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Stocks, Yuan, Commodities Slump On Report Trump To Proceed With Next $200Bn In China Tariffs
...millions of exuberant stock-buying voices cried out in terror, and were suddenly silenced. Headlines from The Wall Street Journal that merely confirmed what everyone and their pet ra.....»»
Houston fintech unicorn HighRadius raises $300M Series C investment, reaches $3.1B valuation
HighRadius reached unicorn status — a coveted title given to private firms valued at over $1 billion — in early 2020 after raising a $125 million Series B round......»»
Casper IPO puts $1B unicorns in crosshairs
Casper debuted at a $470M valuation, about half of what it was hoping for......»»
Tiger Global cuts Juul"s valuation by half to $19 billion: WSJ
Private equity firm Tiger Global Management has cut its valuation of e-cigaratte maker Juul Labs Inc by half to $19 billion, the Wall Street Journal reported on Monday......»»
Anatomy of an IPO valuation
Unicorns are getting haircuts, meaning high-flying startups are seeing their valuations shrink when they go public. WSJ explains why differences in the private and public markets are bloating what these companies might actually be worth......»»
The IPO market is rebelling against many of 2019"s money-losing unicorns. Here"s what"s scaring investors away — and what it means for the future.
REUTERS/Lucas Jackson Many of the startups that have tested the initial public offering market in 2019 have floundered amid a disconnect between private valuation and public trading levels. Several unicorns — or startups valued at mo.....»»
SoftBank Employees Furious As WeWork Fiasco Could Force Them To Forfeit Pay
When the news broke yesterday that the "We Company" was prepared to slash its valuation to $20 billion to $30 billion (half its $47 billion private valuation), the financial press known as finance twitter didn't waste any time lampooning the sta.....»»
WeWork Targets $20-$30 Billion IPO Valuation, Huge Discount To Latest Private Round
With the WeWork IPO roadshow expected to start as soon as next week as the company's bankers feel a sense of growing urgency to take the company public asap in the aftermath of such recent bombs as Uber, Lyft, Chewy and most recently, Slack, which crashed.....»»
Top 10 Most Valuable Unicorn Startups In The World
There are more than 343 “unicorn” startups in the world, which have a combined valuation of $1,151 billion. A “unicorn” is a private company with a valuation of at least $1 billion. There is no shortage of unicorns in the [.....»»
Is Pinterest"s Lower IPO Valuation a Bad Sign?
Pinterest plans to go public at a valuation lower than its last private equity fundraising round......»»
Toast fetches $2.7 billion valuation as payments fervor continues
Restaurant-technology company Toast announces a new funding round, nearly doubling its private-market valuation in less than a year and underscoring a general enthusiasm for software-focused names in the payments space......»»
DoorDash hired her to spend half a billion dollars
The San Francisco-based delivery company closed on a $535 million funding round — its largest yet — March, giving it a valuation of $1.4 billion......»»
Pinterest Has Filed Confidentially for an IPO as Early as June, Report Says
The offering could give Pinterest a market cap of $12 billion, equal to its valuation during its last private round. Pinterest filed confidentially for an initial public of.....»»
Health care titans dominate Business Journal"s Private Sector Employers list
While some of the companies on our list claimed growth, more than half reported a reduction in their workforce......»»
Truist, Flow Automotive, SAS, others pledge millions toward state-funded initiative
A relatively young nonprofit backed by $500 million in North Carolina state funding says it hit a critical milestone in gaining private-sector financial support from big-name banks, foundations and other companies and organizations......»»
Jax could have first affordable housing fund in Florida
How a proposed public-private partnership looks to address Jacksonville's affordable housing crisis — with millions of dollars at stake......»»
Carlyle Group snaps up dozens of homes near RDU
The private equity firm spent tens of millions on dozens of townhomes in Morrisville, part of a trend of institutional investors eyeing the Triangle's housing market......»»
San Francisco"s Perplexity AI in talks to double funding, triple valuation
San Francisco search startup Perplexity AI has raised $165 million over three rounds since early 2023, and is reportedly in talks to raise another, even bigger, round......»»
Elizabeth Warren is asking a major student-loan company to cancel debt for borrowers with "decades-old predatory private" loans. Here"s how.
Millions of student-loan borrowers are being transferred from Navient to MOHELA. Elizabeth Warren wants some of their debt to be canceled first. Sen. Elizabeth Warren.Evelyn Hockstein-Pool/Getty ImageSen. Elizabeth Warren led a letter urging Navien.....»»
New York man who pilfered millions from private school was thrown out of Brian Laundrie lawyer"s office
A New York private school exec who stole millions from students before prosecutors uncovered 11 years of money laundering will spend 8 1/3 to 25 years in prison......»»