Investors reward Lemonade with $3.8B valuation
Venture-backed insurance seller Lemonade got a sweet reception from investors on the day of its initial public offering. Listed...
IPOs
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SoftBank-backed Lemonade raises IPO target to $319M
As its anticipated early July IPO date draws nearer, home insurance provider Lemonade is raising its share price once...
Will Lemonade’s IPO be sweet or sour?
To investors, Lemonade bills itself as the evolutionary successor to the old insurance guard. Instead of luring established customers with the “I switched-and-saved” value proposition, Lemonade hooks them when they’re young. The armies of...
Compass’ hunt for a securities attorney reignites talk of IPO
Compass is beefing up its in-house legal team and seeking expertise a public company would require. A new job...
JPMorgan dodged a bullet with sale of WeWork stake: report
JPMorgan cashed in almost $100 million of its stake in WeWork shortly before the company’s failed attempt to go...
WeWork lays off 250 more employees, but Covid-19 isn’t reason
WeWork laid off 250 more people on Thursday, but the decision was not made because of the coronavirus. The...
WeWork likely to sell Managed by Q to rival company Eden
Talks for WeWork to sell back the startup Managed by Q to its co-founder have fallen through, and WeWork...
Virtual brokerage Fathom Holdings files for IPO
Cloud-based brokerage Fathom Holdings, which charges agents a flat fee per deal, wants to raise $14 million through a...
Future City newsletter: Struggles at SoftBank’s $10B hospitality startup, the death of CrediFi & more
Proptech is a $20 billion industry that’s already reshaping and upending traditional real estate as we know it. And this is just the beginning....
China’s largest co-working firm eyes a New York IPO
China’s largest co-working company, Ucommune, has filed plans for an initial public offering on the New York Stock Exchange....
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