OnlyFans, the subscription-based social platform, has spoken with several blank check companies known as SPACs about a merger to take it public, Axios reported , citing sources. Last year, the company tried to raise outside funding from investors, but struggled due to its reputation for adult content, Axios previously reported . OnlyFans’ popularity skyrocketed during the pandmic. The...
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DoorDash Should Buy Instacart Now
Instacart’s stock price performance so far brings to mind a variation on the old line about love: Is it better to have gone public and lost, or never to have gone public at all? The shares fell 9% on Monday to $26.96, 10% below its IPO price, following our scoop that the Wall Street analysts at the banks underwriting the offering are projecting a severe slowdown in Instacart’s growth in the...
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