With Funding Down 70%, Here's What Fintech's High Flyers Are Worth Now
The estimated value of 11 leading private fintech startups shows declines as high as 79%. But a few have started to recover.
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The estimated value of 11 leading private fintech startups shows declines as high as 79%. But a few have started to recover.
If secondary buyers aren't buying shares at more than a $5 billion valuation, it wouldn't be wise for Reddit to price its IPO above that.
IPO discourse has always been messy and prone to extremes, but it’s time to rethink some of the language we’re using.
The tepid U.S. market for IPOs, which has been battered by rising interest rates and other challenges, shows little sign of strengthening heading into 2024—despite intense interest in AI companies.
Sam Altman's sudden dismissal and rehiring whipsawed demand for OpenAI's shares, underscoring the inherent risks of investing in private-market shares.