Home Tags Unicorn

Tag: Unicorn

Philip Krim, CEO of online mattress vendor Casper, which priced its initial public offering on Wednesday.

Casper prices its IPO at $12 a share, giving it a valuation of $490 million, confirming that it’s no longer a unicorn

The company will raise as much as $115 million in the offering, before fees, which is far less than it was expecting.

Casper CEO’s obsession with a $1 billion ‘unicorn’ valuation reportedly derailed 3 potential buyouts

Philip Krim's price tag for his online mattress seller may have put off Target, Tempur Sealy, and Serta Simmons.
Stewart Butterfield cofounder and chief executive officer of Slack, and Allen Shim, chief financial officer of Slack, ring the opening bell of the New York Stock Exchange.

The SEC is reportedly investigating how Slack and other tech unicorns were opened for trading on their first day as public companies

The probe is focusing in particular on how trading was handled on the first day the company went public, a report from The Wall Street Journal says.
SoftBank CEO Masayoshi Son

SoftBank’s Vision Fund has already had another difficult week, and this time it’s got nothing to do with WeWork

Investors are beginning to question SoftBank's investments, even as business executives depart their SoftBank-backed companies.
Salesforce founder and CEO Marc Benioff.

Ousted WeWork CEO Adam Neumann ‘is a great entrepreneur,’ says Salesforce CEO Marc Benioff

Marc Benioff has been warning for years that unicorns are prone to governance issues. But he's standing in support of WeWork's Neumann.

Airbnb reportedly opts for direct listing over traditional IPO ahead of 2020 market debut

A direct listing would keep the home-share company from paying a partnering bank millions of dollars in IPO-related fees.

Grab is setting up a second HQ in Jakarta – and calls itself ‘an Indonesia-focused’ company

The Indonesia HQ will be GrabFood's head office and house the company's "rapidly growing" R&D centre in Jakarta, Grab said.

Singapore’s newest unicorn is a tech firm founded in Israel: here’s why shops and supermarkets like it

It now joins the ranks of Singapore's other unicorns like Razer, Sea, and Lazada.

PetSmart’s Chewy raises $1 billion in its upsized IPO, becoming the latest money-losing company to go public

PetSmart subsidiary Chewy upsized its IPO on strong demand, and will trade under the ticker CHWY. It's the latest money-losing unicorn to go public.