Enlarge / That air compressor can output up to 150 psi. (credit: Rivian) Rivian, the electric vehicle manufacturer, is being sued (PDF) by a shareholder who alleges that the company’s surprise 20 percent price hike tarnished Rivian’s reputation and violated US securities laws. The company made “untrue statements” in its IPO about the pricing of […]
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Spark’s Bijan Sabet is stepping back, as is IA Ventures’ Roger Ehrenberg Read More
Roblox Corp.’s valuation had been rising slowly and steadily until ballooning earlier this year. [credit: Ars Technica ] Yesterday, Roblox made good on its plans to go public, with employees and previous investors selling hundreds of millions of shares in a direct listing on the New York Stock Exchange. In a private funding round in […]
In annually battered with pandemic-induced economic slowdowns, the worldwide IPO market will finish 2020 using a bangup more than 23 percent in value, in contrast to 2019, based to bookkeeping company KPMG. Five of those 10 largest IPOs of all 2020 (and a few of the best five) happened on exchanges in Hong Kong, Shanghai, […]
The pandemic all but shut down IPO activity in March, and for a while it seemed like companies would press pause on going public. But nine months later, the public markets are busier than ever—largely thanks to special purpose acquisition companies, or SPACs. “Everybody jumped on board this gravy train,” Lise Buyer, founder and managing […]
Our assignment to generate business better would be fueled by viewers just like you. To enjoy unlimited access to the journalism, subscribe now . Down the road from Stanford University, 20 young techies crammed to a two-bedroom apartment which served as their workplace. Their furniture, purchased on the cheap, comprised a lipstick-red sofa, mismatched tables, and […]
Our assignment to generate business better would be fueled by viewers just like you. Airbnb’s inventory jumped 135% soon after its public introduction, catapulting the home-rental firm ’s economy evaluation over $100 billion after a high-profile first public offering. The firm was priced its IPO at $68 per share. On Wednesday, its inventory opened opened […]
Our assignment to generate business better would be fueled by viewers just like you. To enjoy unlimited access to the journalism, subscribe now . Airbnb’s long-awaited first public offering is expected that week, after a tumultuous season in which its house rental agency ’s company has been hit hard by the coronavirus pandemic. The organization, headed […]
Our assignment to generate business better would be fueled by viewers just like you. To enjoy unlimited access to our own journalism, subscribe now . DoorDash created a highly anticipated debut on Wall Street Wednesday, after a year of remarkably strong growth fueled from the coronavirus pandemic. { The firm ’s {} started trading Wednesday about […]