MoneyHero debuts on the Nasdaq via merger with Peter Thiel-backed SPAC
Bymuratdeniz | E+ | Getty Images Asian fintech firm MoneyHero on Friday fell on its first day of trading on the Nasdaq, following the completion of its merger with special…
Bill Ackman hasn’t talked to Elon Musk about X investment for Pershing ‘SPARC’
Elon Musk (L) and Bill Ackman Reuters (L) | CNBC (R) Activist investor Bill Ackman on Monday told CNBC he had not spoken with Elon Musk about a deal involving…
Alibaba plans to IPO its logistics unit Cainiao
An Alibaba Group sign is seen at the World Artificial Intelligence Conference in Shanghai, July 6, 2023. Aly Song | Reuters Alibaba plans to list its logistics unit Cainiao on…
Tech IPOs get ‘meh’ response from Wall Street: Arm, Instacart, Klaviyo
Instacart celebrates their IPO at the Nasdaq on Sept. 19th, 2023. Courtesy: Nasdaq After a 21-month tech IPO freeze, the market has cracked opened in the past week. But the…
Instacart opens on Nasdaq at $42 in IPO
Instacart shares popped 40% in their Nasdaq debut on Tuesday, opening at $42, after the grocery-delivery company’s long-awaited IPO. The offering late Monday at $30 a share valued Instacart at…
Tech trying to go public as value stock
When the Covid pandemic had many Americans declining to go to the grocery store in 2020, sales at online grocery startup Instacart rose 590%, and its venture capital valuation soared…
Tech IPOs are back, deal valuations are rising. Don’t get fooled again
Shopper using Instacart Source: Instacart As tech startups test the IPO market again, they are pushing up their valuations. After last week’s successful market debut of chip company Arm, two…
Instacart aims for valuation of up to $10 billion in upcoming IPO
Fidji Simo, CEO of Instacart Inc., speaks during an interview in San Francisco, March 3, 2022. David Paul Morris | Bloomberg | Getty Images Grocery delivery platform Instacart raised its…
Sequoia, Andreessen set to take massive hit on 2021 Instacart investment
Sequoia Capital and Andreessen Horowitz, two of Silicon Valley’s most high-profile venture firms, are poised to take a massive hit on their last investment in grocery delivery company Instacart, a…
Sequoia and Andreessen get hosed on their 2021 Instacart investment
Sequoia Capital and Andreessen Horowitz, two of Silicon Valley’s most high-profile venture firms, are poised to take a massive hit on their last investment in grocery delivery company Instacart, a…