Few startups IPOed this year, but the ones that did soared
There weren’t many tech IPOs this year, but they performed well. Just 14 venture-backed tech companies went public, according to Dealogic. This compares to 25 last year and the 40+ we saw in each of...
View ArticleThe price of Bitcoin just hit an all-time high
Wow — Bitcoin just hit an all-time high. The digital currency is currently trading at around $1,186 — which is about $20 more than its previous all-time high of ~$1,165, which it hit in November 2013,...
View ArticleSnap tumbles 12% on day three, erases gains
Snapchat parent Snap Inc . debuted on the stock market Thursday and immediately saw substantial gains on its first two days. But the excitement has already worn off, with shares tumbling more than 12...
View ArticleSnap has already tumbled 11% on day four
Snap, the parent of Snapchat, had a great first two days on the stock market, only to be followed by two terrible ones. Shares quickly tumbled to beneath $22, a more than 11 percent drop in morning...
View ArticleMuleSoft prices IPO above expected range at $17 per share
Enterprise software company MuleSoft will go public tomorrow and just priced their IPO at $17 – slightly above the proposed $14-16 range. The company will start trading on the New York Stock Exchange...
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Surging tech stocks have pushed Nasdaq over 6000 for the first time ever
The Nasdaq composite just passed 6000 for the first time, hitting an all-time intraday high in the process. Over the past 12 months the composite is up nearly 32%. The majority of this strong...
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How to price your IPO
2017 is miles ahead of 2016 when it comes to IPOs. Instead of the mere two tech IPOs we had this time last year, there have been at least 10, depending on what you count as a tech shop. In late May...
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Tech stocks tanked for the second straight day
It’s been a bad few days for tech stocks. The FANG stocks, a moniker used to collectively describe Facebook, Amazon, Netflix and Google (now Alphabet) have had a rough two days on Wall Street. And even...
View ArticleTencent’s online publishing arm files for IPO in Hong Kong
Hong Kong has secured its second high-profile tech IPO inside a week. Following on from gaming firm Razer, which filed its prospectus on Friday, Tencent’s online publishing service has followed suit...
View ArticleWill Blue Apron’s rebound continue?
Cooking kit delivery company Blue Apron traded up 3.5% on the stock market Monday, erasing some of the losses from its first two days as a public company. Shares closed at $9.67, which was still...
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Southeast Asia games firm Sea, formerly Garena, files for $1 billion US IPO
Southeast Asia-based games and e-commerce firm Sea, formerly known as Garena, has officially filed for its much-anticipated U.S. IPO. The company, which is valued at over $3.75 billion, will list on...
View ArticleInvestors can now make trades on Yahoo Finance
It’s no longer just a place to look up stock market data and company news. Yahoo Finance is now introducing trading directly via its app. With 75 million monthly active users, Yahoo Finance (our sister...
View ArticleCrunch Report | Lyft Raises $1 Billion
Today’s Stories Lyft raises $1 billion at $11 billion valuation led by Alphabet’s CapitalG Swedish lock giant Assa Abloy acquires smart lock maker August Home MongoDB shares pop 25% in its public...
View ArticleThe US-based tech company that just went public in London
Boku, a United States-based carrier billing company, listed on the London Stock Exchange’s Alternative Investment Market (AIM) recently, selling £45 million in stock. Only about one-third of those...
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Stressing aptitude over achievement, Strive Talent pitches a new way to hire
While unemployment in the U.S. hit a 17-year low and the stock market keeps humming along, there’s a lingering sense that all is still not well in U.S. labor markets. Most jobs require a college degree...
View ArticleWinklevoss-led Gemini announces a self-regulatory group for crypto
Gemini, run by the Winklevoss twins, is one of the most Wall Street-oriented exchanges on the crypto markets. Originally envisioned as “bitcoin in a suit,” it is now leading the way in self-regulation...
View ArticleMarkets drop sharply as China implements new tariffs against US
Who would have thought a potential trade war would cause investors to sell? U.S. markets plunged today as China announced that it was implementing tariffs on $3 billion worth of American goods, mostly...
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Redefining dilution
Eric Paley Contributor Eric Paley is a managing partner at Founder Collective. More posts by this contributor Redefining dilution When venture capital becomes vanity capital Everyone generally agrees...
View ArticleFINRA takes down an unregistered cryptocurrency security
FINRA, the non-profit organization that tasks itself with policing the securities industry, is charging Timothy Tilton Ayre of Agawam, Mass. with fraud and unlawful distribution of unregistered...
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Tech stocks (and the stock market) are tanking thanks to rising interest rates
Tech stocks tanked today amid a broader stock market slide as nervous investors worried that the 10-year bull run in public stocks may be coming to an end. The S&P 500 dropped 3.3 percent while...
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