More evidence that the IPO market is once again open for business: ZoomInfo, a sales and marketing data analytics firm, saw its stock close up nearly 62% on its opening day of trading. The subscription software firm, which has posted rapid growth in revenue, priced its offering a little above the expecting range. The stock doubled on the opening but eased back a little through the day. It was...
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Stripe in Talks to Raise Up to $3 Billion From Current Investors
Less than a week after telling employees that it would evaluate a public offering over the next year, payments giant Stripe is moving quickly on a deal to raise as much as $3 billion from its existing investors. The talks, which have heated up in recent days, are likely to value the company at between $55 billion and $60 billion, according to one person involved in the potential deal....
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