Carl O'Donnell

Uber plans to sell shares worth $10b, in one of the biggest tech IPOs ever

Uber is seeking a valuation of between $90 billion and $100 billion, influenced by the poor performance of smaller rival Lyft Inc’s shares following its IPO late last month.


Venture backers reap multi-billion dollar payday in Lyft IPO

Rakuten, which invested $300 million in Lyft in 2015 at a $2.5 billion valuation and then made subsequent cash infusions, is the company’s largest shareholder with an 11% stake.


Lyft valued at $24.3b in first ride-hailing IPO

Lyft’s valuation makes it the biggest company to go public since Alibaba Group Holding Ltd in 2014.


Ride-hailing platform Lyft to launch road show for up to $2b IPO

Lyft’s IPO will mark the first time a ride-hailing company has debuted on the US public markets.


Uber said to be preparing for IPO kick-off in April

The timing for Uber’s IPO means it will most likely hit public markets soon after Lyft completes its own public offering, which is expected to happen by the end of March.


Uber said to hire more IPO underwriters as listing preparations gain steam

The preparations are aimed at giving Uber the flexibility to go public as early as the first half of 2019.


Ultimate Software agrees to $11b buyout by Hellman-led investor group

The investor group includes Blackstone Group LP, GIC Pte Ltd, Canada Pension Plan Investment Board (CPPIB) and JMI Equity.


Enterprise chat service firm Slack hires Goldman Sachs to lead IPO in 2019

The San Francisco-based company is among a string of Silicon Valley unicorns expected to debut in the stock market in 2019.


Horizons Ventures-backed video conferencing firm Zoom draws IPO roadmap

Zoom is aiming to be valued in the IPO at several billion dollars more than the $1 billion valuation it achieved in its most recent funding round in 2017, when it received $100 million from venture capital firm Sequoia.


Musk’s Tesla buyout plan – No formal offer, no firm deals with advisers

Three members of Tesla’s board will now weigh whether it is advisable – or even feasible – to pursue what could be the biggest-ever go-private deal, and they are doing so before receiving a formal proposal from the CEO.