Posts filtered by tags: ` IPO[x]


 

Monster Energy Loses Trademark Opposition As UK IPO Mentions That The Letter 'M' Isn't Distinctive (techdirt)

Monster Energy: is there no trademark opposition they can't lose? The drink company, which might be more well known at this point for its trademark bullying than its beverages, has been handed loss after loss after loss after loss in trademark oppositions to everything from industrial paint manufacturers to the NBA and on to other beverage companies. Why the company spends so much time opposing trademarks is literally anyone's guess, but the losses all amount to the complete lack of potential co...
Tags: UK, News, Ipo, Eu, Monster Energy, Nba, Timothy Geigner, Marchington, Robert Marchington, Machington


Toshiba Memory IPO likely pushed back two months to November: Reuters

TOKYO (Reuters) – U.S. buyout firm Bain Capital is likely to push back the IPO of Toshiba Memory by around two months, a person with knowledge of the matter said on Wednesday, moving to November what is likely to be one of Japan’s biggest listings this year. Depending on market conditions, the timing could be further pushed as far back as summer 2020, the person said on condition of anonymity, without elaborating on reasons for the initial two-month change. Toshiba Memory is the world’s second-l...
Tags: Japan, Ipo, Trends, IPOs, Tokyo, Bain Capital, Bain, Reuters, Toshiba Corp, Nomura, Jiji, SK Hynix Inc, Toshiba Memory, Toshiba Memory IPO, Mitsubishi UFJ Morgan Stanley


Spotify rival Tencent Music posts maiden quarter loss of $130M on one-off costs

Tencent Music Entertainment Group, the Chinese answer to Spotify that Tencent spun out and floated on the New York Stock Exchange in December, reported a net loss of 876 million yuan ($127 million) in its first set of quarterly results since going public. The loss, which TME forecasted in its prospectus filed ahead of the IPO, is mainly due to a one-off 1.52 billion yuan ($221 million) share-based charge related to equity issuance to label partners Warner Music Group and Sony Music Enterta...
Tags: Spotify, China, Ipo, US, Tech, Beijing, Alibaba, Sony, Tencent, Warner Music, Warner, New York Stock Exchange, Sony Music Entertainment, Reuters, Warner Music Group, Universal Music Group




Ride-hailing firm Lyft launches IPO road show in Uber’s shadow: Reuters

(Reuters) – Lyft Inc kicked off the investor road show for its initial public offering on Monday, targeting a valuation of up to $23 billion and seeking to woo money managers before larger ride-hailing rival Uber Technologies Inc goes public in April. The IPOs of Lyft and Uber represent a watershed for Silicon Valley’s technology unicorns, which for years have snubbed the stock market in favor of raising capital privately, with investors happy to back their frothy valuations. The market rally of...
Tags: Lyft, New York, Ipo, Boston, San Francisco, Trends, United States, Silicon Valley, West Coast, Jefferies, Zimmer, Logan Green, John Zimmer, Reuters, Renaissance Capital, Uber Technologies Inc


General Catalyst just carved out an aggressive new seed-stage program — here’s what to know

General Catalyst is diving more seriously into the business of funding seed-stage startups. To wit, the venture firm is announcing today that it plans to invest at least $25 million each year in nascent teams that “can’t be too early” for the firm to see, according to Katherine Boyle, an investor with the firm who will be spearheading the effort with two other colleagues: Niko Bonatsos and Peter Boyce, who cofounded and continues to help oversee Rough Draft Ventures, a student-focused program fu...
Tags: TC, Ipo, Tech, Venture Capital, Reid Hoffman, Andreessen Horowitz, Sequoia Capital, General Catalyst, Greylock, Sequoia, Marc Andreessen, Bryan Schreier, Boyle, Boyce, Niko Bonatsos, Katherine Boyle


