Morning Report: Trading Beneath IPO Price At Record Lows, Snap Remains Expensive
Snap is having the sort of day that many didn’t think it would ever have, let alone so quickly. And it isn’t alone among unicorns. That’s about as bad news as can be for those in favor of more startup liquidity.
Morning Report: Blue Apron Opens Up A Disappointing 6% After Basement Pricing, Down-IPO
Today was an awful morning for IPOs, but, hey, Blue Apron is now a public firm.
Morning Report: Why Blue Apron’s Dramatic IPO Repricing Is Bad News For Unicorns
A day after we noted that Blue Apron’s IPO would continue the trend of unicorns going public at up valuations, it repriced. Let’s figure out what happened and what it means.
Here’s The Math Behind Teespring’s Painful Recapitalization
Crunchbase News has viewed certain documents related to the recapitalization and new financing round. What we’ve been able to gather from these documents, in concert with discussions with sources close to the current transaction, confirm some assertions made by the Journal, as well as provide additional details about the state of Teespring.