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Investors double down on tech stocks in massive DoorDash, Airbnb, C3.ai IPOs – TechCrunch

Editor’s note: Get this free weekly recap of TechCrunch news that any startup can use by email every Saturday morning (7 a.m. PT). Subscribe here. Maybe it is a stock market bubble, or a tech-stock bubble at least. And maybe DoorDash, Airbnb and C3.ai and their bankers should have priced higher regardless to take advantage of all […]

  • The web hosting company wound up selling to another company called Endurance International in 2007, which sold as a combined entity for around a billion dollars in 2011, later going public before being taken private last month for $3 billion — you can read this TechCrunch piece that mentions Endurance from 2010 for a bit of the historical record.
  • I actually started my career at Lehman Brothers on the investment banking team, and so having seen the IPO process, while I can appreciate [frustration that a] company left some money on the table based on the pricing, the tactical challenge [is that] it’s very hard to predict.
  • And it grew efficiently; starting with money from its founding team, Gorny told TechCrunch that even if he had used someone else’s money, he would have built the company in the same manner.

TECHCRUNCH.COM14 Dec, 2020

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Kenneth Ho

Founder & Director @ BEAMSTART. Just launched a VC fund to accelerate awesome startups.

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