Lyft looks to raise up to $2.1 billion in year’s biggest U.S. IPO

Lyft is seeking to raise as much as $2.1 billion in its initial public offering, valuing the firm at almost $20 billion. The No. 2 U.S. ride-hailing giant is offering 30.8 million shares at $62 to $68 each, it said in a regulatory filing Monday. At the top of that range and including a potential overallotment of shares to investors the market valuation would reach $19.6 billion, based on the total numbers of shares outstanding after the IPO as detailed in the filing. At the targeted range, the S...
Tags: Lyft, Uber, Business, Ipo, Uncategorized, San Francisco, Sport, Soccer, SEC, Logan Green, John Zimmer, U S Securities Exchange Commission, Uber Technologies Inc, Slack Technologies Inc, Nasdaq Global Market, Snap Inc


Ride-hailing firm Lyft launches IPO road show in Uber's shadow

Lyft Inc kicked off the investor road show for its initial public offering on Monday, targeting a valuation of up to $23 billion and seeking to woo money managers before larger ride-hailing rival Uber Technologies Inc goes public in April.
Tags: Lyft, Money, Ipo, businessNews, Uber Technologies Inc, Lyft Inc


Daily Crunch: Apple updates the iPad Mini

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Apple launches new iPad Air and iPad mini The company is (finally) updating the iPad mini and adding a new iPad Air. This model sits between the entry-level 9.7-inch iPad and the 11-inch iPad Pro in the lineup. All new models now support the first-generation Apple Pencil — but not the new Apple Pencil ...
Tags: Apple, Ipad, TC, Facebook, Lyft, Ipo, Tech, New Zealand, Apple Pencil, Angelica Ross, Daily Crunch, Mia Garlick


Ride-hail firm Lyft launches IPO road show in Uber's shadow

Lyft Inc on Monday kicked off the investor road show for its initial public offering (IPO), seeking to woo money managers before its bigger ride-hailing rival Uber Technologies Inc makes its stock market splash in April.
Tags: Lyft, Money, Ipo, businessNews, Uber Technologies Inc, Lyft Inc


Lyft is seeking a valuation of up to $23 billion as it embarks on its IPO road show (LYFT)

Lyft is seeking a valuation of up to $23 billion as it embarks on its initial-public-offering road show this week. The company wants to raise as much as $2 billion from the road show, it said in an updated filing.  Lyft is the first ride-hailing firm to go public and is expected to spark a slew of tech IPOs this year. Lyft will launch the investor road show for its initial public offering on Monday, seeking a valuation of up to $23 billion, the ride-hailing firm said Monday. The ride-hailing ...
Tags: Lyft, Uber, Europe, Ipo, Russia, Southeast Asia, New York City, US, Trends, United States, Travis Kalanick, Wall Street Journal, Securities And Exchange Commission, Logan Green, John Zimmer, Reuters


Lyft Aims for Valuation Near $20 Billion in Biggest U.S. IPO

The No. 2 U.S. ride-hailing giant is offering 30.8 million shares at $62 to $68 each, it said in a regulatory filing Monday. At the top of that range and including a potential overallotment of shares to investors the market valuation would reach $19.6 billion, based on the total numbers of shares outstanding after the IPO as detailed in the filing. At the targeted range, the San Francisco-based company’s offering will be the biggest from a tech upstart since Snap Inc. went public two years ago...
Tags: Science, Ipo, San Francisco, Snap Inc, Lyft Aims for Valuation Near, Biggest U S IPO


Give Us 5 Minutes, We’ll Give You What You Need to Know about Venture Capital for your Startup

2018 broke historic records in the world of venture capital — investors made more money, megafunds increased significantly and businesses sold for more than ever. I’m proud to say that my first company, Wordstream, was among the big ticket acquisitions — I started it back in 2007 and last year I sold it to Gannet (the largest newspaper publisher in the U.S.) for $150 million. Want to get in on the action? Build a unicorn company, get investors, keep building, and one day you can have a 9-figure...
Tags: Facebook, Ipo, Softbank, US, Sales, Venture Capital, Anaplan, Tiger Global, CVC, WordStream, Moderna Therapeutics, VC & Angel Capital, PitchBook NVCA, Latest Venture Capital Trends


