SoFi says it will go public via a merger with a SPAC backed by Chamath Palihapitiya at a valuation of $8.65B
CNBC Kate Rooney
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@reutersjf
Joshua Franklin
on x
SCOOP: Online lending startup @SoFi is nearing a deal to go public through a merger with Social Capital Hedosophia Holdings Corp V, a #SPAC led by venture capital investor Chamath Palihapitiya $IPOE Story with @ASenjourno & @readkrystalhu https://www.reuters.com/... https://twitt…
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@karaswisher
Kara Swisher
on x
SPAC King @chamath strikes again! https://twitter.com/...
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@conorneu
Conor Neu
on x
Sofi going public via SPAC. Fascinating. https://www.cnbc.com/...
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@readkrystalhu
Krystal Hu
on x
Chamath Palihapitiya is taking another high-profile fintech unicorn public through SPACs, following the completion of the Opendoor deal. SoFi could be valued at over $6 billion in the deal, we're told. full story https://www.reuters.com/... $IPOE https://twitter.com/...
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@lendacademy
Peter Renton
on x
Big #fintech news today as we hear that @SoFi is going public via a SPAC that values the firm at $8.65 billion. @Kr00ney has the scoop here: https://www.cnbc.com/... via @CNBC
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@jayjacobscfa
Jay Jacobs
on x
2021 FinTech IPO pipeline looks as robust as ever, reflecting the growth of trading, crypto, and technology-led solutions in finance. -Affirm -Coinbase -SoFi -RobinHood https://www.reuters.com/...
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@lesliepicker
Leslie Picker
on x
Confirmed via a source that this @Reuters story is true and that an announcement may come as soon as today https://www.reuters.com/...
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@aunkurarya
Aunkur Arya
on x
Continue to believe that SPACs are reserved for companies with limited other liquidity prospects. This is getting obscured because a) the sponsor fees are just too attractive for SPACs not to exist and b) a feverish appetite for new offerings = untrained investors keep buying. ht…
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@danprimack
Dan Primack
on x
Inbox: SoFi going public via @chamath SPAC.