Consumer lending startup Affirm is said to have priced its initial public offering at $49 per share, Bloomberg reported Tuesday . That means the company raised over $1.2 billion and could be valued at $11.9 billion in the public markets. Affirm had already raised its price range in a securities filing Monday from between $33 and $38 to between $41 and $44. The company had initially planned to...
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The Takeaway Amazon
Why I Love and Fear Amazon Basics
Jeff Bezos this week wrote his final shareholder letter as he steps aside as CEO of Amazon. It is remarkable what he and the company have accomplished. I vaguely remember buying my first book on Amazon. Today, I buy…well, that brings me to the point of this week’s column. I recently realized that my kids’ whiteboard markers had run dry. I grabbed my phone and searched for...
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