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DoorDash IPO Tops $32 Billion Valuation On Share Price Topping Expectations

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SoftBank-backed DoorDash priced its initial public offering (IPO) shares at $102 each on a valuation of $32.4 The new valuation makes the Silicon Valley startup the biggest individual public food delivery firm in the United States. Earlier in 2020, DoorDash had a private valuation topping $15 billion, up from $1.4

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WeWork Remains Bullish Amid $1.9B In Losses

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On-demand workspace startup WeWork has secured significant funding from investors and has aggressive plans for global expansion, but the company’s losses are ballooning, according to reports in The New York Times this week. According to the company’s latest financial disclosure, the firm’s losses have hit $1.9

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‘Down’ Rounds And Investor Caution — Blip Or Trend?

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And the series of “down rounds” seem to imply there is a growing disconnect between public and private market valuations. In terms of definition, a down round is when a private company taps the private market for fundraising, generally selling equity for lower valuations than had been seen before. billion valuation.

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Why Banks Withhold Cards From Startups ? Even With VC Funding

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The world’s startups are having a good year. The 2018 Q1 saw a combined valuation of VC investments nearing $50 billion — the fourth quarter in a row where VC funding has surpassed $45 million, KPMG noted. Though a startup could secure millions in venture capital funding, it could still take years to turn a profit.

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Lyft Shares Fall Below IPO Price In Second Day Of Trading

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Lyft , the ride-hailing startup that made its debut as a publicly traded company late last week, saw shares slump in Monday (April 1) trading. As of Friday (March 29), Lyft had a market valuation of higher than $22.25 Lyft set a record in terms of the company having the most losses in the year leading up to its IPO.

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Lyft To Price Shares Higher Than Originally Planned

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Lyft , the ride-hailing startup that is gearing up for an initial public offering later this week, will reportedly price shares higher than the initial range due to strong demand on the part of investors. While there is a lot of interest in Lyft, there are also concerns about its lack of profitability.

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eCommerce Co Jumia Files US IPO

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Securities and Exchange Commission (SEC) documents, and by speaking with CEO Sacha Poignonnec. The company’s valuation, share price and timeline have yet to be determined, but if all goes well, Jumia will be the first African tech startup to list on a major global exchange. Reports confirmed the news via U.S.