Remove Concentration Remove eCommerce Remove Numbers Remove Valuation
article thumbnail

eCommerce Company Wish Files Paperwork To Go Public

PYMNTS

Wish’s filing follows a number of startups, including Snowflake, Palantir Technologies and Asana, seeking opportunities amid a crush of investors, Reuters reported. Led by General Atlantic, a New York growth equity firm, the round boosted Wish’s valuation to $11.2

article thumbnail

eCommerce Company Wish Files Confidential Paperwork To Go Public

PYMNTS

Wish’s filing follows a number of startups, including Snowflake, Palantir Technologies and Asana, seeking opportunities amid a crush of investors, Reuters reported. Led by General Atlantic, a New York growth equity firm, the round boosted Wish’s valuation to $11.2

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

VCs To Hunt In Barren Fields?

PYMNTS

The fact remains that venture capital firms are in the midst of raising money at a level not seen in a decade and a half, and yet, as The Wall Street Journal noted this week, the valuations of some of the highest fliers in the land of startups have started to move back toward earth, which brings to mind Icarus and the sun. With hesitation.

article thumbnail

Payments’ Stranger Things

PYMNTS

But not because the fundamentals of its eCommerce business are strong and getting stronger. In fact, Overstock CEO Patrick Byrne has said publicly he’d like to sell the eCommerce business. And these young businesses — young as in less than a year old — have now raised capital based on multibillion-dollar valuations.

Banking 44