IPO
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Indian startups gut valuations ahead of IPO push
Ola Electric and FirstCry are set to test investor appetite with public listing, both pricing their shares below their previous valuation asks.
Adtech startup InMobi is eyeing a valuation of about $10 billion in an initial public offering it is planning for next year.
Tempus rises 9% on the first day of trading, demonstrating investor appetite for a health tech with a promise of AI
Tempus, a genomic testing and data analysis company started by Eric Lefkofsky, who previously founded Groupon, debuted on Nasdaq on Friday, rising about 15% on the opening. The company priced…
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Raspberry Pi is now a public company
Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate.
Billionaire Groupon founder Eric Lefkofsky is back with another IPO: AI health tech Tempus
Eric Lefkofsky knows the public listing rodeo well and is about to enter it for a fourth time. The serial entrepreneur, whose net worth is estimated at nearly $4 billion,…
India’s Oyo, once valued at $10 billion, has withdrawn its IPO application from the market regulator for the second time.
Go Digit, an Indian insurance startup, has raised $141 million from investors, including Goldman Sachs, ADIA, and Morgan Stanley, as part of its IPO.
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to receive the Startups Weekly newsletter in your inboxes. It’s…
Ibotta’s recent partnerships with brands Exxon, Shell and Walmart helped the company reach profitability.
Astera Labs’ IPO pops 72% on first day, showing that investor demand for tech with an AI twist is high
Astera Labs started its life as a public company trading at $52.56 per share, up 46% when the bell rang. The company priced its IPO last night at $36 per…
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Astera Labs IPO will reveal how much investors want in on AI
While the technology world breathlessly awaits Reddit’s public debut, another company you might never have heard of is about to go public: Astera Labs.
Reddit’s IPO should be interesting to watch — and not just because the business remains unprofitable, but also because of how the company has chosen to bring in its community of…
Telegram founder Pavel Durov said that the company expects to hit profitability next year with eyes on going public in the future. The chat app, which crossed 900 million users,…
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Databricks keeps marching forward with $1.6B in revenue
While the world waits for Databricks to IPO, the data lakehouse company just keeps raking in the dough, reporting $1.6 billion over the last year.
If secondary buyers aren’t buying shares at more than a $5 billion valuation, it wouldn’t be wise for Reddit to price its IPO above that.
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Reddit IPO could usher in the next big meme stock, users speculate
Jeremiah Johnson says he has “an embarrassing amount” of Reddit karma. So, as a longtime moderator of subreddits like r/economics, he was part of a select group of power users who were granted first dibs to buy stock in Reddit’s IPO as the company prepares to go public. “You would…
Reddit’s long-awaited IPO is nearing, promising to be the largest social media IPO since Pinterest. But in the company’s S-1 filing, Reddit fails to fully address the complications that arose…
As Reddit finally files to go public, the company wrote in its S-1 filing that “meme stock” schemes on r/WallStreetBets could pose a risk to investors. The subreddit r/WallStreetBets, a…
Reddit’s prospects as it barrels toward a stock market listing have a lot more to do with relationships with AI vendors such as OpenAI than one might expect. In its…
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Reddit files to go public at last
Social media giant Reddit filed to go public today. Its long-awaited S-1 filing will see it approach the public markets potentially at the head of a long column of richly valued technology startups and private companies that need to find an exit this year. The timing of Reddit’s IPO is not…
Could 2024 be the year for fintech IPOs? Quite possibly, according to F-Prime Capital’s State of Fintech 2024 report. F-Prime — a VC firm with over $4.5 billion in assets…
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USDC stablecoin issuer Circle files confidentially for an IPO
After trying to go public twice via SPAC deals, Circle is trying to go public once again. Would that other private tech companies were as bold.
Get the correct elements in place for growth before your IPO, and your startup can make steady progress as a public company.
A recent secondary stock sale shows that investors are starting to value Stripe above its most recent, slashed, valuation.
Indian financial services startup MobiKwik seeks to raise about $84.2 million through issue of new shares in an initial public offering in the home market, it said in a draft…
FirstCry, India’s biggest e-commerce platform for mother and baby products, is aiming to raise $218 million through the sale of new shares in its initial public offering, almost a third…
India’s Ola Electric seeks to raise $661.8 million by selling new shares in an initial public offering, the six-year-old Bengaluru-headquartered startup said in draft papers filed with the country’s market regulator…
If you weren’t already buying the Reddit IPO rumors, the internet’s beating heart of deeply niche microcultures just introduced a rebrand, refreshing its iconic logo and rolling out some new…
Singapore-based fast fashion platform Shein has confidentially planned to go public in the United States, according to multiple media reports. The Wall Street Journal broke the news earlier on Monday.…
Social media giant Reddit is once again reportedly testing the IPO waters. Bloomberg reported on Monday that Reddit “is holding talks with potential investors for an initial public offering.” The…