$4.4 billion Smartsheet has actually seen its stock more than double...
Smartsheet CEO Mark Mader recalls the day his company went public— specifically, April 27th of last year — very clearly. "I was walking onto the floor of the Stock Exchange with my two daughters," Mader told Business Insider. "I remember exactly what I thought in that moment. I'm walking through this corridor and everything was…
The lady who runs a $2.5 billion fund at Fidelity shares...
Nine years into a career bound for academia, Eirene Kontopoulos realized she wasn't cut out for it. While getting a PhD in neuroscience at Harvard, she was spending day in and day out at a lab bench, doing "really solitary work" that didn't make her happy, she said. Then someone told her about the investment…
There are 7.7 billion people in the world today. Here’s what...
Following is a transcript of the video. Narrator: As far as supervillains go, Thanos is, well, not very bright. Say what you will about Doc Oc, Syndrome, or Lex Luthor, at least they put considerable scientific thought behind their evil plans. Doc Oc: "Nanowires feed directly into my cerebellum" Meanwhile, check out Thanos' master plan.…
Uber is going public at a $90 billion assessment
Creative Lab / Shutterstock.com Uber plans to raise more than $10.3 billion in its initial public offering, potentially giving it a market capitalization of $90 billion. The ride-hailing giant will offer 180 million shares at a price between $44 and $50 per share. Uber plans to raise upwards of $10.3 billion in one of the…
This map reveals which specifies in the United States are contending...
With $15.7 billion in equity funding in its pocket, the San Francisco, California-based ride-hailing company Uber has raised more money than any other tech startup in the country. But California isn't the only state in the union harboring highly-funded tech startups. Upserve CEO Sheryl Hoskins runs the most highly-funded startup in Rhode Island. Upserve In…
Pinterest costs IPO at $19 per share, offering it a $10...
Pinterest, the self-described "visual discovery" platform, priced its IPO at $19 a share on Wednesday, giving it a valuation of $10 billion. The company is expected to start trading on the New York Stock Exchange on Thursday under the ticker symbol "PINS." It's joined by another multi-billion dollar unicorn — Zoom, the video conferencing platform,…
Video conferencing business Zoom rates IPO at $36 per share, providing...
The video communication company Zoom priced its IPO at $36 per share on Wednesday, above its expected range, a source familiar with the process told Business Insider. This values the company at $9.2 billion — about 9 times its last private valuation of $1 billion in 2017. CNBC previously reported the price. The company is…
A $23 billion drugmaker and a $2 billion biotech upstart are...
The pharmaceutical industry has spent 30 years and wasted billions of dollars chasing a type of cancer drug in a quest that some have declared impossible. Today, though, it's back, with two drugmakers racing to see if theirs is the winning approach. Though it's early days still, their focus and potential has the industry abuzz.…
Darktrace, the security start-up worth $1.65 billion, posts huge development as...
British tech unicorn Darktrace posted a 93% jump in revenue last year, striking a positive note as the company tries to distance itself from a $5 billion courtroom drama involving one of its major backers. According to filings with the UK's Companies House, Darktrace saw an increase in its pre-tax losses, but the overall story…
Lyft simply improved its IPO cost variety and is on track...
Lyft raised the price range for its imminent initial public offering to $70 to $72 per share on Wednesday after reports of greater-than-expected investor demand for what would be the first ride-hailing business to list on the public markets. The increased price range means the company could raise roughly $2.5 billion in capital and make…
