"If a venture capital investor wants to burn cash they can do that as long as they want, but once you get to the public markets, you have to show profitability or a path to it," said Mr Jordan Stuart, a portfolio manager at Federated Kaufmann who often purchases companies' shares during an IPO.
Only about a fifth of IPOs have ended their first day of trading in the red in the last two years, according to Dealogic data.
Source: Digital Coin News (digitalcoinnews.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SoftBank Group shares tumble as Uber prices IPO at lower endShares in Japanese conglomerate SoftBank Group Corp tumbled 5.5per cent on Friday, a day after one of its biggest tech bets, Uber Technologies, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Uber drivers eye IPO riches, call for strike in US and UKSome Uber Technologies Inc drivers in the United States and Britain said they will strike on Wednesday, protesting what they call low pay a day ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Eyeing IPO riches, Uber drivers go on strike in UK ahead of US actionLONDON: Uber drivers in Britain started a day of transatlantic strikes on Wednesday (May 8) to protest at the disparity between gig-economy ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
As IPO looms, Uber clings to hard-knuckled tactics in pursuit of growthUber co-founder and former CEO Travis Kalanick used to tell investors he liked to keep his company teetering between order and chaos.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Lyft shares hit record low, piling pressure on Uber ahead of IPOLyft Inc's stock slumped more than 9per cent on Wednesday to a record low after the ride-hailing company posted a deep quarterly loss, putting ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Eyeing IPO riches, Uber drivers go on strike in UK and USSome Uber Technologies Inc drivers in the United States and Britain said they will strike on Wednesday, protesting what they call low pay a day ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Why you should root for the Uber IPO to failUBER'S initial public offering (IPO) is yet another chance for Uber and its detractors to sell their competing ideas of what this company represents. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Uber IPO: China, Russia and the Middle East are biggest winnersIN 2015, Uber Technologies went on a fundraising spree in China, tapping venture capitalists and state-backed corporations for cash and connections to try and navigate the Chinese regulatory environment. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Uber to price blockbuster IPO against grim market backdropUber Technologies Inc will price its initial public offering on Thursday, the most high-profile U.S. listing since Facebook Inc seven years ago, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Uber drivers go on strike in London and New York ahead of IPO, early protests sparseLONDON/NEW YORK: Uber drivers in London and New York started a series of multi-city strikes on Wednesday to protest the disparity between ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Uber, Lyft drivers in US strike as Uber poised to go publicNEW YORK: Thousands of Uber and Lyft drivers turned off their apps in a US-wide strike Wednesday (May 8) over pay and working conditions, casting ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »