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Last spring, Advertisement In the 20 years since its founding, the secretive, tech-focused investment manager has had a stellar track record under the billionaire Philippe Laffont. But the "tiger cub" usually demurred when it came to discussing business publicly. In May 2019, though, two Coatue execs spoke for nearly 45 minutes to a crowd of data-science wonks at Domino Data Lab's Rev conference. What compelled Coatue to pull back the curtain? Advertisement The firm had announced in an investor letter a few months earlier that it was raising several hundred million dollars to launch its firs...

IPO frenzy goes into overdrive - Inside Coatue's short-lived quant fund - Blackstone TV Meredith MazzilliDec 12, 2020, 21:02 IST Blackstone cofounder and CEO Stephen Schwarzman.Reuters/Shannon Stapleton Happy Saturday! It was a wild week for IPOs. Now, one company is taking a time out. Roblox is delaying its initial public offering until next year after the video game maker decided it would be too difficult to price its shares, the Wall Street Journal reported on Friday night. We took a look at what's been driving the IPO rush and enormous pops in early days of trading for big names like A...

The Airbnb logo is displayed on the Nasdaq digital billboard in Times Square in New York on December 10, 2020. - Home-sharing giant Airbnb was set for its Wall Street debut Thursday with a whopping $47 billion valuation amid a feverish rush for new shares in companies adapting to lifestyle changes imposed by the coronavirus pandemic. (Photo by Kena Betancur / AFP) (Photo by KENA BETANCUR/AFP via Getty Images) KENA BETANCUR/AFP via Getty Images From Dakin Campbell: In April, just weeks after the raging coronavirus pandemic threa...

IPO frenzy goes into overdrive - Inside Coatue's short-lived quant fund - Blackstone TV mmazzilli@businessinsider.com (Meredith Mazzilli) Happy Saturday! It was a wild week for IPOs. Now, one company is taking a time out. Roblox is delaying its initial public offering until next year after the video game maker decided it would be too difficult to price its shares, the Wall Street Journal reported on Friday night.  We took a look at what's been driving the IPO rush and enormous pops in early days of trading for big names like Airbnb and DoorDash. From Alex Morrell:  Not since...