As academics fear being priced out of the fossil market, a private company announced that it aims to raise $13.75 million by selling shares in a stegosaurus fossil.
CRV, based in Silicon Valley, plans to return to investors $275 million because the market for mature start-ups has soured.
The Silicon Valley company would be among the first A.I. companies to go public since the release of ChatGPT nearly two years ago.
Wiz’s chief executive said the company walked away from a “humbling offer” and would pursue an initial public offering instead.
Reddit’s first earnings report as a public company showed leaps in users and advertising revenue, along with expenses related to its initial public offering.
The social media company’s debut on the New York Stock Exchange was one of the first major tech initial public offerings of the year.
The site’s journey from toxic cesspool to trusted news source illustrates the business value of keeping bad actors at bay.
The Newhouse family, which controls the Advance media empire, made a 2006 investment of $10 million in the social site, which plans to go public on Thursday.
The social media company raised $748 million in the offering. Its shares begin trading on the New York Stock Exchange on Thursday.
The site, a throwback to an earlier era of social media, is poised to go public as soon as next week. It hasn’t been easy to reach this point.
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