Lyft sets $62-68 price range for its IPO to raise up to $2.1B, will trade as LYFT on Nasdaq

Ride-sharing startup Lyft, as expected, announced this morning that it is kicking off the roadshow for its IPO — setting the clock ticking for its IPO likely in around two weeks. Around that, it also filled in some more details. The stock will trade as “LYFT” on Nasdaq, and the IPO range is currently set for between $62 and $68 per share to sell  30,770,000 shares of Class A common stock, the company said, raising up to $2.1 billion at the higher end of that range, or $1.9 billion at the lower e...
Tags: TC, Transportation, Lyft, Finance, Ipo, Tech, Nasdaq, Logan Green, Ride-sharing, John Zimmer, KeyBanc Capital Markets Inc


Italian payments firm Nexi pushes on with IPO plan: Reuters

MILAN (Reuters) – Italian payments firm Nexi began proceedings on Monday for an initial public offering on the Milan stock exchange, in what would be one of the biggest listings in Europe this year. Nexi’s private equity owners – Bain Capital, Advent and Clessidra – are aiming to raise between 600 and 700 million euros in fresh cash for the company, as well as listing part of their existing stake. Sources told Reuters in February the advisers are targeting an overall valuation of around 8 billio...
Tags: Europe, Milan, Ipo, Trends, IPOs, Worldpay, Reuters, Clessidra, Mediobanca, Fidelity National Information Services Inc, Bain Capital Advent, Nexi, U S fintech


Lyft is seeking a valuation of up to $23 billion as it embarks on its IPO roadshow

Lyft is seeking a valuation of up to $23 billion as it embarks on its IPO roadshow this week, according to Reuters and The Wall Street Journal. The company wants to raise as much as $2 billion from the roadshow. Lyft is the first ride-hailing firm to go public and will spark a slew of tech IPOs this year. Ride-hailing platform Lyft will launch the investor roadshow for its initial public offering on Monday, seeking to raise as much as $2 billion and to be valued at more than $20 billion, acco...
Tags: Lyft, Uber, Europe, Ipo, Russia, Southeast Asia, US, Trends, United States, Wall Street Journal, Journal, Logan Green, John Zimmer, Reuters, Toyota Motor Corp, North America Lyft


Lyft’s imminent IPO could value the company at $23B

Ridehailing firm Lyft will make its Nasdaq debut as early as next week at a valuation of up to $23 billion, The Wall Street Journal . The business will reportedly price its shares at between $62 and $68 a piece, raising roughly $2 billion in the process. With a $600 million financing, Lyft was valued at $15.1 billion in June. Lyft filed paperwork for an initial public offering in December, mere hours before its competitor Uber did the same. The car-sharing behemoths have been in a race to th...
Tags: TC, Lyft, Uber, Ipo, San Francisco, Tech, General-motors, Companies, Transport, Fidelity, The Wall Street Journal, Andreessen Horowitz, Rakuten, Initial Public Offering, Online Marketplaces, Alphabet


Lyft to launch road show for up to $2B IPO: Sources

Lyft will meet with investors across the United States before pricing the IPO and listing on the Nasdaq at the end of the month.
Tags: Finance, Ipo, Article, United States, Reuters, FBN, Fbn/markets, Fox-business/markets, Fox-business/markets/stocks, Fox-business/industries/transportation, Fox-business/markets/wall-street, Fox-business/markets/ipos, 61fd5f68-69b5-5d22-983e-402483d37a14


Why SAP CEO Bill McDermott signs his emails 'XO, Bill' since buying Utah startup Qualtrics for $8 billion cash (SAP)

