibly steep hills and the Golden Gate Bridge, San Francisco is known for having more billionaires than any US city west of the Mississippi. Seventy-four to be exact. That’s not to mention the nearly 150,000 millionaires that live in the Bay Area. And those numbers are about to multiply. If[…]
Forbes March 2016 Eight and a Half X: TV star Ashton Kutcher and Madonna manager Guy Oseary teamed with billionaire Ron Burkle to turn $30 million into $250 million with investments like Uber and Airbnb. Liberty Media is betting $100 million the duo can do it again–on their own. (Photos: Tim Pannell for Forbes). Ashton[…]
From Reuters, October 2017 (Reuters) – An initial public offering by Lyft Inc, the second largest U.S. ride services firm, could benefit a broad and diverse group of investors, from Chinese tech giants Alibaba (BABA.N) and Tencent (0700.HK) to a member of the Saudi royal family. Lyft Inc is close to hiring an initial public[…]
12/21/2018 Atlanta, GA – PreIPOSwap.com – Elon Musk didn’t start Tesla; he was an investor in Tesla, after it was founded. This is an important fact that most people don’t know. They think that he’s the brains behind it. Musk was a very early investor in Tesla. From a recent Wired article: ELON MUSK DIDN’T start Tesla.[…]
Atlanta, GA (PreIPOSwap.com) – 12/18/2018 Microsoft (MSFT) is a company that many geeks love to hate. Windows glitches and patches, embarrassing moments in tech history – yet Windows is the dominant computing platform not only for PCs but for Server environments and many other systems. Yeah, they missed the internet, they lost out on Blockchain[…]
From CNBC October 2018 Lyft has selected J.P. Morgan to lead its initial public offering, CNBC has learned. Lyft could be valued at more than $15 billion in the public markets, according to a source familiar with the matter. Uber, Lyft’s main rival in the U.S., is planning to go public at around the same[…]
Bono has written dozens songs during his long and enduring career. But a group he set up several years ago has made more money from an investment in Facebook in 2009, than from all of the music he has written and recorded over the years. Reports said the 55-year-old rock frontman bought a 2.3 per[…]
From Crunchbase: Morning Markets: Somewhat buried in this week’s IPO chatter was the news that bankers are telling Palantir that it may be worth $41 billion. Let’s investigate. Ridesharing companies made headlines recently when media reports indicated that bankers think Uber could be valued at $120 billion in an IPO next year, and that Lyft could command a $15 billion pricetag[…]