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 ...
Crunchbase launches AI tools to predict where startups are heading, including funding, acquisitions, and IPOs, based on its 17 years of startup data
will it change investing? Jager McConnell / Crunchbase : Historical Data is Dead. The Future is Predictive Intelligence. Duncan Riley / SiliconANGLE : Crunchbase relaunches as an AI-powered platform f...
CB Insights: a record 1,200 VC-backed unicorns have yet to IPO or get acquired; Carta: fewer than 30% of 2021 unicorns raised funding in the past three years
LPs are often invested in multiple firms which hold the same company and have an 🦅👀 into this Dave Kellogg / @kellblog : Hunker, baby, hunker [embedded post] LinkedIn: Katie Roof : Wrote something for...
CB Insights: a record 1,200 VC-backed unicorns have yet to IPO or get acquired; Carta: fewer than 30% of 2021 unicorns raised funding in the past three years
The billion-dollar startup bubble is deflating, and more than $1 trillion in value is locked up in companies with dwindling prospects. Bluesky: @kellblog and @katieroof LinkedIn: Katie Roof , Erika Ha...
Sources: Lightspeed Venture Partners seeks to sell stakes in 10 startups, worth ~$1B, to a private equity-style continuation fund, to let investors cash out
Venture capital firm plans to roll holdings into continuation fund as sector seeks ways to return cash to investors Mastodon: @quoll@mastodon.sdf.org . X: @carnage4life Mastodon: @quoll@mastodon.sdf.o...
Sources: Shein's shareholders offered to sell stock on the private market at a $45B-$55B valuation in late 2023, down from Shein's ~$66B valuation in May 2023
Bloomberg :
Public cloud company valuations in the US, Europe, and Israel have fallen from $2.8T to $1.2T in the past year; private market funding fell 42% YoY in Q3 2022
This article was co-authored with my colleagues Richard Kotite and Will Sheldon. The Accel 2022 Euroscape was unveiled earlier today …
AngelList launches AngelList Stack, a set of tools to help founders start and run their companies, including end-to-end incorporation and banking services
AngelList Stack is a new suite of workflow products for founders — AngelList this week launched AngelList Stack … Source: AngelList Venture and AngelList Venture Tweets: @angellist , @alexh_johnson ...
As hedge funds ramp up private market investments, a look at Coatue Management, a hedge fund started by ex-Tiger Global employees that manages $50B+ in assets
Akash Bajwa / Standing On The Shoulders Of Giants : Tweets: @hkanji and @akashbajwa96 Tweets: Hussein Kanji / @hkanji : Tiger's view is that there's a $5tn market opportunity for private tech compani...
Sources: India is considering giving cash incentives of more than $1B to each company that will set up chip fabrication units in the country
Reuters : Tweets: @amitbhawani Tweets: Amit Bhawani / @amitbhawani : The Govt will give cash incentives to each company which will set up chip fabrication units. “We're assuring them that the govt wi...