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Saudi Aramco reportedly delays what would be the biggest IPO in history

SAUDI ARAMCO REPORTEDLY DELAYS WHAT WOULD BE THE BIGGEST IPO IN HISTORY

Reuters Saudi Aramco delayed its scheduled mega-IPO, according to the Financial Times . The world's largest oil company was poised...

Goldman Sachs sold some of its WeWork stake and valued it at a fraction of what its investment bankers were pitching to get the IPO mandate

GOLDMAN SACHS SOLD SOME OF ITS WEWORK STAKE AND VALUED IT AT A FRACTION OF WHAT ITS INVESTMENT BANKERS WERE PITCHING TO GET THE IPO MANDATE

Goldman Sachs had sold some of its stake in WeWork even as the investment bank was pitching the coworking company for a highly lucrative...

 
 
 
IPO flops and CEO firings have made it clear that Silicon Valley's magic startup formula is about to change: Welcome to the age of Founder Frenemies

IPO FLOPS AND CEO FIRINGS HAVE MADE IT CLEAR THAT SILICON VALLEY'S MAGIC STARTUP FORMULA IS ABOUT TO CHANGE: WELCOME TO THE AGE OF FOUNDER FRENEMIES

For more than a decade, Silicon Valley's law of the land has rested on one fundamental principle: a startup's founder does whatever...

Simon Segars interview - Arm's CEO on competitive threats, custom instructions, and a far-off IPO

SIMON SEGARS INTERVIEW - ARM'S CEO ON COMPETITIVE THREATS, CUSTOM INSTRUCTIONS, AND A FAR-OFF IPO

Simon Segars, CEO of the Cambridge, England-based Arm, hit the stage last week at the company Arm TechCon 2019 event in San Jose, California...

 
 
 
WeWork is reportedly rushing to get a new debt financing deal and it could run out of cash next month

WEWORK IS REPORTEDLY RUSHING TO GET A NEW DEBT FINANCING DEAL AND IT COULD RUN OUT OF CASH NEXT MONTH

Reuters WeWork has a huge pile of debt and now the firm's failed IPO left has left it running out of cash much sooner than expected,...

WeWork's India business is trying to raise $200 million after prior funding was pulled following the firm's botched IPO

WEWORK'S INDIA BUSINESS IS TRYING TO RAISE $200 MILLION AFTER PRIOR FUNDING WAS PULLED FOLLOWING THE FIRM'S BOTCHED IPO

Reuters / Kate Munsch WeWork India is battling to raise $200 million in fresh capital after a local lender pulled $100 million in funding...

 
 
 
We just got the latest sign that Saudi Aramco's record-shattering IPO will soon be a reality

WE JUST GOT THE LATEST SIGN THAT SAUDI ARAMCO'S RECORD-SHATTERING IPO WILL SOON BE A REALITY

Reuters Saudi Aramco is moving forward with its plans for an IPO after drone attacks crippled its oil production , and new details...

WeWork cofounder Adam Neumann personally invested $30 million in a startup and loaned money to its CEO. Then the CEO got fired for alleged gross misconduct

WEWORK COFOUNDER ADAM NEUMANN PERSONALLY INVESTED $30 MILLION IN A STARTUP AND LOANED MONEY TO ITS CEO. THEN THE CEO GOT FIRED FOR ALLEGED GROSS MISCONDUCT

WeWork's former CEO Adam Neumann loaned money to a British startup boss who was later fired from his company for alleged gross misconduct,...

 
 
 
Wall Street is overwhelmingly bullish on SmileDirectClub even after it had the worst US IPO in 12 years. Here's what analysts are saying

WALL STREET IS OVERWHELMINGLY BULLISH ON SMILEDIRECTCLUB EVEN AFTER IT HAD THE WORST US IPO IN 12 YEARS. HERE'S WHAT ANALYSTS ARE SAYING

On Monday, a slew of Wall Street analysts initiated coverage of SmileDirectClub with bullish "buy" ratings and high price targets. Shares...

