Pinterest, the social media operator that is gearing up to launch an initial public offering, has tapped Goldman Sachs and JPMorgan. Reuters, citing people familiar with the matter, reported Goldman Sachs and JPMorgan were hired to lead the IPO, which is expected to come later...
The RealReal, the online luxury reseller, is reportedly mulling an initial public offering, reported Reuters. The report, citing people familiar with the matter, said The RealReal is mulling an IPO for later in 2019 and has started holding discussions with investment banks to help it go...
Digital bank Tandem has revealed plans to go public within the next five years. The U.K. bank said an initial public offering (IPO) would “make sense,” and there was “clearly potential for multiple unicorn valuations in the digital banking space, as evidenced by recent capital...
Airbnb, one of several tech giant companies potentially getting ready for an initial public offering (IPO) this year, said on Tuesday (Jan. 15) that it’s been profitable for two straight years, according to CNBC. Airbnb measures profits through earnings before interest, tax, depreciation and amortization (EBITDA)....
The government shutdown could force companies planning to go public in the early part of 2019 to postpone their IPOs. The Wall Street Journal reported that the partial closure of the Securities and Exchange Commission (SEC) is to blame for the delay, with companies including...
A new report says that Uber’s valuation when it goes public is likely to be $14 billion less than its most recent private valuation. According to The Information, it is believed that when the ride-hailing company goes public this year, it will have a valuation of...
The partial shutdown of the U.S. government could cause serious problems for some initial public offerings. The U.S. Securities and Exchange Commission revealed last week that it would not declare any effective registration statements during the shutdown, which is necessary for companies hoping to go...
Tech companies are taking more time to reach their initial public offerings, with the median gap between their early financing and their IPOs hitting 10.1 years in 2017, up from 6.9 years in 2013, according to a recent estimate. A robust supply of private capital...
Pinterest could file an initial public offering (IPO) as soon as this coming April. Citing sources familiar with the process, The Wall Street Journal reported that Pinterest could choose its underwriters for the IPO as soon as January. Once it’s set, the company could reach a...
