CoreWeave raised $1.5B in its IPO, selling ~37.5M shares at $40 each, down from a planned 49M shares at $47-$55; source: Nvidia anchored with a ~$250M order
but many buzzy tech IPOs remain in the pipeline Thomas Maxwell / Gizmodo : CoreWeave Is at the Center of the AI Revolution, and Its IPO looks Like a House of Cards Helene Braun / CoinDesk : CoreWeave ...
Q&A with Robinhood CEO Vlad Tenev about the meme-stock craze, launching in the UK and EU, becoming customers' primary financial institution, and more
Liz Hoffman / Semafor :
SBF claims FTX had ~$60B in collateral in spring 2022, before a credit squeeze, market selloff, and “run on the bank” reduced it to $9B and led to bankruptcy
and Themselves” Now he has become a doormat apparently. https://twitter.com/... Cas Piancey / @caspiancey : Remember when the FDIC forced Brett Harrison, former CEO of FTX US, to delete a tweet claimi...
Sources: unusually large purchases of call options by SoftBank over the past month partly fueled the latest tech stock rally
Hello and welcome to Pipeline. I hope this kicks off a great three-day weekend for you. Alex Wilhelm / TechCrunch : Stocks are selling off again, and SaaS shares are taking the biggest lumps Tara Lac...