Coinbase is set to go public via a direct listing on April 14, it said Thursday. The company, which operates the largest cryptocurrency exchange in the U.S., brought in $1.3 billion in revenue and turned a profit of $322 million last year. In a direct listing, companies go public by selling existing shares instead of offering new ones, allowing them to avoid paying the investment banks that...
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What It’s Like Getting a Haircut at an Amazon Salon
For a long time, Amazon CEO Jeff Bezos has been saying the company has a simple criterion for opening new categories of physical retail stores: Can it significantly improve on the traditional store experience? With its Amazon Go chain, for example, it used sensors, cameras and software to get rid of cashier checkout lines. I had this in my head when I arrived at Amazon’s first-ever hair...
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