If you get an email from SAP CEO Bill McDermott these days, you'll see him sign it "XO, Bill." But he's not sending hugs and kisses. He's reminding his people why he spent $8 billion cash to buy Utah software company, Qualtrics, last fall and facing down criticism that price he paid was too high.  McDermott recently outlined the virtues of the deal just as SAP began handing out pink slips worldwide.  These days SAP CEO Bill McDermott signs his emails. "XO, Bill," he tells Business Insider. Bu...
Tags: Apple, Amazon, Facebook, Europe, Utah, Instagram, Microsoft, Steve Jobs, Ipo, Trends, ERP, Salt Lake City, Deloitte, Bill, Smith, Sap


State-run e-commerce firm MSTC's IPO fully subscribed

Indian state-run e-commerce firm MSTC Ltd's listing was fully subscribed on the final day of its initial public offering, stock exchange data showed on Friday.
Tags: Money, Ipo, businessNews, MSTC, MSTC Ltd


Pi Day wasn’t pleasant for a lot of tech execs

Pi Day is apparently New Job day for tech execs and VCs these days. Leaving: Lee Fixel It’s not every day that one of the top VC investors heads out from their shop. TechCrunch’s @cookie aka Connie Loizos has the story: Lee Fixel, the low-flying head of Tiger Global’s private equity business, is leaving at the end of June, the firm announced today in a letter sent to clients and seen by Reuters . Scott Shleifer and Chase Coleman will continue as co-managers of the portfolios Fixel has oversee...
Tags: Google, Facebook, Asia, Finance, Ipo, India, Softbank, Digital, America, Tech, Tesla, Walmart, Harvard, United States, Credit Suisse, Korea


Bio Roundup: Golumbeski’s Legacy, CRISPR Moratorium, Rebate Week & More

While all eyes in the biopharmaceutical world are currently trained on Bristol-Myers Squibb’s proposal to buy Celgene for $74 billion, it wasn’t that long ago that another company’s gaze was fixed on the Summit, NJ, drug maker.In the early 2000s, before the FDA approved Celgene’s flagship multiple myeloma drug lenalidomide (Revlimid), Novartis (NYSE: NVS considered buying the company. It passed, unwilling to risk billions on an unapproved drug. Those details came from biopharma dealmaker George...
Tags: Deals, Startups, China, Ipo, Cancer, Trends, Investing, Merck, Colorectal Cancer, Multiple Sclerosis, Harvard University, Health Insurance, Astrazeneca, Center For Medicare And Medicaid Services, Fda, National


Uber will reportedly file for IPO next month

Uber, on the heels of Lyft’s official documentation for its initial public offering, is expected to file its S-1 in April, Reuters reports. Uber, in December, filed confidential paperwork for its IPO. Uber will also reportedly kick off its IPO roadshow next month. As part of its offering, . About a month ago, Uber reported $3B in Q4 2018 revenues with net losses of $865 million. That figure, however, was aided by a tax benefit that saved the company from reporting a $1.2 billion net loss ...
Tags: Startups, Transportation, Lyft, Uber, Ipo, Reuters, IPO Uber


HotelTonight, Slack stakeholder Accel stays on top with $2.5B fund

Invest early and stand by your bets. Don’t buy logos or chase unicorns. That’s the Accel philosophy. At 35 years old, it has served them well, bagging the firm dozens of high-profile exits, including nine IPOs and 12 acquisitions in the last four years. Now, sources confirm to TechCrunch, the respected venture capital firm has nabbed $2.525 billion — its largest pool of capital yet — for three new funds: $525 million for its fourteenth early-stage fund, $1.5 billion for its fifth growth fund ...
Tags: Amit Kumar, Ipo, San Francisco, Tech, Airbnb, HotelTonight, Stewart Butterfield, Bengaluru, Menlo Ventures, Kleiner Perkins, Forerunner Ventures, Andrew Braccia, Accel, Bessemer Venture Partners, Battery Ventures, Insight Venture Partners


