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“#DoorDash prices IPO at $102 a share ahead of market debut” DoorDash said it has sold stock for $102 a share in its initial public offering, doubling the food-delivery giant’s valuation ahead of its Wednesday market debut. The San Francisco-based startup is set to raise about $3.4 billion from the highly anticipated IPO, which will…
“#Robinhood hires Goldman Sachs to lead IPO” Stock trading app Robinhood Markets has picked Goldman Sachs to lead preparations for an initial public offering which could come next year and value it at more than $20 billion, people familiar with the matter said on Tuesday. Robinhood was valued at $11.7 billion in its last private…
“#StockX seeks $2.5 billion valuation as it eyes more funding” StockX — a fast-growing Web destination for traders of hard-to-find sneakers — is looking for a whopping $2.5 billion valuation as it prepares for a fresh round of private funding, The Post has learned. Sources estimate that the Detroit-based company is looking to raise $250…
“#Airbnb hikes IPO price range for potential $42B valuation” Airbnb plans to raise the target price range for its initial public offering this week to potentially give itself a nearly $42 billion valuation, according to reports. The vacation-rental giant now plans to list its shares for $56 to $60 apiece, up from the range of…
“#Luminar founder Austin Russell, 25, is billionaire after IPO” The founder of a startup that helps cars drive themselves just became a billionaire — and he’s barely old enough to rent a car on his own. Luminar Technologies CEO Austin Russell, 25, secured a hefty fortune after his company’s stock market debut this week. The…
“#George Soros says he regrets investing in Palantir as stock surges” George Soros claims he has buyer’s remorse about his investment in Palantir — even though he’s kept his lucrative stake through some of the secretive Silicon Valley firm’s biggest controversies. The left-leaning billionaire’s eponymous fund revealed last week that it owns more than 18…
“# Mike Novogratz’s Galaxy Digital to launch new Bitcoin fund in Canada ” Galaxy Digital, a cryptocurrency merchant bank founded by Mike Novogratz, is expanding its crypto offerings in Canada. According to a Nov. 16 announcement, Galaxy Digital has partnered with major Canadian investment company CI Global Asset Management to launch a public Bitcoin (BTC)…
“#Airbnb files for IPO, reveals widening losses and falling revenue” Airbnb filed for its long-awaited initial public offering revealing widening losses and falling revenue as the pandemic has kneecapped the travel industry. In a so-called S-1 securities filing on Monday, the home rental company admitted that its loss for the first nine months of the…
“#Doordash files for IPO, reveals sales have soared during pandemic” Doordash filed to take itself public on Friday, setting the stage for a blockbuster IPO by the end of this year. The fast-growing food-delivery giant, which in just seven years has become the US’s No. 1 service of its kind, said in a prospectus that…
“#’Doctor Mike’ calls for probe of scrubs maker Figs” A celebrity doctor says he has been flooded with alarming social-media messages about medical scrubs startup Figs — and now he’s calling on the authorities to intervene, The Post has learned. Dr. Mikhail Varshavski — who was named People’s “Sexiest Doctor Alive” in 2015 and who…