The company is expected to go public at the New York Stock Exchange sometime next month. By the time it does, analysts tell ‘Fortune’ that Uber could be worth up to $120 billion. That value is so large that just 16% of Uber’s shares would let it crack…
View More Uber may have one of the biggest IPOs in U.S. historyCategory: IPO
Pinterest throws subtle shade at Facebook in IPO filing
Pinterest is not happy with Facebook.
The forgotten middle child of the social media family filed for an IPO on March 22, and in doing so the San Francisco-based company made a very public argument that its future is bright. That is, if Faceboo…
This is how much money Pinterest execs made last year
Silicon Valley is known for its massive wealth. When these companies file to go public, we all finally get to know how much money these executives take home each year, and the millions they’ll take home after the IPO. In Pinterest’s S-1, which it filed earlier today, we see that co-founder and CEO Ben Silbermann […]
View More This is how much money Pinterest execs made last yearLyft reveals its IPO price range and fundraising goals
For its Wall Street debut, the company says shares will be priced around $65. According to TechCrunch, Lyft aims to sell over 31 million shares. Lyft adds that stock sales will propel them to raise just over $2 billion. Should expectations be met, Lyf…
View More Lyft reveals its IPO price range and fundraising goalsLyft sets $62-68 price range for its IPO to raise $2B, will trade as LYFT on Nasdaq
Ride-sharing startup Lyft this morning announced that it is kicking off the roadshow for its IPO — setting the clock ticking for its IPO likely in around two weeks. Around that, it also filled in some more details. The stock will trade as “LYFT” on Nasdaq and the IPO range is currently set for between […]
View More Lyft sets $62-68 price range for its IPO to raise $2B, will trade as LYFT on NasdaqUber will reportedly file for IPO next month
Uber, on the heels of Lyft’s official documentation for its initial public offering, is expected to file its S-1 in April, Reuters reports. Uber, in December, filed confidential paperwork for its IPO. Uber will also reportedly kick off its IPO roadshow next month. As part of its offering, Uber is also expected to reward some […]
View More Uber will reportedly file for IPO next monthAfrican e-commerce startup Jumia files for IPO on NYSE
Pan-African e-commerce company Jumia filed for an IPO on the New York Stock Exchange today per SEC documents and confirmation from CEO Sacha Poignonnec to TechCrunch. The valuation, share price, and timeline for public stock sales will be determined over the coming weeks for the Nigeria headquartered company. With a smooth filing process, Jumia will […]
View More African e-commerce startup Jumia files for IPO on NYSELyft executives earned $300 as Lyft drivers, IPO filing reveals
Last year when Uber CEO Dara Khosrowshahi got behind the wheel to understand life as a driver for his ride-hailing company, he failed miserably. And it was all filmed. After Lyft filed to go public Friday, we learned that like its competitor, ride-ha…
View More Lyft executives earned $300 as Lyft drivers, IPO filing revealsLyft files to go public and reveals it lost so, so much money last year
Lyft filed for a $100 million initial public offering on Friday.
In its filing with the U.S. Securities and Exchange Commission, Lyft released its financial history for the first time. With the public disclosure, we now know that for the past three y…
What Silicon Valley can learn from Pinterest
When was the last time a social media company could say it had a good week? Because that’s something the often overlooked social media platform Pinterest can actually claim today.
On Thursday, the Wall Street Journal reported that Pinterest had confi…
Lyft plans to launch IPO next month
Driving service Lyft is planning to beat Uber to the punch of launching an IPO. At the end of last year, both companies filed the necessary paperwork around the same time. Should Lyft go public on March 18 as planned, it would be the only ride-hailing…
View More Lyft plans to launch IPO next monthLyft reportedly will beat Uber to IPO
The two competing ride-hailing apps Lyft and Uber both filed paperwork before the end of 2018 to go public in 2019. Now it looks like Lyft’s initial public (IPO) offering will beat out Uber’s.
CNBC reported Wednesday that Lyft’s IPO will launch around March 18, while Uber’s will need a few more weeks to prepare.
Uber dwarfs Lyft in most ways — it’s valued at around $90 billion, while CNBC said Lyft’s latest valuation is around $20 million. Uber also has a vast presence. It’s available in more than 600 cities around the world while Lyft only operates in the U.S. and Canada. Read more…
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View More Lyft reportedly will beat Uber to IPO