January 25, 2023
The RealReal Names New CEO John Koryl ‘Hyper-Focused’ on Achieving...
The RealReal has named eCommerce and omnichannel veteran John E. Koryl as CEO and board member. The luxury reCommerce marketplace also said in a Wednesday (Jan. 25) press release that...
January 25, 2023
The Corporate Governance Cartel
By Danielle Chaim, Bar-Ilan University This Article offers a novel — antitrust — perspective on a growing phenomenon in capital markets: institutional investor coalitions. It reveals the anticompetitive risks that...
January 25, 2023
Circle Blames SEC for Collapse of $9B SPAC
Stablecoin company Circle says the SEC is to blame for its failure to go public. The company told the Financial Times (FT) in an interview published Wednesday (Jan. 25) that...
January 24, 2023
Crypto IPO Listings Wither Under SEC Spotlight
Cryptocurrency firms are facing new levels of government scrutiny as they try to go public. At least three companies — Bullish Global, Circle Internet Financial, and eToro Group — have failed to...
January 23, 2023
Steer Considers $18M Investment to Grow B2B Marketplace for Restaurants
Steer Technologies is considering a proposed sale of 37.5% of its B2B marketplace for restaurants. The proposed $18 million transaction would value Restaurant Supply Business at $48 million on closing,...
January 20, 2023
January’s FinTech SPAC Freeze Reflects Widespread Chill on Wall Street
The special purpose acquisition company (SPAC) may not be dead, but its pulse is pretty faint. January has thrown a deep chill for public listings in the FinTech space and...
January 20, 2023
Rally Fades and Platforms Plummet as FinTech IPO Index Loses...
For the FinTech IPO Index, the rally fizzled quickly. After a surge into the first few weeks of the new year — notably, double-digit gains last week — the index...
January 18, 2023
nCino Names 8-Year Company Veteran and IPO Leader as CFO
nCino has appointed eight-year company veteran Greg Orenstein as chief financial officer. Orenstein most recently served as the cloud banking firm’s chief corporate development and strategy officer. Prior to that,...
January 18, 2023
Fast Fashion’s Hot New Player Shein Not Immune to Economic...
Shein is reportedly considering a funding round that would lower its market valuation by a third. The Financial Times (FT) reported Wednesday (Jan. 18) that the deal to raise $3...