JPMorgan’s WeWork IPO Pursuit Was Many Years and Loans in the Making Bank’s ties with WeWork include mortgages on CEO’s homes Bragging rights, hefty share of fees accompany IPO victory When WeWork Cos.’ Adam Neumann sits down with investment bankers, he’s known to casually mention one of his longtime financial advisers: JPMorgan Chase & Co. […]
Tag: EquityZen
EquityZen's Atish Davda on Yahoo Finance
This expert says WeWork shouldn’t present itself as a tech company for their IPO – EquityZen CEO Atish Davda sits down with Yahoo Finance’s Adam Shapiro, Julie Hyman, Brian Sozzi, and Jared Blikre to discuss what investors should consider for WeWork’s IPO.
EquityZen's Adam Augusiak-Boro on Cheddar
WeWork Acquires SpaceIQ Ahead of Planned IPO – As WeWork prepares for a September IPO, its reportedly looking to make an acquisition to satisfy prospective investors. Adam Augusiak-Boro, Senior Research Analyst at EquityZen, joined Cheddar to discuss why WeWork taking a tech angle may attract more initial investment.
EquityZen's Atish Davda on CNBC
EquityZen CEO on WeWork: Don’t see how WeWork goes from real… – Atish Davda, founder and CEO Of EquityZen, joins CNBC’s “The Exchange” to discuss WeWork ahead of its IPO debut.
EquityZen’s Adam Augusiak-Boro quoted in TheStreet
Slack Insiders Could Easily All Sell Now, but Here’s Why They Might Not In a typical IPO, insiders can’t sell shares for up to 6 months — but that isn’t the case with Slack’s direct public offering. Insiders made a pretty penny in Slack’s (WORK) direct listing this week. But what happens if long-term investors […]
EquityZen's Atish Davda quoted in The New York Times
Lyft and Uber Were Duds, but the I.P.O. Market Is Having a Great Year Uber and Lyft were the largest and most anticipated of the parade of highly valued tech companies to have gone public this year. They were also the biggest flops. Their struggles cast a shadow over the market and raised further questions […]
EquityZen's Atish Davda on Fox Business
Are investors too exuberant over the IPO market? – EquityZen CEO Atish Davda on the Slack IPO and the outlook for the IPO market.
EquityZen's Phil Haslett quoted in San Francisco Business Journal
Slack’s direct IPO gains 12 cents on first-trading day Jun 20, 2019, 1:22pm PDT Updated Jun 20, 2019, 5:55pm EDT Slack Technologies’ direct IPO opened strong Thursday morning, but was far from being a barn-burner during its first trading day, inching up only 12 cents between the opening price and its close. Read more here: […]
EquityZen's Atish Davda on CNBC
Here are the benefits of Slack going public as a direct listing – Stephan Paternot, Slated.com, and Atish Davda, Equity Zen founder and CEO, join “The Exchange” to discuss Slack going the route of direct listing instead of an initial public offering.
EquityZen's Adam Augusiak-Boro quoted in CBS Moneywatch
Slack, the workplace chat software with cult-like following, goes public Shares of the workplace software company Slack Technologies will be offered to the public for the first time Thursday. Trading has a target price set at $26 a share on the New York Stock Exchange under the ticker symbol “WORK.” About three-quarters of U.S. companies […]
EquityZen's Adam Augusiak-Boro quoted in Quartz
After Slack, the IPO market might never be the same The traditional initial public offering has lost its luster in Silicon Valley. Startups awash in billions of venture capital are pushing off the day as long as possible. Venture capitalists lament the “broken” IPO process. The average time for US technology companies to go public […]
EquityZen in San Francisco Business Times
Secondary markets hint at Slack’s IPO opening at this price Slack Technologies’ long-awaited direct IPO is expected to begin trading Thursday without the traditional markers of a pricing range or set IPO price prior to trading, but the secondary markets are expected to play a critical role in setting its opening price. Read more here: […]
EquityZen in BusinessInsider
Employees of unicorns are cashing out before their start-up goes public. It shows how rocky this year’s big IPOs have been. The struggles of Lyft and Uber since they’ve gone public have not been ignored by employees at other start-ups. While an IPO was once the way early employees at start-ups got big payouts, the […]
EquityZen in Bloomberg BusinessWeek
Slack’s Direct Listing Leaves Wall Street Fighting for Fees Banks can still make money when companies skip a traditional IPO, but the spoils go to a select few. Wall Street had good reason to be anxious last year when music streaming company Spotify Technology SA did a so-called direct listing, putting shares on the market […]
EquityZen in Bloomberg
One Theory Why Lyft, Uber IPOs Flopped: Special Purpose Vehicles SPV investors are locked up and looking for ways to hedge That’s fueled high levels of short selling, especially in Lyft The dismal debuts of Lyft Inc. and Uber Technologies Inc. sparked hand-wringing and a search for scapegoats. One theory gaining ground centers on the […]
EquityZen in CNBC
How Uber loses money – CNBC’s Dierdre Bosa and Atish Davda, EquityZen CEO, join ‘The Exchange’ to discuss Uber’s plan to go IPO on Friday and what they’re expecting to see.
