Archive: IPO

The IPO process is broken. And Silicon Valley isn’t owning up to its role in that dysfunction.

Gold Confiscation, $90K Bitcoin and IPOs Gone Wrong

By Adam Sharp on October 4, 2019

Today we’re looking at three important stories: the history of gold confiscation, why IPO investors are last in line and the possibility of $90,000 bitcoin.
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Pre-IPO Investors Don’t Need to Worry About WeWork

By Adam Sharp on October 1, 2019

WeWork has been a disaster, especially for SoftBank. But fortunately for pre-IPO investors, it’s not really impacting the private startup markets.
In the headlines this week: Bitcoin falls 15%, WeWork tries to clean up its IPO mess and the House passes a marijuana reform bill with a historic vote.

News Fix: WeWork Can’t Shake Off Its IPO Woes

By Vin Narayanan on September 21, 2019

In the news this week, WeWork’s IPO woes continue, Massachusetts’ vape sales decline and the U.S. Army looks to hire crypto investigators.

News Fix: Binance Gets Dollar-Backed Stablecoin Approved

By Vin Narayanan on September 7, 2019

In the news this week: Binance’s stablecoin is approved by New York regulators, the marijuana industry ramps up its lobbying efforts and no one wants to buy WeWork shares.
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The First Stage Investor team is reviewing startup investing basics to get new investors up to speed. First up are time frame, liquidity and portfolio construction.
In the news this week, Facebook undergoes intense scrutiny at two congressional hearings, Curaleaf increasingly dominates the cannabis market and Chinese startups struggle to raise money.
2019 is set to be a record year for venture capital-backed IPO raises.
This week, the Early Investing team explains the upside of crowd SAFEs and the potential impact of Tron founder Justin Sun’s lunch with Warren Buffett.
In this week’s Mailbag, the Early Investing team breaks down liquidity and crunches the numbers on jobs in the marijuana industry.
The Early Investing team explains why politicians are dropping the ball on pot legalization and how convertible notes work.
In the news this week, former NFL players get into the weed business, Marc Andreessen’s Long-Term Stock Exchange gets SEC approval and Mark Mobius changes his mind.
Successful startups aren’t always a welcome addition to the public markets. Sometimes the competition is bad news for everyone.
This week, the Fix reports on Uber’s IPO, the Binance hack and medical marijuana fights in Florida.

Pinterest Pre-IPO Investors Are Already Too Late

By Allison Brickell on April 29, 2019

Pinterest joined the IPO parade with much fanfare from investors, but its IPO price-to-sales ratio seems questionable - especially when compared with a more established company.