Sources: Discord files confidentially for a US IPO, working with Goldman and JPMorgan; Discord was valued at ~$15B in 2021, and rejected a $12B Microsoft offer
Discord Inc. filed confidentially for an initial public offering, according to people familiar with the matter …
US companies sold $1.7T of investment-grade bonds in 2025, nearing the $1.8T 2020 record, driven by AI infrastructure borrowing; Goldman says AI makes up ~30%
Investment-grade borrowers have issued $1.7tn of bonds this year, closing in on 2020s Covid debt rush
Reddit closed up 48%, at $50.44/share, in its NYSE debut, valuing the company at ~$9.5B on a fully diluted basis, just shy of its $10B valuation in August 2021
even for y'all. Rat King / @mikeisaac : apparently Reddit's IPO included the first bell-ringing carried out by a “non-human entity” — in this case, the alien Snoo [image] Trevor Scott / @tidefallcapit...
Apple says Apple Card's savings account, which has had a 4.15% interest rate since its April 2023 launch with partner Goldman Sachs, has topped $10B in deposits
https://www.cultofmac.com/... Twitter: Simon Khalaf / @simonkhalaf : If anyone has a doubt how powerful embedded finance is, just read this https://9to5mac.com/... Neil Cybart / @neilcybart : Apple PR...
India-based insurance marketplace InsuranceDekho raised a $150M Series A led by Goldman and TVS, including ~$40M debt, a source says at a $475M-$500M valuation
Manish Singh / TechCrunch :
Sources: Goldman Sachs' Platform Solutions lost ~$2B in 2022, mostly due to the Apple Card and Goldman's installment-lending platform GreenSky
including Goldman's Apple Card — now packaged into the segment dubbed Platform Solutions racked up more than $1.2 billion in pretax losses in last year's first nine months, with the drop accelerating ...
Alphabet reports Q4 revenue rose 32% YoY to $75.3B and net income grew from $15.2B to $20.6B YoY; Cloud revenue rose from $3.8B to $5.5B YoY; stock rises 5%+
It was the best of times, it was the worst of times for Alphabet in 2021. Bloomberg : Alphabet Seeks More Investors in 20-for-1 Stock Split Leah Montebello / City A.M. : Google parent Alphabet beats r...
Analysis: Coinbase influences cryptocurrency returns, most coins underperform BTC and ETH over time, and VC-backed coins give the worst returns of all
Note: This is not investment advice and my investment disclosures are below. — Special thanks to my Ali Khan for running the scripts to grab and analyze pricing data. Tweets: @balajis , @jack , @lud...
Coinbase files its S-1, reveals profit of $322M in 2020 on $1.2B in revenue, up from a loss of $30M in 2019 on $533M in revenue
This summary highlights selected information that is presented … Jeff Kauflin / Forbes : Coinbase Cofounders And Investors Poised To Rake In Tens Of Billions From IPO Ian Allison / CoinDesk : Coinbase...
BitGo, which makes multi-signature cryptocurrency wallets, raises $58.5M Series B from Goldman, Mike Novogratz, and others, bringing total raised to $70M
Lily Katz / Bloomberg :