Lyft’s second head of diversity wants to take a more holistic approach

IPO-bound Lyft has employed a head of diversity and inclusion before, but this time, the person in this role has a more holistic mission. Today, Lyft is announcing Monica Poindexter, formerly Facebook’s global head of diversity business partners, has joined the company to lead the transportation company’s inclusion and diversity efforts. “I’m in a unique role and have an opportunity to help the organization look at diversity more holistically and look at it through the lens of talent, workfor...
Tags: Travel, Facebook, Lyft, Ipo, John, Logan Green, John Zimmer, Logan, Poindexter, Uber Facebook, Tariq Meyers, Nilka Thomas, Monica Poindexter, Google Meyers


Korean e-commerce unicorn Coupang hires Walmart’s former global chief compliance officer

Coupang, the unicorn that is defining e-commerce in Korea, announced today that it has hired Jay Jorgensen, Walmart’s former global chief ethics and compliance officer, to serve as its general counsel and chief compliance officer. Jorgensen will relocate to Seoul for the position. Founded in 2010, with a total of $3.4 billion raised from investors including SoftBank and a valuation of $9 billion, Coupang currently operates only in Korea, where it is the largest e-commerce player, but has offices...
Tags: Amazon, Startups, TC, Ecommerce, Asia, Supreme Court, China, Ipo, Softbank, Walmart, Amazon Prime, United States, Shanghai, Alibaba, Korea, Seoul


En route to an IPO, Ebix puts in a bid to buy Yatra

US software company Ebix has offered to acquire 100% of the outstanding stock of travel company Yatra Online. Ebix, which provides software services for financial, healthcare, and insurance companies, intends to merge Yatra with its Indian EbixCash subsidiary. Ebix’s offer (made on March 11) for... ...
Tags: Travel, Mobile, News, Internet, Ipo, US, Ebix, Yatra, Online Travel Agency, Mergers And Acquisition, Yatra Online Ebix


X4 Completes Reverse Merger with Arsanis, Looks Ahead to Phase 3 Test

X4 Pharmaceuticals is the latest biotech to join the public markets, but it didn’t follow the IPO path to get there.Cambridge, MA-based X4 said Wednesday that it completed its “reverse merger” with Arsanis (NASDAQ: ASNS). Such business combinations enable a privately held company to go public by merging with a publicly traded business. Shares of the new X4 are set to begin trading on the Nasdaq exchange Thursday under the stock symbol “XFOR.”X4 is developing drugs that target the CXCR4 pathway,...
Tags: Deals, Drugs, Ipo, Boston, Trends, Cambridge, Biotech, Nasdaq, Life Sciences, Genzyme, National blog main, Boston blog main, Boston top stories, National Organization for Rare Disorders, X4 Pharmaceuticals, X4


Uber hires more IPO underwriters as it prepares to go public: Reuters

(Reuters) – Ride-hailing startup Uber Technologies Inc has hired a string of investment banks to its syndicate of initial public offering underwriters, as it ramps up preparations for a stock market debut, people familiar with the matter said on Tuesday. Smaller rival Lyft Inc is racing to list in the stock market at the end of March. While Uber will not beat Lyft to an IPO, the preparations are aimed at giving it the flexibility to go public as early as the first half of 2019, the sources said....
Tags: Lyft, Uber, Ipo, Trends, IPOs, Deutsche Bank, Morgan Stanley, Reuters, Goldman Sachs Group Inc, JMP Securities, U S Securities and Exchange Commission, Uber Technologies Inc, Lyft Inc, Bank of America Barclays Citigroup, Uber Allen Company, Dealogic Like Lyft Uber


Uber Adds Several Banks to Lineup of IPO Underwriters

The ride-hailing company, which could be valued at as much as $120 billion in an IPO, is working with Bank of America Corp., Barclays Plc, Citigroup Inc. and Allen & Co. on preparations for the public listing, said the people, who asked not to be identified as the details aren’t public. The banks join Morgan Stanley, which will lead the IPO for Uber, as well as Goldman Sachs Group Inc., the people said.
Tags: Science, Ipo, Morgan Stanley, Goldman Sachs Group Inc, Allen Co, Bank of America Corp Barclays Plc Citigroup Inc