Instacart opens on Nasdaq at $42 in IPO
Instacart shares popped 40% in their Nasdaq debut on Tuesday, opening at $42, after the grocery-delivery company’s long-awaited IPO. The offering late Monday at $30 a share valued Instacart at …
ipo
Tech IPOs are back, deal valuations are rising. Don’t get fooled again
Shopper using Instacart Source: Instacart As tech startups test the IPO market again, they are pushing up their valuations. After last week’s successful market debut of chip company Arm, two …
Tech trying to go public as value stock
When the Covid pandemic had many Americans declining to go to the grocery store in 2020, sales at online grocery startup Instacart rose 590%, and its venture capital valuation soared …
Sequoia, Andreessen set to take massive hit on 2021 Instacart investment
Sequoia Capital and Andreessen Horowitz, two of Silicon Valley’s most high-profile venture firms, are poised to take a massive hit on their last investment in grocery delivery company Instacart, a …
Instacart aims for valuation of up to $10 billion in upcoming IPO
Fidji Simo, CEO of Instacart Inc., speaks during an interview in San Francisco, March 3, 2022. David Paul Morris | Bloomberg | Getty Images Grocery delivery platform Instacart raised its …
Sequoia and Andreessen get hosed on their 2021 Instacart investment
Sequoia Capital and Andreessen Horowitz, two of Silicon Valley’s most high-profile venture firms, are poised to take a massive hit on their last investment in grocery delivery company Instacart, a …
The IPO market has ‘lost a lot of relevance,’ says Partners Group
The IPO market has lost relevance in the real economy, but there are “absolutely enormous” opportunities in the health-care sector, according to the executive chairman of global private markets firm …
Arm China ‘doing well,’ CEO says, as Son reduces China exposure
You can watch David Faber’s interview with Arm CEO Rene Haas and SoftBank CEO Masayoshi Son on CNBC Pro. Arm’s China subsidiary is “doing well” with strong potential in data …
Arm IPO to help jump-start IPO market: Airbnb investor Rick Heitzmann
Arm Holdings will help jump-start the IPO market, according to the venture capitalist behind Airbnb and Pinterest. FirstMark Capital’s Rick Heitzmann believes real fundamental demand for IPOs is returning. “People …
Cramer calls Arm IPO a ‘goldilocks outcome’
CNBC’s Jim Cramer on Thursday gave his take on Arm Holdings‘ initial public offering, saying the semiconductor designer’s market debut went as well as could be expected. “I think this …