Lightspeed raised $9B+ across six AI funds, including $3.3B to back breakout hits like Anthropic, xAI, and Mistral; Lightspeed has backed 165 AI startups
Erin Griffith / New York Times :
Instacart prices its 22M shares at $30 a piece, raising $660M in its IPO at a fully diluted valuation of ~$10B; Instacart was valued at $39B in 2021
the company isn't just an app. @apoorva_mehta and the team had to build an e-commerce, labor management and ad platform. He also had to construct an enterprise system for retailers + all in a low-marg...
Instacart files for a US IPO, reports 2022 revenue up 39% YoY to $2.55B, $428M net income, up from a $73M loss in 2021, and H1 2023 revenue up 31% YoY to $1.48B
Common Stock This is an initial public offering of shares of common stock … Reuters : Instacart reveals IPO filing, disclosing PepsiCo investment, profitability Dan Frommer / The New Consumer : Parade...
Instacart files for a US IPO, reports 2022 revenue up 39% YoY to $2.55B, $428M net income, up from a $73M loss in 2021, and H1 2023 revenue up 31% YoY to $1.48B
Common Stock This is an initial public offering of shares of common stock … Bill Peters / MarketWatch : Instacart files for IPO, joining crowded field of gig-economy names as markets rebound Hayden Fi...
Airbnb reports Q2 revenue of $1.34B, up nearly 300% YoY, with Gross Booking Value of $13.4B, up 320% YoY, and net loss of $68M, down 88% YoY
The travel rebound is upon us and Airbnb is leading the way. Paul R. La Monica / WRAL TechWire : Airbnb's warning: Delta variant means future bookings will be ‘more volatile’ Duncan Riley / SiliconANG...
Robinhood closes down 8% on its first day of trading, after raising $2.1B in its IPO at a valuation of around $32B
will users ‘age out’ of the app? Finextra : Robinhood prices IPO at $32bn valuation Timothy Craig / Crypto Briefing : Robinhood IPOs Amid Uniswap Partnership Rumors Crunchbase News : Throw The Confett...
Inside Bitcoin 2021 in Miami, the first major in-person crypto conference since the pandemic started
Erin Griffith / New York Times :
Because going public via a SPAC is seen as a merger, startups doing so face fewer restrictions on promoting stock vs. normal IPOs, which have a “quiet period”
Eliot Brown / Wall Street Journal : Tweets: @eliotwb , @jmacinvesting , @eringriffith , and @sarthakgh Tweets: Eliot Brown / @eliotwb : On startups going public IPOs: CEOs barred from talking to the ...
Sources: DoorDash lost around $450M in 2019 and is in talks to raise debt that would convert to equity when it goes public
Erin Griffith / New York Times : Tweets: @eringriffith and @gigworkersrise Tweets: Erin Griffith / @eringriffith : one piece of news from this profile of DoorDash: the company is out raising a round ...
Airbnb, which generated revenue of more than $1B in Q2, says it intends to go public in 2020
Airbnb is not in a rush to go public. Tweets: Erin Griffith / @eringriffith : it's really weird for a company to formally announce that they are going public sometime next year. why did airbnb do that...