Chinese ride-hailing giant Didi Chuxing plans to raise as much as $4 billion in its U.S. initial public offering at a valuation of up to $67 billion, according to the company’s filings. Didi’s targeted valuation is less than the $70 billion-plus price tag many bankers had previously expected. The Chinese company said in the filing that it expects its IPO price to be between $13 and $14 per...
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The Information Weekend Does Wyoming, Featuring the Tech Transplant’s Guide to Cowboy Living, an Intro to Crypto’s Favorite Senator, and a Glimpse of the Great DAO Land Grab
Hi, welcome to your Weekend: Special Wyoming Edition!Why devote a whole issue to Wyoming, you ask? Because the smallest state in the union has been been playing an outsized role in tech lately, writing laws that encourage the growth of cryptocurrencies, DAOs, and other instruments that are at the forefront of Silicon Valley innovation right now. Forget Miami and Austin; crypto companies like...
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