Search Results for:Alex Barinka
Rahman will help manage relations with the Vision Fund’s two key backers – Saudi Arabia’s Public Investment Fund and Abu Dhabi wealth fund Mubadala.
Another mega fund would give founders cash to grow their businesses, and early investors a potential opportunity to sell and get liquidity. But it also could help further inflate already-pumped private valuations.
The biggest venture capital backers selling their stakes are Tiger Global, Benchmark Capital and Battery Ventures.
Since news first came out of its IPO plans, Cushman & Wakefield’s closest publicly traded peers, CBRE Group and Jones Lang LaSalle have climbed 57% and 76% respectively. That’s influenced the decision to consider listing this year.
iQiyi aims to raise as much as $2.4 billion through its IPO, offering 125 million American depositary shares at $17 to $19 apiece.
Qu Toutiao has no connection to the more popular Jinri Toutiao run by Beijing ByteDance Technology Co.
IQiyi, whose streaming-video service is similar to American rival Netflix Inc., is aiming for a public market valuation of as much as $10 billion.
The employment website operator is aiming to sell shares in the second half of 2018.
Dropbox, which was valued at $10 billion in its 2014 funding round, would be one of the biggest U.S. enterprise technology companies to list domestically in several years.
Raising cash could help the company further expand or pay off some of the debt.