Remove Concentration Remove Startups Remove Valuation
article thumbnail

China's Central Bank Tells Ant Group To Concentrate On Payments Business

PYMNTS

The regulations will mean that Ant, one of the most valuable startups in the world, will have to rein in its inroads into lucrative areas of business. The diminished scale could affect Ant's profit potential and market valuation if it attempts to go public again.

article thumbnail

eCommerce Company Wish Files Paperwork To Go Public

PYMNTS

Wish’s filing follows a number of startups, including Snowflake, Palantir Technologies and Asana, seeking opportunities amid a crush of investors, Reuters reported. Led by General Atlantic, a New York growth equity firm, the round boosted Wish’s valuation to $11.2

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

At the Money: Finding Overlooked Private Investments

Barry Ritholtz

She has been an early investor in companies that went public such as FIGS, Casper, and CloudFlare, as well as startups like Gimlett and Lightwell, that were later acquired by Spotify and Twitter. Soraya Darabi : About half the time VC firms are concentrated into three metropolitan areas, California, New York, and Massachusetts.

article thumbnail

Hot Affirm IPO Points To Rising Competition And Demand In BNPL Segment

PYMNTS

The concept of installment loans is hardly new, having been around for decades, but the ease and clarity with which these payment alternatives are now being offered by Affirm and other startups like it is unprecedented. As of September 30, 2020, more than 6.2 million consumers have completed approximately 17.3

article thumbnail

eCommerce Company Wish Files Confidential Paperwork To Go Public

PYMNTS

Wish’s filing follows a number of startups, including Snowflake, Palantir Technologies and Asana, seeking opportunities amid a crush of investors, Reuters reported. Led by General Atlantic, a New York growth equity firm, the round boosted Wish’s valuation to $11.2

article thumbnail

Grab CEO: No IPO Until Business Shows Profits

PYMNTS

Grab had a $14 billion valuation in March and in 2018 acquired Uber’s share of the Southeast Asia market. The startup is also planning to earmark $150 million for additional research into artificial intelligence (AI). Tan said Grab is concentrating on its customers’ most immediate needs. “We The sale gave Uber a 23.2

article thumbnail

VCs To Hunt In Barren Fields?

PYMNTS

The fact remains that venture capital firms are in the midst of raising money at a level not seen in a decade and a half, and yet, as The Wall Street Journal noted this week, the valuations of some of the highest fliers in the land of startups have started to move back toward earth, which brings to mind Icarus and the sun.