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Latest News | Traceable AI Raises USD 60 Million from Institutional Venture Partners, Others

Get latest articles and stories on Latest News at LatestLY. IT security startup Traceable AI on Tuesday said it raised USD 60 million, about Rs 460 crore, in a funding round led by Institutional Venture Partners.
Latest News | Traceable AI Raises USD 60 Million from Institutional Venture Partners, Others. ....

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IPOs Had a Crazy Week. 9 Things Investors Need to Know


It was already a great year for IPOs, but this past week took things to an entirely new level.
DoorDash
(ticker: DASH) and
Airbnb
(ABNB) started the week as private companies last valued at a combined $34 billion. They ended the week as public companies together worth nearly $170 billion. The initial public offerings capture how Covid-19 has fundamentally shifted the economy and the financial markets.
Here’s what we learned from the historic week.
Growth Is the New Value: Investors are desperate for growth, and they don’t care what it costs.
Snowflake
(SNOW) is growing 100% a year, a level it can’t possibly sustain. The data warehousing stock has tripled since its own IPO in September, and it’s trading at 100 times next year’s projected revenue, a figure that’s tough to justify. ....

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