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Topic: markets
 

Tech IPO Mania? Not So Fast.

By Jessica E. Lessin · Oct 20, 2018 9:15 AM PDT

In recent weeks, Lyft has hired J.P. Morgan, Credit Suisse and Jefferies to lead its IPO and bankers are circling Uber, wooing them with predictions of a $120B market valuation—nearly twice its current private market price. Palantir, Postmates, and even eventually Pax, are contemplating IPOs too, several outlets, including WSJ, Reuters and The Information have reported.

With all these ...

The Index Token Debate

By Jon Victor · Oct 03, 2018 12:41 PM PDT · 1 comment

One headline from the past week stands out among the rest: Coinbase could be raising more money. The company is said to be in talks to raise up to $500 million from Tiger Global at a valuation of $8 billion. Although Coinbase was thought to be turning away investors earlier this year, it seems the crypto company has come around to the idea of accepting a cash infusion.

Coinbase’s smaller ...