Business & Tech SF-Based Instacart Goes Public In First Big Tech IPO In Two Years Instacart had its initial public offering today, landing on the NASDAQ exchange under the stock symbol "CART." The IPO raised $660 million, with shares popping 43% in initial trading, temporarily giving the company a valuation of $14 billion.
Business & Tech Instacart Calls Off Its Planned IPO, as Tech Stocks Are Tanking Across the Board A much-ballyhooed Instacart IPO has been put on the shelf, as tech companies that boomed during the pandemic are now suffering a cruel correction.
SF News DoorDash Founders Become Billionaires After Company Goes Public On Wednesday, the San Francisco-based food delivery app offered its first IPO — which, in just a day's time, has made its three co-founders overnight billionaires.
SF News SF-Based DoorDash Planning IPO as Revenue Doubles to $1.9B This Year After clearly waiting for Proposition 22 to pass in California, DoorDash has put in motion plans to go public after filing papers that signaled its intent to do so on Friday.
SF Politics IPO Tax Axed From The November Ballot Tech companies with IPOs this year are off the hook as Sup. Eric Mar is nixing his own effort to put a stock-based IPO payroll tax before San Francisco voters this year.
Business & Tech Uber Drivers Plan Strike Ahead Of IPO Uber drivers are planning to strike in seven cities on May 8, which may be right around the time the company has its big IPO day on Wall Street. The drivers are demanding better pay, benefits, and transparency around their wages.
SF News SF Hedge Fund Accused Of Selling Fake Pre-IPO Uber Shares, Spending Investors' Money At Strip Clubs A San Francisco hedge fund has been accused of defrauding investors out of millions of dollars, with its CEO and a colleague spending their ill-gotten gains at strip clubs, casinos, and sporting events.
SF News Uber CEO: IPO Currently Planned For Never Because Market Is 'Irrational' Marc Benioff, billionaire philanthropist and noted unicorn skeptic, said last year that “The unicorn mania that’s going on, that’s dangerous for our Silicon Valley economy." As opposed to crazytalk private investments
SF News Square's Dismal IPO Perceived As Referendum On Unicorn Brethren Jack Dorsey developed Square's signature card reader and made waves in the mobile payments world after he was removed from Twitter in 2008. It's been a rocky ride since, but as the Verge
SF News [UPDATES] Twitter Opens On New York Stock Exchange At $45.10 [UPDATE BELOW] Twitter is about to go public on the New York Stock Exchange (which opens at 9:30 a.m. Eastern/6:30 a.m. Pacific time). Shares are priced at $26,
SF News Protest Planned At Twitter Headquarters On IPO Day In an effort to "call attention to corporate tax breaks and the tech company’s role in the San Francisco eviction crisis," a protest will take place outside Twitter headquarters on Thursday to
SF News Mayor Ed Lee To Walk MidMarket This Morning Talking Twitter IPO Twitter's initial public offering is set to happen as early as this Thursday. It's also set to make some people rich and some people unhappy. Naturally. In an effort to sooth concerns on
SF News Facebook Names A Price: $38 Per Share Facebook will unleash its historic initial public offering at $38 a share. Billed as the largest internet IPO in history, the deal should garner the social networking mammoth around "$16 billion in proceeds,
SF News Berkeley-Based Annie's, Makers Of Delicious Cheddar Bunnies, Debuts IPO The fine folks at Berkeley-based Annie's are enjoying a huge jump after their trading debut this morning. Annie's makes a slew of organic treats, including the superior-to-Pepperidge-Farm-Goldfish (debate amongst yourselves in the comments,
SF News Yelp Stock More Than Doubles After IPO Yelp co-founder and CEO Jeremy Stoppelman rang the opening bell of the New York Stock Exchange Friday morning as Yelp's sparkling IPO debuted. Shares of the stock climbed as astounding 61 percent to
SF News Facebook IPO: Graffiti Artist David Choe Stands To Score $200 Million When Facebook stock publicly trades later this year, scads of people will turn into billionaires and millionaires seemingly overnight. One person who stands to gain an estimated $200 million is graffiti artist David
SF News It Happened: Facebook Files for IPO As expected, Facebook filed for its initial public offering today and the numbers are big: The securities filing places the social network's value somewhere between $75 billion and $100 billion, according to the
SF News Facebook IPO Could Come Next Week; Investors To See Ridiculous Windfall Over the next few days, Facebook could file an IPO. Raising as much as $10 billion at a valuation anywhere between $75 billion to $100 billion, it stands to be "one of the
SF News Yelp Finally Going Public, Files for IPO Yelp, the locally based creative outlet for many a bored foodie, is finally going public. After turning down a $500 million buyout from Google last year, the local reviews site has filed for
SF News Hahaha: Zynga CEO Wants Employees to Return Stock Zynga CEO Mark Pincus is funny. Why? Well, according to the Wall Street Journal, he wants his early employees to return some of the stock they own before the company's initial public offering.
