Chime’s Customer Nightmare Exposes a Fintech Flaw
The company is the largest digital-only financial provider in the United States. Will this debacle ding its IPO?
IPO
The Fintech IPO Market Is On Fire. Here’s Why.
Investment executives say exit pressure, valuation pressure, talent pressure, and story pressure have all contributed to the new fintech "IPO mania."
Why Insurtech Firm Root Tanked After IPOing
Amidst an otherwise febrile fintech market, Root has gone underground, falling from a $6 billion IPO market cap to $3 billion. In one important sense, Root’s public humiliation is healthy.
The Would-Be Robinhood Killer You’ve Never Heard Of
This week the Israeli company eToro announced that it will go public in a $10.4 billion deal, being acquired by a SPAC created by veteran banker Betsy Cohen. eToro may provide the biggest competition Robinhood...
Awaiting Stripe’s Massive IPO
Five years ago, when the founders appeared on the cover of Inc. magazine, Stripe was estimated to process $20 billion in annual payments. Last year that figure was estimated at $350 billion.
What’s Missing From Pinterest’s IPO?
Why won't Pinterest's IPO price much exceed its private valuation of $12 billion? It seemed to have a great product/market fit, but there's a problem, especially compared to arch-rival Instagram. It doesn't offer sufficient incremental...
Cloudary, Spreadtrum Pull Out Of NY
The exodus of Chinese tech firms from New York stock exchanges continues at a steady pace, with cellphone chip maker Spreadtrum announcing a sweetened buyout offer and online entertainment firm Shanda indefinitely delaying its IPO...
The “Corporation of One” Has Arrived
Politicians may argue whether “corporations are people.” Techonomists might ask a different question: Can people be corporations? The dictionary definition is "a group of people authorized by law to act as a single entity.” That...
Steve Case on How to Stimulate Innovation
In this session from Techonomy 2011 in Tuscon, Ariz., Steve Case, CEO of Revolution LLC, discusses the current state of entrepreneurship in the US, and what needs to happen to encourage growth and innovation. He...
