Seasonal trends in startup funding
Startup funding and exiting activity have been slow over the past few months in the U.S. Fewer companies closed rounds, IPO volumes were light, and not a lot of big M&A deals got done. But is fundraising […]
IPO
25 IPO’s raised $9.9 billion in Q1 of 2017
The first quarter marked a relatively strong start to the year for initial public offerings of U.S. companies, helped in particular by the IPO of social media darling Snap. Twenty-five companies raised $9.9 billion through […]
Meal-kit startup Blue Apron reportedly preparing IPO
Blue Apron, the biggest U.S. meal kit company, has hired investment bankers to lead its 2017 initial public offering. Blue Apron’s IPO is coming as competition heats up in the meal kit industry. New York […]
Dropbox Secures $600 Million Credit Line Ahead of Expected IPO
Dropbox Inc. is opening a $600 million credit facility from six banks led by JPMorgan Chase & Co. The cloud file-sharing startup pushes toward an initial public offering as soon as this year. Dropbox has said it’s not […]
BuzzFeed said to be working on IPO
Media company BuzzFeed is trying to do the impossible by creating a new public media company today. According to reports from The Wall Street Journal, the company is working on an initial public offering for […]
Pinterest sees a future in small-business advertising
Pinterest has unveiled a program called Pinterest Propel as it looks to build its roster of advertisers and reach out to smaller businesses. The program offers custom-built pins as well as tips from experts for […]
Saudi Aramco has selected its international financial advisers for its IPO
Expected to be the world’s largest equity sale, Saudi Aramco (Private:ARMCO) has formally selected JPMorgan (NYSE:JPM), Morgan Stanley (NYSE:MS) and HSBC as international financial advisers for its IPO. The trio joins Moelis and Evercore, which […]
Snap founders reluctant to offer voting shares
According to a filing last week by Snap, the parent company of Snapchat, founders Evan Spiegel and Bobby Murphy pay their top executives well but also retain a tight grip on voting rights and therefore […]
Chinese photo-sharing app Kuaishou planning U.S. IPO later this year
Kuaishou, a hot photo-sharing application in China, is planning to go public in the U.S. later this year. The app has more than 40 million daily active users against 100 million monthly active users. It was […]