Reddit announces move to go public after banner year
By Moynihan Reddit announced it has confidentially filed paperwork with the Securities and Exchange Commission to go public. “The number of shares to be offered and the price range for …
Read MoreTag: ipo
Amazon-backed Rivian reportedly seeks valuation of up to $80B in IPO
By Elisa Amazon-backed electric vehicle company Rivian is seeking a valuation of around $70-80 billion in its initial public offering, a source familiar with the matter told. Rivian confidentially submitted plans to federal …
Read MoreEyeglass brand Warby Parker reveals widening losses in filing to go public
By Wayt Warby Parker has either lost money or broken even for the past three years, the company revealed in a Securities and Exchange Commission filing to go public late …
Read More
Bitcoin hits record high above $63,000 ahead of Coinbase IPO
By Manskar The price of bitcoin climbed to a new record high above $63,000 Tuesday as the cryptocurrency exchange Coinbase prepares to go public this week. The world’s largest and …
Read More
Adam Neumann helped secure SoftBanks SPAC deal in final WeWork act
By Elisa An unlikely figure helped set the spark for SoftBank Group’s $9 billion deal to take WeWork public. Adam Neumann, WeWork’s co-founder and ousted chief executive, met in November …
Read More
China’s Ant Group could shatter records with $35 billion IPO
By Lisa The world’s largest fintech company, China’s Ant Group, will try to raise nearly $35 billion in a massive public offering of stock that would shatter records. Alibaba-affiliated Ant …
Read More
Shares of Buffett-backed Snowflake soar in NYSE debut
By Alan Warren Buffett-backed Snowflake’s shares more than doubled in value in a volatile debut on the New York Stock Exchange on Wednesday, after the cloud-based data warehouse company raised …
Read More
Goldman Sachs will no longer do IPOs for companies with all-male boards
By Mcenery Boards packed with bros don’t get IPOs. That’s the new policy at Goldman Sachs, whose chief executive David Solomon said the Wall Street giant won’t take any company …
Read More Ex-WeWork CEO Adam Neumann no longer on Forbes’ billionaires list
By Vega Adam Neumann has been kicked out of the billionaire’s club. Forbes has slashed the estimated net worth of WeWork’s long-haired cofounder to $600 million from $4.1 billion, following …
Read More
Pinterest shares surge 28% in public debut
By Nicolas Shares of online scrapbook company Pinterest surged as much as 30 percent in its public debut Thursday, suggesting that investors aren’t yet planning to write off tech listings …
Read More
Pinterest files for IPO
By Nicolas SAN FRANCISCO — Pinterest is pinning its future on Wall Street, with the digital scrapbooking site on Friday filing for an initial public offering of stock. It follows …
Read More
Lyft zooms past Uber in IPO race
By Carleton Investors, start your engines: The ride-hailing IPO race is finally kicking off. Lyft — the No. 2 taxi app behind Uber — pulled ahead of its bigger rival …
Read More