Investors Offer Sober Estimate For China's Ant Group At $200B After IPO Halt
Some of Ant Group’s global investors have valued the Chinese fintech firm at over $200 billion based on its 2020 performance, offering a more sober estimate after the shelving of its IPO and forced restructuring.
IPO Process Has Gotten Worse In Last 5 Years, Says Bill Gurley
The massive pops during recent market debuts have proven the traditional IPO process has only gone downhill, Benchmark's Bill Gurley said.
Airbnb Being Valued At $101B, DoorDash At $66B May End Badly
Airbnb and DoorDash will have to come out of the gate blasting financially as public companies, given the borderline insane valuations giddy investors afforded both on their respective IPO days.
Airbnb, Doordash IPOs Will Use A 'Hybrid Auction'
The hot Airbnb and DoorDash initial public offerings due to come this week will use a hybrid auction mechanism that is designed to result in a deal pricing that gets it closer to market pricing.
DoorDash: The Most Ridiculous IPO Of 2020
DoorDash’s investors and bankers recognize that the window of opportunity to IPO this business closes quickly when the threat of COVID-driven lockdowns no longer drives growth in food delivery demand.
Food Delivery Giant DoorDash In $3.8B IPO
DoorDash, the biggest U.S. food delivery company, is seeking to raise as much as $2.8 billion in an initial public offering that's part of an end-of-year US listings rush.
China's Move To Halt Ant IPO Could Slash Fintech Giant's Value By $140B
New regulations that could force Ant to raise more capital to back lending and seek national licenses to operate across the country may reduce the firm’s valuation by about half.
Why Ant Group's IPO Is Set To Be The World's Largest
The Chinese financial tech titan Ant Group is set to break the record for an initial public offering with a $34 billion haul. Here’s why it’s raising so much money, how it’s doing it and what it means.
Sequoia Had A $9B Week From Three IPOs
The 48-year-old venture capital firm, long the envy of its Silicon Valley peers because of early bets on Apple, Google, WhatsApp, and Zoom, just wrapped up a five-day stretch that, for many rivals, would mark a strong five-year run.
The 2020 SPAC Boom
As the global economy continues to stagger through the tumult of 2020, the financial markets have been busy innovating new ways to generate excitement amid the turmoil. One four-letter word in particular keeps making headlines: SPAC.