EquityZen Infographic Data in NY Times
Uber Is Going Public: How Today’s Tech I.P.O.s Differ From the Dot-Com Boom When Uber begins trading on Friday, it will cap one of the largest ever tech I.P.O.s and join a crowd of big-name start-ups making their stock market debuts this year. Not since the dot-com boom have so many richly valued tech companies […]
Phil Haslett on Bloomberg
EquityZen’s Haslett on Uber IPO, Driver strike, Business Model – Phil Haslett, co-founder and chief revenue officer at EquityZen, discusses the strike today by Uber drivers around the world, the business model of the gig economy, how Uber can differentiate itself from Lyft and Uber’s Asian competitors. He speaks on “Bloomberg Markets: China Open.” (Source: Bloomberg)
Atish Davda quoted in The Wall Street Journal
Postmates Watching Uber’s Market Debut as It Prepares for Summer IPO Uber’s stock-market performance could have impact on competitors’ valuations Uber Technologies Inc.’s stock performance following its expected Wall Street debut Friday could have significance for a range of companies in ride-hailing, food delivery and other emerging transportation services. One of those is Postmates Inc., […]
Phil Haslett on Cheddar
Will Market Uncertainty Impact Uber IPO? – Phil Haslett, co-founder of EquityZen, explains why Friday isn’t the best day for Uber to make its public debut.
EquityZen CEO quoted in TheStreet.com
Uber’s IPO Is Around the Corner — But So Could Be a Case of IPO Fatigue Everyone wants to be the next Amazon, which lost money for years before finally turning a consistent profit in 2015. Is there a limit to our tolerance for money-burning tech firms? Another week, another crop of unicorn IPOs. That’s […]
EquityZen CEO, Atish Davda, on Fox Business
Lyft will eventually be profitable: EquityZen CEO – EquityZen CEO Atish Davda gives his take on Lyft and Uber.
Phil Haslett with Yahoo Finance on Lyft
Lyft officially begins trading – It’s official! Ride-hailing service Lyft started publicly trading today. Yahoo Finance’s Adam Shapiro, Julie Hyman, Brian Sozzi and EquityZen Co-founder Phil Haslett discuss.
EquityZen's Phil Haslett on Mornings with Maria
This will be a banner year for IPOs: EquityZen co-founder – EquityZen co-founder Phil Haslett on the Lyft IPO and the outlook for the IPO market.
EquityZen's Phil Haslett Quoted in CNN
Lyft is losing a lot of money. And it might not turn a sizable profit until 2023 Lyft waged an expensive war against Uber that enabled the upstart to steal market share and rapidly grow revenue. But Lyft is losing gobs of money — and it’s unlikely to turn a profit any time soon. The […]
EquityZen CEO Atish Davda joins Yahoo Finance to discuss Lyft IPO
Lyft pegs IPO valuation at up to $23B – Yahoo Finance Video March 18, 2019 – Ride-hailing service Lyft is reportedly seeking valuation between $21 and $23 billion in IPO. EquityZen CEO Atish Davda joins AEGIS Capital Managing Director Victor Anthony and Yahoo Finance’s Adam Shapiro and Julie Hyman to discuss.
EquityZen CEO, Atish Davda on Bloomberg Radio
Lyft Seeks Valuation Target Above Last Private Round (Radio) Atish Davda, CEO of EquityZen, on Lyft aiming for a valuation near $20 billion in its upcoming IPO. Hosted by Abramowicz and Paul Sweeney (Vincent Cignarella filling in for Paul Sweeney.) Running time 04:45
Atish Davda on Bloomberg Radio
2019 Will Be The Year Of Mega IPOs: EquityZen CEO Davda (Radio) Atish Davda, CEO of EquityZen, on the Lyft roadshow and upcoming IPOs. Hosted by Abramowicz and Paul Sweeney. Running time 06:24 – Play Episode
EquityZen on Bloomberg TV
EquityZen Is Seeing Strong Demand for Unicorn IPOs, CEO Says – Atish Davda, EquityZen Inc. chief executive officer, discusses the IPO landscape for 2019 with Bloomberg’s Joe Weisenthal, Caroline Hyde and Romaine Bostick on “Bloomberg Markets: What’d You Miss?” (Source: Bloomberg)
EquityZen's Phil Haslett on Yahoo! Finance
Why do companies go public? – Yahoo Finance Video – Pinterest confidentially files for an IPO. But what does this mean exactly? EquityZen founder, Phil Haslett, joins the show to talk more on IPO’s and the 2019 outlook.