Here's how every new IPO bigger than $1 billion has performed in 2019

HERE'S HOW EVERY NEW IPO BIGGER THAN $1 BILLION HAS PERFORMED IN 2019

Reuters/Andrew Kelly Several of 2019's largest initial public offerings are badly trailing the broader stock market as investors start...

 
 
 
Wall Street gave Adam Neumann up to $500 million he was going to pay back after WeWork's IPO. Now that the offering is pulled, banks are scrambling to hammer out a solution

WALL STREET GAVE ADAM NEUMANN UP TO $500 MILLION HE WAS GOING TO PAY BACK AFTER WEWORK'S IPO. NOW THAT THE OFFERING IS PULLED, BANKS ARE SCRAMBLING TO HAMMER OUT A SOLUTION

WeWork co-founder Adam Neumann is working with banks to consider new terms for a loan that he took out before the company filed to...

 
 
 
A London fintech startup wants regular investors to get in on IPOs. It just lured former Goldman Sachs and JPMorgan execs

A LONDON FINTECH STARTUP WANTS REGULAR INVESTORS TO GET IN ON IPOS. IT JUST LURED FORMER GOLDMAN SACHS AND JPMORGAN EXECS

London startup PrimaryBid has made senior hires as it looks to build following a recent fundraising. The company wants to democratize...

Uber and WeWork are being thrashed for pretending to be tech companies. But the VC whose firm bet big on both startups says that argument is all wrong

UBER AND WEWORK ARE BEING THRASHED FOR PRETENDING TO BE TECH COMPANIES. BUT THE VC WHOSE FIRM BET BIG ON BOTH STARTUPS SAYS THAT ARGUMENT IS ALL WRONG

Hundreds of investors and private company executives convened for a special summit meeting on Tuesday in the wake of a series of disappointing...

 
 
 
Silicon Valley's top VCs are convening a special 'summit' after recent IPO failures

SILICON VALLEY'S TOP VCS ARE CONVENING A SPECIAL 'SUMMIT' AFTER RECENT IPO FAILURES

Silicon Valley investors and executives are holding a big summit to explore alternatives to Wall Street's system for initial public...

IPO proceeds slowed 50% in the third quarter as investors lost their appetite for high-risk companies

IPO PROCEEDS SLOWED 50% IN THE THIRD QUARTER AS INVESTORS LOST THEIR APPETITE FOR HIGH-RISK COMPANIES

Money raised by companies entering the public markets declined more than 50% in the third quarter, compared to the second quarter of...

 
 
 
WeWork Withdraws Stock Market IPO Filing

WEWORK WITHDRAWS STOCK MARKET IPO FILING

The move follows co-founder Adam Neumann's resignation as CEO last week.

WeWork shelves IPO for now under new leadership

WEWORK SHELVES IPO FOR NOW UNDER NEW LEADERSHIP

WeWork WeWork is shelving its initial public offering after a tumultuous six weeks that saw its co-founder and CEO step down. The flexible...

 
 
 
WeWork's bonds plummet to record low after company pulls its IPO

WEWORK'S BONDS PLUMMET TO RECORD LOW AFTER COMPANY PULLS ITS IPO

WeWork's 7.875% notes maturing in 2025 tumbled to a record low of 86.39 cents on the dollar on Monday after the company's latest S-1...

Adam Neumann gives his first statement on WeWork's culture and leadership changes since stepping down as CEO and admits 'growing pains'

ADAM NEUMANN GIVES HIS FIRST STATEMENT ON WEWORK'S CULTURE AND LEADERSHIP CHANGES SINCE STEPPING DOWN AS CEO AND ADMITS 'GROWING PAINS'

Jackal Pan / Getty With the IPO paused for now, WeWork and Adam Neumann gave their first public statements about the company's culture...