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Chronicles

The story behind the story

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KKR-backed mobile gaming company AppLovin closes down 18.5% on its first day of trading, after raising $2B in its IPO at a valuation of $28.6B

Megan Graham / CNBC :

CNBC Megan Graham

Discussion

  • @megancgraham Meg Graham on x
    Stay till the end for the money question: Was AppLovin ACTUALLY named after McLovin? https://www.cnbc.com/...
  • @johnkoetsier John Koetsier on x
    Well that makes 10 billionaires I've interviewed. Maybe I should do an NFT series ... billionaires I have interviewed :-) https://www.cnbc.com/...
  • @mattrosoff Matt Rosoff on x
    AppLovin co-founder Adam Foroughi almost sold a majority stake in AppLovin in 2016. It would've valued the whole company at $1.4 billion. Fortunately for him, the deal fell through, and with today's IPO he stands to be personally w...https://www.linkedin.com/ ... https://www.cnbc…
  • @w_chloe Chlo Woitier on x
    Après Coinbase hier, une autre IPO tech aujourd'hui : L'éditeur de jeux mobile AppLovin entre en Bourse ce jeudi, avec une valorisation de plus de 28 milliards de dollars https://www.ft.com/...