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Results 11 - 20 of about 467:

Alex Fang / Forbes:
Chinese social commerce startup Pinduoduo closes at $26.70 on Nasdaq, up more than 40% on its first day of trading, after raising $1.63B in its IPO   —  Colin Huang, founder of Chinese e-commerce firm Pinduoduo, has joined the ranks of the world's billionaires following the company's debut on the New York Stock Exchange on Thursday.
Jul 26, 2018, 5:40 PMIn context
Jonathan Stempel / Reuters:
Facebook settles class action lawsuit over its IPO for $35M   —  (Reuters) - Facebook Inc and Chief Executive Mark Zuckerberg have reached a $35 million settlement of class-action litigation accusing them of hiding worries about the social media company's growth prior to its May 2012 initial public offering.
Feb 26, 2018, 3:35 PMIn context
Lucas Shaw / Bloomberg:
Sources: Spotify co-founders plan to retain control after direct stock listing through super voting shares, following Google-Facebook IPO playbook   —  Daniel Ek and Martin Lorentzon said to own super voting shares  —  Facebook, Alphabet founders keep control with similar setups
Feb 21, 2018, 12:30 PMIn context
Fred Wilson / AVC:
From 2012 to 2015, following Facebook's IPO, early stage startup valuations soared to unsustainable levels and are now returning back to normal   —  I tweeted out this article from Techcrunch in the middle of last week: … And the response from the Twittersphere was a desire to hear my views on it.
Dec 3, 2017, 1:45 PMIn context
The Guardian:
Two Russian state-owned companies, VTB Bank and Gazprom, owned stakes in Yuri Milner's DST Global funds that invested in Facebook and Twitter pre-IPO   —  Institutions with close links to Kremlin financed stakes through business associate of Trump's son-in-law, leaked files reveal
Nov 5, 2017, 2:08 PMIn context
Kurt Wagner / Recode:
Former Facebook and Snap ad exec Sriram Krishnan announces he is joining Twitter as senior director of product   —  Krishnan, who previously worked on ad tech, is trying something new.  —  Twitter has hired Sriram Krishnan, a former ad tech executive from Facebook and Snap, but he won't be working on ads.
Sep 18, 2017, 9:25 PMIn context
Business Insider:
Social Capital and Hedosophia raised $600M in IPO for holding company they say will invest in late-stage startups to help them avoid IPO process   —  - Chamath Palihapitiya, a “Midas touch” investor, has raised $600 million in the initial public offering for his new firm, Social Capital Hedosophia Holdings.
Sep 16, 2017, 2:15 PMIn context
Anna Nicolaou / Financial Times:
Spotify passes 60M paying customers, adding over 20M so far in 2017, as sources say it plans for IPO on NYSE later this year   —  Unconventional public debut of music streaming service based on subscription success  —  Read next … Spotify has reached 60m paying customers …
Jul 31, 2017, 2:10 PMIn context
Ingrid Lunden / TechCrunch:
Filing: Sean Parker and Klaus Hommels leave Spotify board as ex-Disney COO Thomas Staggs, ex-YouTube exec Shishir Mehrotra, others join ahead of rumored IPO   —  As Spotify inches its way to a public listing, the streaming music company — which now has 140 million users — has made some significant changes to its board of directors.
Jun 22, 2017, 3:20 PMIn context
Noel Randewich / Reuters:
Snap closes at $17, a 4.9% drop from opening price, as it sinks to its IPO price amid investor concerns about future growth and profit   —  Shares of Snap Inc dropped 4.9 percent on Thursday to its initial public offering price, highlighting investors' loss of confidence in the social media company …
Jun 15, 2017, 4:55 PMIn context

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