From CNBC Reddit and selling shareholders aim to raise about $750 million as part of the company’s upcoming IPO, according to a corporate filing on Monday. The company and some existing stakeholders plan to sell about 22 million shares in the range of $31 to $34 per share. Investors are closely watching Reddit’s IPO, which[…]
From Crunchbase News: Shares of data automation startup Klaviyo closed up around 9% on their first day of trading on Wednesday, a muted performance for the second big venture-backed IPO of the week. Late Tuesday, the company priced shares at $30 each, a bit above the projected range, raising around $576 million. The offering set an initial valuation[…]
From Crunchbase Startup stock options mean something different in 2023. Many unicorns are staying private for around eight to 10 years while enjoying household name status with public companies like Amazon and Microsoft. Search less. Close more. Some of the highest-valued startups on the The Crunchbase Unicorn Board, including Stripe, Shein and ByteDance, have been around as private companies for longer than a decade. As[…]
The logo of Nubank, a Brazilian FinTech startup, is pictured at the bank’s headquarters in Sao Paulo, Brazil June 19, 2018. REUTERS/Paulo Whitaker BANGALORE/SAO PAULO, Aug 25 (Reuters) – Brazil’s Nubank is seeking a valuation in its planned U.S. initial public offering that would push the eight-year-old fintech past the $55.4 billion value of the[…]
The parent company of Triller is in advanced talks with multiple companies that could result in an acquisition or merger, a source tells Front Office Sports. TrillerNet reportedly had plans to go public. In the process of prepping for a direct listing by year’s end, the company received offers from “a number of large, multi-billion dollar[…]
From Reuters (Reuters) -Online learning platform Udemy Inc on Tuesday filed regulatory paperwork for an initial public offering (IPO) in the United States, revealing a surge in revenue last year driven by the pandemic-led accelerated shift toward remote learning. The San Francisco-based company’s revenue grew 55.6% to $429.9 million in 2020 from a year earlier,[…]
Authored by Mike Shedlock via MishTalk.com, Christopher Bloomstran compiled detailed of Robinhood in a lengthy series of Tweets that every would be Robinhood investor ought to read. Warning to Robinhood Investors I don’t follow Robinhood other than reporting the numerous problems it has had with account theft and customer service. However I know a good[…]
From Zero Hedge: As was reported previously, Robinhood Markets – which is rushing to preempt any more fiascos and market crashes and go public as quickly as possible – has filed for an Initial Public Offering listing on the Nasdaq with the ticker HOOD (S1 filing here) and will use Goldman, Citi, JPMorgan and Barclays;[…]
from ZH One day ahead of this week’s blockbuster DIDI IPO in which the Chinese Uber sold at the top of its $13-14 range, broke for trading at $16.75 then tumbled only to rebound on Thursday, we warned readers that this is one they want to stay away from as a result of Beijing’s aggressive intervention in[…]
from ZH DIDI just crashed back to within pennies of its IPO price… We appear to have where the underwriters were waiting. * * * Didi raised about $4.4 billion in its initial public offering Tuesday after pricing shares at $14 apiece, making it the biggest IPO haul for a Chinese company since Alibaba Group Holding[…]